New Horizon

Project Location:  3354 Penn Avenue North, Minneapolis
Nominated by: Braun lntertec

The New Horizon Academy – Penn Avenue Center project exemplifies commitment to community. The project is located within the Northside Achievement Zone, a 13 by 18 block area in North Minneapolis that operates and collaborates with many organizations to close the academic achievement gap for low-income, high-risk children starting from birth and lasting through college.

There were several challenging aspects associated with this project. The environmental remediation cost, which included vapor mitigation, was approximately 21% of the total construction cost. Another significant challenge was conducting deep excavations and coordinating soil management activities on a 0.34-acre site located in an urban residential neighborhood. The project team resolved the tight building envelope by designing a prototype multi-story structure with a rooftop play area.

Through the engagement of the public sector, connection to local residents, leadership of the Northside Achievement Zone and its many community partners, as well as private investment from New Horizon Academy, the project was able to create 24 jobs, while providing early education and childcare services to a significantly underserved community in North Minneapolis.

Project Financing
Private Capital/Equity
Loans
DEED Contamination Cleanup
Metropolitan Council TBRA
Hennepin County ERF
City of Minneapolis

Project Partners
New Horizon Academy
MPCA
City of Minneapolis Community Planning and Economic Development
Minnesota Department of Employment and Economic Development (DEED)
Metropolitan Council
Hennepin County
Northside Achievement Zone
Folwell Neighborhood
Braun Intertec
Rachel Contracting
Vanguard Construction
Rylaur, LLC.

More info: http://www.newhorizonacademy.net/locations/detail/minneapolis_penn_ave