CSDC Program: Turnkey Development Project
Las Vegas, NV
Type of Project:
Acquisition and renovation of a former grocery store located on 4.6 acres of land. In 2017, CSDC completed a New Markets Tax Credit financing for the acquisition and Phase I renovation. Since that time, CSDC has completed three additional phases of expansion and improvement to the property, providing nine additional classrooms, a health center, additional restrooms, SUP required offsite road improvements and other building enhancements. CSDC is currently the design phase of the final expansion project, expected to be completed by September 2022.
Square Footage: 50,000
Project Cost: $10,000,000
• Phase IV completed July 2021
• Phase V underway with anticipated completion in September, 2022
Value Added Results:
Renovations planned and executed in 4 phases over 5 years to accommodate a slow growth school model, ensuring school affordability.