search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountSterling Bay, JPMorgan at odds with Wells Fargo on $230M Fulton Market debtSterling Bay, JPMorgan at odds with Wells Fargo on $230M Fulton Market debtHousing deal critics spin themselves sillyHousing deal critics spin themselves silly
South Florida

Hollywood print shop to give way to charter school

From left: Rendering and existing site at 2025 McKinley Street in Hollywood
From left: Rendering and existing site at 2025 McKinley Street in Hollywood

The City of Hollywood reportedly gave a development firm the green light to convert a deserted print shop into a charter school — after the developer sought approval for the project for 10 months.

Sign Up for the undefined Newsletter

MG3 Dixie LLC will build the Renaissance Charter School on a 10.2-acre plot at 2025 McKinley Street, bordered by the North Dixie Highway, North 20th Avenue and North Taft Street, the Daily Business Review reported. Neighborhood associations also approved the 240,000-square-foot project, which is located in an area primed for development, according to the developer.

MG3 is considering Branch Banking and Trust Company, along with two other banks, to finance up to 75 percent of the $35 million project. The facility is slated for completion by the 2015 school year. [Daily Business Review] — Angela Hunt

Tags
Hollywood