Build with Purpose | Lady Liberty Academy Charter School
15441
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Lady Liberty Academy Charter School

Address

Lady Liberty Academy Charter School 746 Sanford Ave., Newark, NJ

Project Snapshot/Data

Project Snapshot/Data

  • Service provided : Project Management
  • Completion Date: July 2014 (anticipated)
  • Size: 44,000 square feet
  • Students Served: 470, Grades Pre K-8
  • Total Acquisition Cost: $10.5 Million
  • Financing/Lender: NJEDA issued Tax Exempt Bonds, Royal Bank of Canada (RBC)
  • Architect: Peter Gluck and Partners Architects
  • Contractor: Locus Construction

Category
Schools and Community Facilities
About This Project

Background

Lady Liberty Academy Charter School opened in 2001 and currently operates out of a leased parochial school in Harrison, NJ.  In July 2014 they will move into their new home in the Vailsburg section of Newark to lease built-to-suit school space developed in partnership with Build with Purpose.  Build with Purpose holds a long term lease on the site which is owned by the St. John’s Ukrainian Church of Newark.  The 44,000 square foot school will be comprised of a renovated 17,000 SF elementary school,  a newly constructed 19,000 SF middle school and administrative wing, and a gym and exterior courtyard /  play space.   Project financing consisted of a public sale of fixed rate, tax-exempt and taxable municipal bonds issued through the NJEDA.  Peter Gluck and Partners Architects were selected as the architects and construction management group to provide a seamless, high quality, and efficient delivery of the project.

Read more about the client
LLACS school website

Press releases
S&P rates its first Newark, NJ charter school