Jacksonville, FL (2015)

KIPP Jacksonville

Construction of a not-for-profit open enrollment charter school with a renowned track record of preparing students from our nation's most educationally undeserved communities for success in college and life.

Investment

  • NMTC Amount: $12,500,000
  • Total Project Cost: $13,080,000

IMPACT

  • 86 FTE jobs
  • 72 construction jobs
  • 1,180 students served through the renovations
  • 150,000 sq. ft. of real estate

Investor

Project Description

The Knowledge Is Power Program (“KIPP”) charter schools is a national network of three, not-for-profit open enrollment charter schools with a renowned track record of preparing students from our nation’s most educationally undeserved communities for success in college and life. The overall project consisted of the redevelopment of a former greyhound racing track clubhouse into educational space for the eventual operation of three KIPP schools.

Jacksonville Alliance for KIPP Schools, Inc. (“JAKS”) was gifted the site located at 1440 N. McDuff Road, Jacksonville, FL 32254 for the purpose of developing the KIPP schools and to lease the property to KIPP Jacksonville Schools, another recently-created, non -profit entity whose sole purpose is to build and manage the schools. The clubhouse was over 150,000 sq. ft. in space, which is large enough to house three KIPP schools with a total of 37 classrooms. Plans for the fourth floor are pending. In total, approximately 1,180 students is now served through the renovations, which took place from January 2010 to November 2010.

KIPP Impact Middle School opened in August 2010 and serves approximately 340 students. In subsequent years, a second middle school and an elementary school are planned to be opened in the building, which now serves 340 and 500 students, respectively. At full occupancy, the facility serves approximately 1,180 students from kindergarten through 7th grade.

MAP

Address: 1440 North McDuff Avenue, Jacksonville, FL 32254

Census Tract: 12031002701

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