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J.G. Petrucci Co. announces move into educational market. (New Jersey).


J.G. Petrucci Co., Inc. recently announced a new initiative to service the educational marketplace. Building upon a successful track record of facility conversions, Petrucci has launched a dedicated acquisition fund to take advantage of conversion opportunities for charter schools as well as the non-profit sector The nonprofit sector, also called the third sector, civic sector or voluntary sector, is a third area of an economy, distinct from the public sector and the private sector. It is made up of all of the non-profit organizations in the economy. .

J.G. Petrucci has enjoyed a long history of serving the educational marketplace. In 1993, Petrucci provided turnkey delivery of a 14-acre, multi-building complex to the Hunterdon County Education Services Commission in Raritan township, N.J. The centerpiece of the ESC See escape character and escape key. See also ESC/P.

ESC - escape
 campus included a 30,000 SF former bank building that was completely gutted and retrofit as a school for children with special needs. The Petrucci design team, headed by lead architect Carmine carmine /car·mine/ (kahr´min) a red coloring matter used as a histologic stain.

indigo carmine  indigotindisulfonate sodium.


car·mine
n.
 Cerminara, handled all New Jersey Board of Education requirements and the retrofit was completed in less than 120 days.

Another representative project was the conversion of a laboratory space in Bethlehem, Penn. into an educational day treatment center for Lifepath, a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. . Lifepath serves mentally retarded Noun 1. mentally retarded - people collectively who are mentally retarded; "he started a school for the retarded"
developmentally challenged, retarded
 adults.

A more recent project included the acquisition and retrofit of a 35-year-old industrial building for the ARC of Union. The ARC Kohler School will educate children with various disabilities such as autism autism (ô`tĭzəm), developmental disability resulting from a neurological disorder that affects the normal functioning of the brain. It is characterized by the abnormal development of communication skills, social skills, and reasoning. . The Petrucci design/build team obtained complete site plan approvals from the township of Mountainside, as well as local and Board of Education building permits. Construction is underway and occupancy has been delivered in time for the school year start.

According to Rosalin Petrucci, who directs this initiative, "Our organization is extremely well positioned to take advantage of the numerous opportunities in the educational marketplace. J.G. Petrucci Co. has built an enviable reputation in this marketplace and we are now looking forward to growing our presence even further."
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 30, 2002
Words:288
Previous Article:Development nears completion. (New Jersey).(Mews at Annandale in historic Clinton township)
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