Ventura Partners

La Fenix Childcare Center

1950 Mission Street, San Francisco

Client: MNC

Firm Role: Ventura Partners was the Project Manager/Construction Manager

Project Scope: The project consisted of the build-out of Tenant Improvements for a new childcare center, La Fenix, on the ground floor of 157-unit affordable housing project in the Mission. Ventura Partners came on board during permitting for the project and managed the process of value engineering to bring construction costs in alignment with MNC budget, and then provided Project Management through construction and close-out. Ventura Partners closed the New Markets Tax Credit financing provided through the Low-Income Investment Fund with U.S. Bank as the NMTC investor and grant funds from the San Francisco Office of Early Childhood Education.