New Horizon Academy plans to open a child care and "early learning" center in the former Champions building at Blaisdell Avenue, which has sat vacant and boarded since the party there ended in 2014. The business closed soon after the city pulled its liquor license.
The move was announced Tuesday by CBRE, whose brokers are representing both property owner Horsch Properties and New Horizon.
New Horizon was drawn to the space in part because of the anticipated redevelopment of the adjacent K-Mart site, including the reopenning of Nicollet Avenue through Lake Street.
“New Horizon is putting a long-vacant site back into use, building off of the revitalization already occurring in the neighborhood and bringing valuable early childhood education services to the families that live and work in the area," CBRE Vice President Tom Bennett said in a statement.
New Horizon expects to open the child care center in November. The company has child care centers across the metro area, including three in Minneapolis.
UPDATE: Below is a rendering of what the project woudl look like, courtesy of CBRE.