Skip to main content
Add as a preferred source on Google

Memphis STEM School Taking Over as Shopping Center Anchor Tenant

  • By Dian Schaffhauser
  • 12/05/19

A year from now a half-abandoned shopping center in Memphis will be adding a STEM school as its anchor tenant. A $15 million project will convert much of the currently-named Frayser Plaza into Harmony Plaza, hosting the Memphis STEM Academy (MSA) for elementary students. Currently, MSA covers grades K-3 with 230 students; the newly expanded space will accommodate expanded enrollment of 450 for students in grades K-5. The new school site is expected to be ready for fall 2020.

A $15 million project will convert much of the currently-named Frayser Plaza into Harmony Plaza, hosting the Memphis STEM Academy (MSA) for elementary students.

According to the Memphis Business Academy (MBA), which runs the school, the redevelopment will include new classrooms, STEM labs, a multipurpose room, a library and offices. Forty-percent of the building will continue hosting the retail operations that currently occupy the space.

MSA launched in August 2016 in a rental space with students in kindergarten and first grade. Since then it has continued adding new grade levels with subsequent school years. Learning emphasizes project- and problem-based learning, using curricula provided by Project Lead the Way, Engineering is Elementary, ScratchJr and LEGO Education.

According to local news coverage, this is the second time that MBA has retrofitted a shopping center. Previously, MBA worked with the Shopping Center Group to convert a closed Kmart into the charter school operator's main campus. MBA is the sponsor of six schools in the city, each authorized by the Shelby County Schools Board of Education.

"Renovating this plaza removes another eyesore and offers an asset that any community would be proud of — a new high tech school for elementary children, a healthcare partnership that will be a blessing for Frayser families and retail values that are competitive with any Memphis community," said the Anthony Anderson, CEO of MBA, in a statement.

The renovation is being funded through a federal New Markets Tax Credits, which are intended to finance major redevelopment in high-distress areas. Participants in the deal include Hope Credit Union, SunTrust Community Capital, BlueHub Capital and Nonprofit Finance Fund.

About the Author

Dian Schaffhauser is a former senior contributing editor for 1105 Media's education publications THE Journal, Campus Technology and Spaces4Learning.

Featured

  • Armstrong World Industries Acquires Parallel Architectural Products

    Armstrong World Industries, provider of interior and exterior architectural applications, recently announced that it has acquired the Colorado-based Parallel Architectural Products, according to a news release.

  • Round Rock ISD Completes New Early College High School

    Round Rock ISD near Austin, Texas, recently announced that construction is complete on a new, 46,500-square-foot campus for Early College High School, according to a news release. The new facility will allow the school’s students and staff to move from portables into a permanent building and increase its enrollment to 500.

  • Northeastern University Breaks Ground on New Housing Community

    Northeastern University recently announced the groundbreaking of a new student housing community on its campus in Boston, Mass., according to a news release. The university is partnering with American Campus Communities (ACC) for development of the project, which will have the capacity for 1,200 students and has a scheduled completion date of fall 2028.

  • Illinois State University Breaks Ground on College of Fine Arts Transformation

    Illinois State University in Normal, Ill., recently held a groundbreaking ceremony for the Wonsook Kim College of Fine Arts transformation project, according to university news. The series of new constructions and renovations will upgrade spaces in Centennial East, the Center for the Visual Arts, and the Center for the Performing Arts, as well as replace the existing Centennial West facility with a new Commons Building.