Infinity Hall is University of Florida’s residence hall for entrepreneurs and startup companies. The new residence is located two blocks east of campus near Innovation Square. It will include dorm space for 308 students and 200,000 SF of space for residents to pursue their projects. This will mark a first-of-its-kind public-private partnership between University of Florida and Signet Developments. Signet Development is funding the five-story, 97,000 SF building for a cost of $23 million. The residence hall will also be the first privately funded project in Innovation Square and the first privatized form at the university. This project is not only has special significance with Bernie Machen but also represents new relations between UF, city and county, and private partnerships.
The building will open August 2015. Signet will mange the facility operations while UF Housing and Residence Education will manage occupancy and collect rents. This is not the first residence hall Signet has helped build. The development company has built several university residence halls including three at the University of Akron. Although UF will assist in making the project look and feel like a University property, the University has no money invested in the residence hall project.
Infinity Hall is key to bridging UF and the business community through Innovation Square. The hall will aid in linking the university with the Innovation Academy, who will then be able to interact with other entrepreneurs at the Innovation Hub. Infinity will have UF’s standard application and contracting process and will initially be open students in all academic majors. University of Florida has seen great interest from students in Infinity Hall.