Cedar Falls, IA, January 6, 2014 – FORTIS College is expanding its educational reach in Mobile, AL. FORTIS has entered into an agreement with Lockard who will deliver a new educational facility located at 7033 Airport Blvd., Mobile, AL, the former Haverty’s Furniture Store. Upon completion, FORTIS will consolidate all healthcare programs from their two older campuses in Mobile to the new campus on Airport Blvd. in Summer 2014.
Lockard has been retained to oversee the conversion of the 65,000 sf facility located on Airport Blvd. into a state of the art healthcare educational facility by summer 2014. “Projects where we re-purpose older buildings and facilities to state of the art centers for education align well with our core values,” said Ken Lockard, Chairman of Lockard. “We enjoy opportunities that transform commercial real estate to help improve the quality of life in the surrounding community.”
The finished project will feature 35,000 sf of space for educational healthcare programs such as: Medical Assisting, Medical Office Administration, Pharmacy Technology, Certified Phlebotomy Technician, Dental Assisting, Medical Assisting, Medical Office Administration, Medical Office Basic X-ray Technician, and Pharmacy Technology.
Lockard’s partners for this project are Randy Roth of The Endeavour Corporation, a business committed to pursuing real estate development and urban renewal across the United States, and New Start Community Development, LLC., a Community Development Entity as registered and recognized by the U.S. Dept. of Treasury. Both companies understand the need to focus on underserved communities in urban environments with projects that will find ways to reinvent stagnant retail or housing developments by helping inject the right combination of retail, investment and community amenities.
About Lockard:
Over the past 60+ years, Lockard has grown into a nationwide integrated real estate solutions firm. Lockard has completed over $1.7 billion in real estate transaction in 28 states, and continues to demonstrate Excellence, Integrity, and Humility in all of our relationships.
Our services cover the entire spectrum of the real estate life cycle: site selection, ownership structure, project finance, concept and value engineering, construction management, redevelopment, and disposition. Our team is passionate about delivering innovative and remarkable solutions for every client.
About FORTIS:
FORTIS is a leading post-secondary network of colleges and institutes that engages students in a powerful learning and training experience for lifelong growth. With the addition of its new campus, FORTIS now offers career-based certificate, diploma and degree-granting programs at more than 40 schools in 15 states.
FORTIS College and FORTIS Institute campuses prepare students for careers in healthcare, business and technology and various trades. FORTIS also offers online learning platforms for many of its programs. Each FORTIS campus is accredited by a nationally recognized body. Program offerings and accreditations vary by campus.
About Endeavor:
We’re committed to pursuing real estate development and urban renewal across the United States. With roots firmly planted in Milwaukee, Wisconsin and a reach from coast to coast, the Endeavour Corporation approaches real estate development with a passion for each project and integrity in getting deals done.
About New Start Community Development:
New Start Community Development (NSCD) is a Community Development Entity (CDE) as registered and recognized by the U.S. Dept. of Treasury. As a result, NSCD is allowed to accept and receive New Market Tax Credits allocations in order to invest in underserved communities in qualified census tracts. In addition to this distinct difference in our development entity, NSCD uses a multitude of tax and financing instruments to gap finance to assist difficult projects to achieve completion. Some of these tools involve: EB-5 funding (have applied to be registered as a Regional Center in Alabama); Historic Tax Credits; Rural Investment Credits; Go-Zone Incentives; Enterprise Zone advantages; Federal Trade Zone designation advantages; Low Income Tax Credits for multi-family housing and Choice Neighborhood programs through HUD to help create mix-use developments. NSCD coordinates communications and applications involving all entities whether they be local, state or federal for the betterment of the project.
NSCD not only focuses on underserved communities but we help more stable and secure communities find ways to reinvent their stagnant retail or housing developments by helping inject the right combination of retail, investment and community amenities. Ultimately, all of these tools allow NSCD and their partner community create new revenue and confidence which translates into more funding for schools and infrastructure to give all of its citizens the best chance of success. This leads to an environment of total self-reliance and upward movement for everyone.
Bottom line, NSCD strives to be the one stop shopping solution for all aspects of retail development, master planning and grocery store development throughout the United States. From financing (outlined above), design, construction, ownership, investors, operations, consulting, market analysis and food
studies. We bring all the pieces to solve the community building puzzle.
Contact Information:
John Brooks
Lockard
4501 Prairie Parkway
Cedar Falls, IA 50613
319-277-8000
Excellence | Integrity | Humility