Monday, February 17, 2020

Burt Reynolds Hall sold


https://www.tallahassee.com/story/news/2020/02/16/burt-reynolds-hall-being-sold-but-staying-fsu-family/4745779002/?fbclid=IwAR0clv4yeDcxBI3Ikrd-x_Xh3we9D_iUsc9sD2glu1ktnqd66UJSyKMO-3I

Burt Reynolds Hall, a modest apartment complex owned by the Seminole Boosters since the mid-1980s, is being sold. But it will stay in the FSU family.
Board members of the FSU Research Foundation, at a March 2 meeting, are expected to approve buying the property for $3.7 million from the Boosters.
FSU’s Board of Trustees endorsed the purchase during its meeting Wednesday at the Turnbull Center. The board could OK the deal sooner via email.
It is expected to remain a student housing complex until the foundation decides on its future use. It once housed Florida State football players. 
Today, 65 of the football players live in nearby Champions Hall, which opened in 2014 across the street from Burt Reynolds and also is owned by the Boosters. It features 145 beds, in two- and three-bedroom units.
The FSU Research Foundation is a not-for-profit corporation, and a direct support organization of the university. The foundation works with the Office of Commercialization, which makes products of university research available to the marketplace.

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