“The site and building supports the NASCAR Technical Institute image and mission, setting the framework for our most successful school yet.”
Bob Hartman, CEO
Universal Technical Institute
Universal Technical Institute, an automotive repair trade school with multiple locations across the country, entered into a licensing agreement with NASCAR to develop a new trade school to serve the rapidly growing southeastern United States. MPV Properties predecessor, Merrifield Partners, was hired to oversee every aspect of this highly individualized built-to-suit project and provided the following services:
- Selected and acquired a 12-acre site that is ideally situated for the school’s specific needs
- Master-planned a campus for initial and future use
- Developed a 150,000 square foot technical school which includes classrooms and laboratory space and serves approximately 1,300 students
- Later developed a separate 60,000 square foot auto body repair building
- Secured financing for a long term lease
The collaborative effort with Universal Technical Institute produced the company’s newest and most successful school on schedule and within budget.
NASCAR Universal Technical Institute
The NASCAR Technical Institute, a division of UTI, is located in Mooresville, NC. Visit their website here: uti.edu/programs/nascar