C.W. Driver Launches Modernization of Long Beach Poly High School

C.W. Driver Launches Modernization of Long Beach Poly High School
News| June 3, 2025| Paul Bubny
California & West + Student Housing

C.W. Driver Companies, a builder specializing in educational facilities, recently held the groundbreaking of a $175-million modernization project at Long Beach Unified School District’s (LBUSD) Polytechnic High School. The comprehensive project includes interim student housing, a new 65,000-square-foot Career and Technical Education classroom building, and the modernization of eight historic existing campus buildings.   

The project will be executed in three strategic phases, with the first focusing on site improvements, utility upgrades, and interim housing facilities to prepare the campus for continued operation during construction. Phases two and three will deliver additional improvements, transitioning campus spaces to serve new academic and student support functions.  

Interim housing will also be built in a new complex consisting of 52 portable classrooms, four restroom buildings and a lunch shelter. These temporary facilities will ensure continuity of education during construction. 

    This is the fourth project C.W. Driver has worked on with LBUSD.

    Rendering courtesy of LPA Architects.

    On June 18, join industry-leading experts when they explore the most important topics in today’s CRE markets. Register to attend and hear expert insights first-hand, network with the best in the industry, and sit in on discussions you won’t hear anywhere else. The 9th Annual Connect Los Angeles 2025, June 18 at the Intercontinental Los Angeles Downtown. 

    Other News

    CP Group-Led Team Buys Massive Boca Raton Mixed-Use Project

    Florida & Gulf Coast + Apartment Buildings

    CP Group, The Georgetown Company and fund manager ACRE, together with investment partner StepStone, acquired Mizner Park in downtown Boca Raton. Brookfield Asset Management was the seller. The acquisition of the 838,840-square-foot office, retail, and residential property represents a full-circle moment for CP Group, which originally developed Mizner Park between 1991 and 1999. Mizner Park...

    Learn more

    Greystar, Vantage Acquire Chamblee Property for 340-Unit Multifamily Community

    Atlanta & Southeast + Apartment Buildings

    Greystar has plans to build a 340-unit apartment complex in Chamblee. The company spent $11.5 million on 7 acres at 5220 Peachtree. Chamblee officials selected the two firms in 2024 to pursue the project that was previously on city land. The Downtown Development Authority was the seller. The Atlanta Business Chronicle reports that Greystar is...

    Learn more

    Multifamily Refinancing Squeeze: 41% Higher Costs, $6.8B Equity Gap

    Apartment Buildings

    Multifamily owners with loans coming due are faced with higher refinancing costs. While this isn’t news, Newmark put numbers to the issue, indicating that loans maturing in Q3 2026 carried an average interest rate of 4.04%, compared to 5.69% on new loans at an average cap rate of 5.5%, resulting in negative leverage. At the...

    Learn more
    New call-to-action

    Brokers

    View All

    Lenders

    View All