Location

San Juan, PR

Est. Project Cost

$43 million

Public Financing

New Market Tax Credit

Private Financing

Bridge Financing

Type

Education, Healthcare

Size

136,000 SF

Sponsor

Boys and Girls Club of PR

Closing Date

Not Closed

Charter School Anchored Holistic “Hub”

Development of a 136K SF mixed-use campus focused on eradicating child poverty through four hubs- education, workforce training, entrepreneurship, and a health clinic providing integrated medical and mental health services. Adjacent to the existing 20K SF BGCPR clubhouse, the hub’s anchor is a new 38K SF K-12 charter school for Proyecto Vimenti.

Estimated Economic and Social Impact

Provide approximately 600 school seats and access to workforce and health services to over 4,000 community members. Creation of over 140 construction and 150 permanent jobs.