Add as a preferred source on Google

U.S. Bank Closes on $4.8 Million in Financing for Historic Westside School

  • 12/22/14

Las Vegas – U.S. Bank closed on $4.8 million in New Markets Tax Credit equity to help renovate the historic Westside School, the city’s first racially integrated public school and a highly significant site for Native Americans and African Americans.

The $15 million renovation will create space for retailers, offices and a cafe and retain KCEP radio. New landscaping and space for public art exhibitions and a display of the circa-1923 school’s historic significance are also part of the rehabilitation.

The project is expected to become a model for historic renovation in West Las Vegas. U.S. Bank’s U.S. Bancorp Community Development Corporation investment was made possible, in part, by using New Markets Tax Credit allocations provided by USBCDC’s community development entity and Las Vegas Community Investment Corporation.

Construction will generate 64 jobs and the project will provide 24 permanent jobs when it is complete in June 2016.

Visit USBCDC on the web at www.usbank.com/cdc.

Featured

  • North Carolina District Completes New Elementary School

    The Wake County Public School System (WCPSS) in Holly Springs, N.C., recently announced that construction on a new elementary school has finished, according to a news release. Rex Road Elementary School measures in at 133,000 square feet and is the fifteenth school that general contractor Balfour Beatty has completed for the district.

  • iPark 87

    Building a Future-Focused Career and Technical Education Center

    A district superintendent shares his team's journey to aligning student passions with workforce demands, and why their new CTE center could be a model for districts nationwide.

  • Illinois District Boosts Security at High-School Stadium

    Richmond-Burton Community High School in Richmond, Ill., recently announced that it has completed the redesigned entrance to its high school stadium with a new focus on school security and community engagement, according to a news release. The district partnered with Wold Architects and Engineers on the project as part of District #157’s year-long facilities master plan.

  • Little Grand Market

    Designing for Belonging: Why Student Wellness Starts with Space

    From walkable site planning to flexible interiors, intentional design choices play a critical role in how students experience comfort, connection, and community.

Digital Edition