UCF president John Hitt told the paper that the latest version of the arts center, which will house the Orlando Philharmonic, Orlando Opera, and Orlando Ballet, does not have space for the classrooms and offices that the university requires.
In the current design for the center, UCF's performing-arts programs have been replaced with office space for Orange County, which has agreed to contribute money to the project.
"If they give us a bunch of money, it might not be a bad idea to have a site for them," Orlando Performing Arts Center president and chairman Jim Pugh said.
The loss of the university means the loss of $15 million in state funds, however.
According to the Sentinel, UCF also objects the selection of developer Hines International to build the center.