Case Study

Higley Unified School District

Project: Sossaman Estates & Cooley Ranch Middle Schools

Both sites:

Approximately 22 acres

Approximately 140,000 SF of building space

Each Designed for: 1200 Grades 7/8 Students & 500 Early Childhood Education Students

Athletic Fields: 2 Soccer, 1 Football, 4 Baseball & 1 Softball & 4 Basketball Courts

Owner: JMF-Higley 2012, LLC

Tenant: Higley Unified School District No. 60

Location: Gilbert and Queen Creek Arizona

Timeframe: Total development: Award: July 12, 2012 Occupancy: 8/1/2013, Operations: On-Going

Partner organizations:

Development: EFDS Higley 1, LLC

Architect: Hunt & Caraway Architects

General Contractor: CORE Construction

Financing: Tax-Exempt Bonds

Issuer: Phoenix IDA

Underwriter: HJ Sims/Lawson Financial

Our role in the project: Turnkey development, Operations Management

What we did differently: First public schools in Arizona built with private financing under a lease/lease-back structure.

What we did well: Development of the process, contract and legal documents and producing a project on-time, under budget with an impossible 12 month schedule for design, financing and building the facilities.

 

Higley Unified School District facilities development