Carnival Center for Excellence

Miami,
FL
(2015)

Carnival Center for Excellence

Community, Daycare and Early Childhood, Youth and Families

After 57 years of serving Miami in rental facilities, the Big Brothers Big Sisters Miami Foundation, Inc. secured a pledge to gain site control for a facility to become the organizations home.

Investment

NMTC Amount: $8,000,000
Total Project Cost: $12,645,543

IMPACT

20 FTE jobs
35 construction jobs
23,000 sq. ft. of real estate

CDEs

Urban Development Fund (Aries Capital), USBCDE

Investor

US Bank

Project Description

After 57 years of serving Miami in rental facilities, the Big Brothers Big Sisters Miami Foundation, Inc. secured a pledge to gain site control for a facility to become the organizations home. Big Brothers Big Sisters of Greater Miami Valley utilized UDF’s investment to transform their new facility into an educational-mentoring resource center. Now known as the Carnival Center for Excellence, the new headquarters for Big Brothers Big Sisters of Miami provide a huge boost to kids that are mentored in the South Florida area. The building location was selected because it is conveniently located on a major thoroughfare with access to public transportation and free ground-level parking. The Carnival Center for Excellence opened early winter 2016 and costs for building and design totaled $7,000,000. The organization initially plans to use about 23,000 sq. ft. of the 43,000 sq. ft. facility and lease out the rest.

MAP

Address: 550 North Le Jeune Road, Miami, FL 33126

Census Tract: 12086004902

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