Project Everest

Water Valley,
MS
(2020)

Project Everest

Adult Education, College or Vocational Training, Community, Incubator, Mixed-use, Nonprofit Hub, Rural

Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi.

Investment

NMTC Amount: $6,500,000
Total Project Cost: $7,300,000

IMPACT

15 FTE jobs
14 construction jobs

CDEs

Raza Development Fund

Investor

US Bank

Voices from the Community

Water Valley Mayor Donald Gray agreed the economic, social, and physical components of this project is going to be a great change” for the city. The physical part is going to make our city much better. The economic, I can’t even start to imagine. …Hopefully a lot of these students will come back and build houses and become taxpayers,” Gray said. People can make a good living and these kids make a really good living starting out. They feel better about themselves … about their families. https://mississippitoday.org/2020/02/03/5-million-tech-center-expands-effort-to-close-skills-gap-as-tech-firms-step-up-investment-in-mississippi/

-Donald Gray, Mayor, Water Valley, Mississippi

Project Description

Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi. Tenants include BaseCamp Coding Academy (BCCA), a satellite campus for Northwest Mississippi Community College and a Business Integration/Incubation space for Business sponsors of BCCA.

MAP

Address: 802 Central Street, Water Valley, MS 38965

Census Tract: 28161950200

Other Mississippi Projects

The Mill Redevelopment

Starkville,
MS
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Adult Education, Business Development, College or Vocational Training, Community, Historic Rehabilitation, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial, Rural

CDE(s): Brownfield Revitalization, Dudley Ventures, Southern Community Capital

The adaptive reuse of a historic, 111-year old shuttered cotton mill and new construction on a site that has been virtually inactive since 1962.

Chocktaw Hotel

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CDE(s): Southern Community Capital

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Rouses Market

Picayune,
MS
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CDE(s): Arctaris Impact CDE, Hampton Roads Ventures, The Community Builders, TruFund

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