Press release

Pinecrest Academy Cadence Campus Breaks Ground with Andre Agassi and Henderson Mayor Andy Hafen; Set to Welcome Students in August

April 1, 2016

(HENDERSON, NEV.) – At an event on March 31, Andre Agassi of the Turner-Agassi Charter School Facilities Fund and City of Henderson Mayor Andy A. Hafen, along with Pinecrest Academy Principal Jessica LeNeave, and The LandWell Company CEO Mark Paris, gathered to celebrate the official groundbreaking of the new Pinecrest Academy campus located at Cadence, a 2,200-acre planned community in Henderson.

“With the new Pinecrest campus opening this fall, residents at Cadence and others living nearby in Henderson will soon have another solid education option for their children,” said Mark Paris, CEO of Cadence developer The LandWell Company. “This August, we look forward to welcoming the first of many Pinecrest faculty, teachers, families and students to Cadence.”

“Opening a new school in my hometown of Las Vegas is always an incredible feeling,” said Andre Agassi, Co-Managing Partner of the Turner-Agassi Charter Schools Facilities Fund and CEO of Agassi Ventures. “Schools are an investment in our future and provide opportunities for families to grow and flourish. Pinecrest Cadence in Henderson is an example of a great institution providing students a top-tier education.”

“Pinecrest’s team of educators, led by Dr. Carrie Buck, realize that the vast majority of careers that our students will enter do not even yet exist,” said Jessica LeNeave, M.S., M. Ed., Principal of Pinecrest Cadence. “The new Cadence campus gives us the opportunity to invite families to continue their educational journey with us all the way from Pre-Kindergarten through high school graduation. Pinecrest has become a family that I am proud to be a part of.”

Phase I of the Pinecrest Academy Cadence Campus, a public choice, tuition-free charter school, will open in August 2016, initially enrolling 900 students in Kindergarten through ninth grade. Each subsequent year, the new school will add a year of high school until it reaches grade 12.

The first phase also includes the elementary school’s multipurpose room, with a basketball court and stage, as well as a synthetic turf play. Phase I includes part of the middle and high school complex, including an administration facility for the middle and high schools.

When all phases of construction are complete, the collective campus will boast 201,400 square feet of learning and activity space.

About Cadence

Cadence, a 2,200-acre planned community located in Henderson, Nev., has 450 acres of open space, which includes a 50-acre central park and 100-acre sports park. The community offers a bike share program, free Wi-Fi in public parks, and interconnects with the many Henderson bicycle and walking trails such as the Las Vegas Wash Trail and River Mountains Loop Trail. Six school sites, retail centers including a grocery store and other services, and nearby business parks are also part of Cadence. Cadence is being developed by The LandWell Company, the real estate development division of Basic Management, Inc., which has a distinguished history in Southern Nevada. The 13,250-home community offers a variety of residential neighborhoods with a broad cross-section of homes starting from the low $200,000s. For more information about Cadence, visit www.cadencenv.com, or call 702-558-9366. Find Cadence on social media at facebook.com/CadenceNV, Twitter @CadenceNV and on Instagram @Cadence_NV.

About Turner-Agassi Charter School Facilities Fund

The Turner-Agassi Charter School Facilities Fund is the nation’s largest market-driven real estate fund designed to accelerate the growth of high-performing charter schools. By the fall of 2015, the fund had developed 70-75 schools, serving 35,000 students in urban areas throughout the United States. The Turner-Agassi Charter School Facilities Fund is a partnership between an affiliate of Turner Impact Capital, LLC and Agassi Ventures, LLC. For more information, please visit www.turneragassi.com.

About Pinecrest Academy

Since its inception in 2000, the Vision of Pinecrest Academy, Inc. has been to empower lifelong learners with knowledge and values required for productive global leadership. Pinecrest Academy, Inc. is a high performing charter school network that operates nine schools (on 12 sites) across 10 campuses. The organization has a fifteen-year proven track record of successfully implementing their vision of raising student achievement while decreasing the achievement gap for disadvantaged student populations. Schools are located in the cities of Miami and Orlando in Florida and Henderson in Nevada. Pinecrest Academy of Nevada currently serves 2,500 students in across three campuses in Henderson, Nevada. The Cadence Campus will grow to serve students in Pre-K through 12th grade. Pinecrest is managed by Academica Nevada, an education management organization. For more information, please visit www.pinecrestnv.org.