(Atlantic) Henningsen Construction, Inc. has donated $100,000 to Vision Atlantic’s transformative project, which will bring a housing development, a new childcare center, and a YMCA expansion to Atlantic.
“We are grateful to Vision Atlantic for their commitment to our community. We are happy to support this important project because it addresses needs in our community that will help Atlantic grow and thrive,” Brad Henningsen, Owner of Henningsen Construction, stated.
Vision Atlantic, through extensive research and surveying of the community and surrounding region, identified three areas that will help increase Atlantic’s population: expanded childcare, quality housing, and quality of life amenities. Construction of the 144-unit mixed-use housing development, 300-capacity child development center, and expansion of the current YMCA facility is slated to begin in late spring 2025. Infrastructure work for the housing development and child development center is currently underway.
With substantial monetary support from the Charles E. Lakin Foundation and local donors, $18.8 million has been raised in the past 11 months, over 61% of a $30 million goal. In addition to the Lakin Foundation’s $8.6 million grant, Vision Atlantic has also received an additional $23 million from the Foundation, which will act as a line of credit and help Vision Atlantic construct homes in the Camblin Hills Housing Development. As the dollars are paid back each year, the Foundation will donate 5% back to Vision Atlantic, which will be used to help operate the child development center. The $23 million is not part of Vision Atlantic’s $30 million fundraising goal.
Vision Atlantic’s Project Committee is actively working to secure the remaining $11.6 million needed to meet the fundraising goal. If you are interested in helping transform Atlantic, whether through monetary donations or acts of volunteerism, please contact Vision Atlantic at visionatlanticiowa@gmail.com. Follow Vision Atlantic on Facebook for behind-the-scenes access to project updates, or visit www.visionatlantic.org.
Vision Atlantic is a 501(c)(3) non-profit organization whose mission is to empower growth, enhance lives, and build a thriving community through the economic development of Atlantic, Iowa.
(Pictured left to right: Christina Bateman, Brad Henningsen, Brian Mixan and Debbie Waterbury)
