New Hope was a floating Jedi academy and was the former home of the Jedi Order known as Jedi Master (and at the time, the largest of its bases to date).
It was based in the Kauna Isle sim. Built by Jedi Master Darth Aridian, the Academy was never formally completed due to the actions of rogue JM Master Molly Sullivan who utterly destroyed the base in her fall to the Dark Side. The Order was then forced to retreat to its former base on Cloud City which fortunately had not yet been decommissioned.
Interesting fact: the same plot of land later became one of the early homes of the New Order of the Jedi, where they built their version of Cloud City (not to be confused with the Jedi Master version, or the Jedi Unity base at Urbs Nebulum, or the much later Bespin inhabited by the Knights of the Potentium).
Leonardis 11:20, 4 November 2008 (UTC)