University of South Florida Picks New Site in North Port

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NORTH PORT - Businesses looking to lease 6,420 square feet of office space are exceedingly rare in North Port, and the long-empty Pan American Professional Center has been a sore reminder to that fact since its foreclosure more than a year ago.


But the University of South Florida is breathing new life into the project at U.S. 41 and Pan American Boulevard, with its access to public funding and need for space for hundreds of college students.

USF announced this week that it has signed a lease with Iberia Bank for 6,420 feet in a 21,500-square-foot building that will be named for USF. The space will include four classrooms, six offices and conference rooms and an option to expand in the future.