ViaNova Development
Education Projects
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Project: The Goddard School
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Location: 607 North Market St, Chattanooga, TN 37405
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Project Type: Adaptive Reuse built in 1938
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Project Cost: $4.2MM
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Tenants:
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Goddard School - 136 Students
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Real Roots Began Cafe
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Co-Working Offices
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Opening Date: June 2020
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Other Details: This wholly owned ViaNova Development project revitalized a section of N. Chattanooga and a building that was an eyesore for the community into a desirable destination.
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Project: Metta Montessori
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Location: 1026 South Highland Street, Arlington, VA 22204
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Project Type: Adaptive Reuse - 3 buildings built in 1924
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Project Cost: $1.7MM
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Number of Students: 80
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Financing: Worked with local Wells Fargo resources to secure debt against 20% equity, which was being provided by the owner/operator.
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Opening Date: August 2020
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Other Details: ViaNova Development provided pro-bono advisory services in the areas of project planning, budgeting, GM selection, and construction management to assist the owner/operator of a local Montessori school to acquire and redevelop a piece of property to expand the enrollment of the school from 40 students to over 120.