Insight redeveloped the former Caravelle Commons area into 16 Park, a $34 million 155 units of mixed-income, affordable housing. 16 Park is physically connected to adjoining neighborhoods, retail centers, parks, and service providers. The old School #27 is a former public school. Insight completed a $2M rehab in 2012 of all of the Property’s major systems, installed security and access controls, completed entry and hallways and “white box” level finish in rooms for future tenants. The Property contains 5 rooms remaining for lease totaling approximately 3,700 square feet.
Old School 27 (16 Park Community Building ) is now the home of Insight Development Corporation, Stand for Children, Arts for Learning and Trusted Mentors. The building houses the computer lab for the 16 Park residents. There is also warming kitchen available to those leasing the 1,700 square foot multipurpose room or 825 square foot community room space as well as the tenants. Former School #27 was rehabbed in conjunction with 16 Park and is now available for lease to qualified non-profit organizations or service providers that offer services needed by the area’s residents.
Insight will accept single- or multi-tenant occupancy. A minimum five-year lease is preferred, but Insight may negotiate a shorter lease term. Rent rate is negotiable and funds for tenant improvements are available and negotiable with rent rate and lease terms. For leasing information contact Chris Jennings at 317-7306 or firstname.lastname@example.org