Jacksonville University and Lake Erie College of Osteopathic Medicine (LECOM) are joining up to build a $50 million medical school. The Jacksonville Business Journal reports the school, which will go up at 3412 N. University Blvd will be called LECOM Jacksonville at Dolphin Reef and will be what is described as a medical building with classrooms. It will be 50,000 square feet and is expected to accommodate 75 students when it opens in 2026, eventually housing 150

LECOM is the nation’s largest osteopathic academic health system.

The medical school will be built adjacent to the Health Sciences Complex, creating what JU is calling the Jacksonville University Medical Mall, an expanding mixed-use health care plaza established at the north end of the university’s Arlington.

The medical school will increase JU’s downtown presence for higher learning, joining the school’s law school.

Hawkins Way Capital has purchased a 122-unit student housing building at 300 West 20th Street in New York City from The New School for $30 million. Located in Chelsea, the seven-floor residential property has been serving as student housing since its opening in 2003.  

Despite efforts to attract students, The New School decided to sell the building due to low demand and student dissatisfaction with its layout. The transaction was arranged by CBRE’s Doug Middleton and Jack Stillwagon, though financial details were not disclosed. Hawkins Way Capital plans to continue leasing the property to students from various Manhattan schools. 

Imagine Me Leadership Charter School is expanding to a new 63,000-square-foot campus in Brooklyn’s Brownsville neighborhood. The school signed a 30-year lease at 39 Truxton Street, where it will occupy the entire building. This move will allow the school to double its enrollment and transition to a co-ed model. 

The new campus, facilitated by tenant brokers Open Impact Real Estate, will feature amenities like a double-height gymnasium, outdoor playgrounds, a cafeteria, and an auditorium. The lease marks a significant milestone for the school, which has been planning for a new facility for many years. 

The tenant was represented by Stephen Powers, Lindsay Ornstein, and Jake Cinti of Open, while Steve Nadel and Nechama Liberow of Pinnacle Realty of New York negotiated on behalf of the landlord. Founded in 2011, Imagine Me Leadership Charter School will begin transitioning to its new campus during the 2024-2025 school year.