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Jax Daily Record Friday, Apr. 10, 202005:10 AM EST

Cornerstone Classical Academy buys New Covenant Ministries property

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The Jacksonville charter school intends to reach 12 grades by 2026-27.
by: Scott Sailer Staff Writer

Cornerstone Classical Academy Inc., a Jacksonville-based charter school, paid $7.5 million March 31 for the New Covenant Ministries Inc. property at 2360 St. Johns Bluff Road S., between Atlantic and Beach boulevards.

Cornerstone Classical, founded in 2018, is a traditional K-6 public charter school aligned with Hillsdale College’s liberal arts curriculum. The school will serve grades K-6 through the 2020-21 school year and plans to add a grade each year reaching 12th grade in the 2026-27 school year.

Property records show  22 buildings on 16.58 acres at the New Covenant Ministries site. (Google)

Property records show 22 buildings on 16.58 acres comprising church, office, mobile home and relocatable classrooms totaling 79,576 square feet.

The city issued a building permit March 31 valued at $150,000 for alterations and repairs of 35,000 square feet for Cornerstone Classical. Williams & Rowe Co. Inc. is the contractor.
School representatives were unavailable for comment April 9.

The school secured a mortgage for $16.96 million from UMB Bank.

New Covenant Ministries Inc. bought the King of Kings Christian Church Inc. property at 3949 Atlantic Blvd. on March 31 for $1.2 million.

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