Northstar Commercial Partners Welcome New Public Charter School Tenant

New Summit Charter Academy approved to open In Colorado Springs.

DENVER — Today, New Summit Charter Academy was approved by the local District 20 school board to open in a building owned by Denver-based commercial real estate investment company Northstar Commercial Partners.

New Summit is set to open in August 2018 for the new school year at 7899 Lexington, in the heart of the Briargate neighborhood. The school signed a long-term lease with Northstar for the property, and will occupy approximately one-half of the 76,000-square-foot building in August 2018, with additional expansions yearly until they occupy the entire facility.

Northstar and its founder Brian Watson have been highly supportive and deeply involved in helping the school obtain official approval as a K-6 alternative, choice-based public education option for students and their parents. In fact, Northstar originally purchased the vacant building for another charter school that was not approved, and has been working since that time to find another tenant.

“We are all very eager to continue to come alongside New Summit to promote and advance quality educational options for local families as they seek out the best fit for their kid’s needs,” Brian Watson, chairman and CEO of Northstar said. “Northstar has always focused on converting vacant buildings into productive positive environments, whether for businesses, schools, business incubators, or philanthropic causes and we are thrilled to create such an environment at Lexington for all involved with New Summit.”

“As the first charter approved in Academy School District 20 in 20 years, New Summit is excited to have such an amazing facility made available to us — This is an opportunity that hundreds of families have been waiting for,” said New Summit Board Member Rick Van Wieren.

This is not the first public charter school that Northstar has been involved with. The company has helped a variety of schools throughout the United States find the space they need to facilitate positive and healthy educational environments.

The Northstar team is now working hard to build out the space at Lexington for New Summit for the start of the 2018-2019 school year. The estimated date of completion is July 2018.

Image courtesy of Northstar Commercial Properties.

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