Harbour Pointe Charter Academy is a 501(c)(3) nonprofit headquartered in Northeast Jacksonville, FL. They are seeking financing for pre-development expenses to build this new school. The loan will be repaid when the bond closes in Fall 2025.
*Interest is accrued until payoff.
6-Month note with 2-month extension option at additional 2% interest for those months.
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Harbour Pointe Charter Academy aims to provide a rigorous education that fosters academic excellence, global competence, and personal growth, preparing students to be capable of creating a prosperous and peaceful world. Its vision is to be a top-tier education option that empowers students to become responsible, independent, and successful individuals capable of thriving both locally and globally.
In April 2024 Harbour Point Charter Academy entered into a design-build contract with Summit Construction Group (“Summit”) to design and build an approximately 50,000-square-foot facility in Northeast Jacksonville.
When complete, the facility will fully accommodate the planned 818 students in grades K-8. Construction is expected to begin in August 2025 and finish in August 2026.
The proceeds from this loan shall be used for pre-development expenses. The loan will be repaid when the bond closes in Fall 2025.
Harbour Pointe Charter Academy is a new charter school scheduled to open in Jacksonville, Florida in August of 2026. Currently, no charter school exists in the surrounding area and the local schools in Duval County are experiencing overcrowded conditions.
At full enrollment, the school will admit up to 818 ethnically and demographically diverse students from K-8 in a region that is forecast to grow by 13.5% over the next 10 years. This current environment, coupled with the projected growth in school age population in the region significantly increases the demand for additional schools.
