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News Release

Contact: Samantha Lane
(863) 667-7017

USF Lakeland receives land, endowment donations from Williams Acquisition Holding Company

LAKELAND, FL (November 17, 2004) – The University of South Florida's presence in Polk, Highlands and Hardee counties grows stronger with the help of generous contributions from a company with headquarters in Tulsa, Oklahoma.

Williams Acquisition Holding Company, a subsidiary of the Williams Companies, Inc., plans to donate 530 acres of land at the eastern intersection of Interstate 4 and the Polk Parkway for the future home of USF Lakeland's new primary regional campus. Williams Acquisition also plans to contribute funds to establish the Williams Endowed Professorship in Information Technology, the first endowed professorship for the Lakeland campus.

"The donation of land and the endowment of a professorship for USF Lakeland reaffirms our company's commitment to Florida and to higher education," said George Shahadi, vice president of corporate real estate at Williams Acquisition. "We are very proud to be involved in the creation of a new campus for USF Lakeland."

USF Lakeland currently shares a campus with Polk Community College in Lakeland offering degree programs, certificate programs and research opportunities at the junior, senior and graduate levels to nearly 2,600 students. In its effort to extend educational opportunities to central Florida communities, USF Lakeland also offers classes at several off-campus locations, including South Florida Community College, Hillsborough Community College, Citrus County, Bartow, Lake Wales, Lakeland Regional Medical Center and local high schools.

To better accommodate the growing population of its service area, USF Lakeland is embarking on an expansion program ensuring its ability to grow with the community. The university plans to begin development of its new campus by initially building a 100,000-square foot facility on the donated property which would become USF Lakeland's primary campus.

"As a regional resource, the university is committed to providing educational opportunities that contribute to the cultural and economic development of the region," said Preston Mercer, vice president and CEO of the Lakeland campus. "We will continue to strive to advance the public good through collaboration with government, social and cultural agencies, businesses and industries within the region."

USF Lakeland anticipates doubling enrollment in three years and further projects the student body to top 15,000 in 20 years. The addition of this campus allows for future expansion, more academic programs and better integration within the community. The university plans to break ground by 2008 with a grand opening scheduled for 2010.

Agreements for the land donation and the endowed professorship will be signed Monday, Nov. 22, at 4 p.m. at USF Lakeland's current home on the Polk Community College Campus, 3433 Winter Lake Road, Lakeland. The public is invited to this event and should call (863) 667-7017 for details.

Aerial view of land donated for USF Lakeland's new primary campus
(4.5MB PDF)

Williams Acquisition Signing Ceremony Nov. 22, 2004 (video)

Pictures of Signing Ceremony


 
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