New College Claims Consensus on Takeover, While USF Disputes This

New Developments at New College of Florida

New College of Florida President Richard Corcoran has indicated a renewed interest in acquiring the neighboring University of South Florida Sarasota-Manatee campus. Despite previous attempts that faltered, Corcoran expressed optimism about moving forward with this initiative.

Internal documents had revealed that USF was preparing legislative frameworks for this takeover while New College planned press releases related to the potential expansion aimed at increasing its student population and campus size.

However, USF has since denied any active negotiations regarding a takeover, with spokeswoman Althea Johnson stating, “No bills were filed during last year’s legislative session, and since that time USF leadership has not been engaged in discussions with New College of Florida about expanding our partnership.” She underscored USF’s standing as the only preeminent state university located in the Sarasota-Manatee region.

Johnson highlighted USF’s commitment to the region by referencing a new $6.5 million STEM academic facility project aimed at benefitting both students and faculty on the Sarasota-Manatee campus.

During a recent board meeting, Corcoran renewed his interest in obtaining additional dormitory space at USF Sarasota-Manatee, hinting at possible future negotiations with the Legislature. He noted that previous discussions had signaled broad agreement among key stakeholders, including the governor.

The potential deal would have seen New College assume ownership of the USF Sarasota-Manatee campus in exchange for eliminating $53 million in USF debt. Nonetheless, the idea faced significant pushback from alumni, students, and local business leaders, ultimately causing it to fall through last year.

In previous months, some board members expressed that USF should lead any potential merger talks, while USF President Rhea Law praised those supporting them. With both campuses located in close proximity, discussions remain pivotal for both institutions’ futures.

Significantly, New College has undergone substantial changes since a governance overhaul led by allies of Governor Ron DeSantis, aiming to shift its focus toward conservative educational frameworks. This transformation has included expanding athletics; however, challenges surrounding regulatory approvals for new sports facilities have arisen.

Corcoran remained optimistic about upcoming projects, including hope for the completion of a new baseball field, despite prior setbacks caused by FAA regulations that complicate land use agreements.

Future developments at both New College and USF will continue to shape the academic landscape in the Sarasota-Manatee region.

Key Information:

• Richard Corcoran, President of New College of Florida, signals renewed interest in taking over USF Sarasota-Manatee.
• Previous attempts to transfer jurisdiction never materialized due to pushback from alumni and community leaders.
• USF spokeswoman Althea Johnson states no current discussions are ongoing regarding the acquisition.
• A new STEM academic facility is underway on the USF campus, demonstrating commitment to the area.
• The proposed deal would have wiped out USF’s $53 million debt while transferring ownership to New College.
• New College is undergoing substantial changes, including expanded athletics and conservative educational focus.
• Regulatory hurdles persist regarding new athletic facilities on leased airport land.