Commercial Real Estate

The Capitol Encore Academy purchases new building

By Staff Report, posted 3 years ago

The Capitol Encore Academy, an arts-integrated public charter school located in downtown Fayetteville, has purchased a building to expand its educational reach from K-8 to K-12.

The new building is located at 200 Mason Street. The building was originally built in 1968 and was renovated in 2010. 

At just around 30,000 square feet, the three-story building also comes with 67 parking spaces. “The first two floors of the building will hold the regular academic classrooms, officers, cafeteria, and conference rooms,” stated in the press release. “The third floor will host the art classrooms and the TCEA High School theater space.”

With this new building, the student capacity will increase from 600 students to 730 The school expects enrollment of 1,000 scholars in the years to come. 

Currently, the school has 67 full-time employees and nine part-time. The academy hopes to add 14 FTEs and increase employment by 36 percent. 

The current expansion and supporting construction costs are valued at $7,500,000, according to the press release. The project is being funded with educational bonds. 

The community is welcomed to celebrate this occasion with a ribbon cutting on July 28 at 5 p.m.

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

Empowering Veterans: The 2026 Fayetteville Veterans Business Expo aims to close the opportunity gap

This is the first year of the Veteran Business Expo, and it grew out of Fayetteville PWC’s Economic Impact Program, which focuses on expanding access and opportunity in public-sector contracting while strengthening the local economy. It builds off th


Bee-lieve the hype: Local apiarists and entrepreneurs share handmade crafts and helpful knowledge about our most important pollinators

Lynlene Apiary and Crafts is owned and operated by mother-daughter duo Carolyn Kleinert and Jolene Kleinert. They are certified apiarists and sell honey, candles made with beeswax, soaps and other crafts at local farmers markets. Photos by GFBJ.Lynle


The Hive of Hope Mills is open for business: Big T's serves as anchor tenant

Big T’s has been a local favorite of Hope Mills since 2000 when Timmy (Big T) and Donna Gray first opened right on Hope Mills Lake. It is a seasonal restaurant, so many of Big T’s loyal customers were happy to hear they would now be open year-round, seven days a week.