Valencia to provide $2 million to UCF downtown campus
Valencia College will contribute $2 million to UCF’s $60 million proposed downtown campus plan, as stated at a Valencia Board of Trustees meeting last week.
Although UCF is providing most of the funding to build the campus, Valencia's public relations director Carol Traynor said Valencia’s contribution of $2 million was calculated by factoring in the number of Valencia students who would also be using the campus.
Because Valencia will use about 10 percent of the proposed new academic building downtown, $2 million is the amount proportional to the $20 million, out of the $60 million, UCF is asking for from the state legislature.
Valencia also announced its plans for the downtown space, which include moving its hospitality and culinary programs. Traynor also said the school would be putting programs in place to help Parramore residents.
“We want to create short-term certificate programs in areas where there is workforce demand to expand opportunities for Parramore residents,” she said. “The unemployment rate in Parramore is 23.8 percent, compared to 5.3 percent elsewhere in Orange County.”
When the campus is complete, more than 2,000 Valencia students will join their peers from UCF as part of the joint project, which Traynor said will strengthen the relationship between the two schools.
“We see this as an opportunity to expand our long-standing partnership with UCF and enhance the academic experience for students along the DirectConnect pathway,” she said. “We’re very excited about the opportunity to work more closely together.”
Deanna Ferrante is a Senior Staff Writer and Watchdog Reporter for the Central Florida Future.