Project Case Study
Monument Academy Public Charter School
Project Description
Turnkey Facility Development
Location
Washington, DC
Campus Opened
2014-15 School Year
Total Project Costs
$14.3 Million
Building Hope Investment
$4.4 Million
Project Size
46,055 sq. ft.
Lease Terms
5 Years

Turnkey Facility Development
Weekday Boarding School

Monument Academy Public Charter School (Monument Academy), is a Washington, DC weekday boarding school that provides its students a safe home and access to outstanding academic and life skills.  Monument Academy fills a critical need in the city to serve students in the foster care system, or who have been touched by the system.

Upon receiving their charter, Monument Academy immediately contacted Building Hope to secure a facility to open for the 2015-2016 school year. In December 2014, the team was awarded a former District of Columbia Public School facility.

The Charter School Incubator Initiative (CSII) — a partnership with the Office of the State Superintendent of Education and Building Hope — provided Program Management through financial and construction oversight services to successfully deliver Monument Academy a space to fulfill the school’s unique teaching and residential needs.

Monument Academy now occupies approximately 43,750 square feet and Community College Preparatory Academy – a program for District Residents in Wards 5, 7 and 8 that prepares adult students for post-secondary education and workforce training – occupies 2,300 square feet.  Monument Academy plans to grow each year by 40 students until it reaches 160 students in fifth through eighth grade.