| I'm just surprised about WLA because I thought their charter application had been all about serving Wards 7 and 8. |
And Walton Fdtn. is an investment partner of Building Hope - have provided $9 million to finance Building Hope to finance charters. |
Got it, that makes even more sense. Then you can still do separate deals for each user, with the development team as the final owner/lessor. Building Hope has some long-term funders who aren't as concerned about immediate payback as a traditional bank lender. |
Wasn't Breakthrough going to be in 7 or 8 too? The real estate available doesn't always match what the initial charters plans were. |
In Lee's case it did. Ward five was always the plan which is fantastic for ward five families! |
Not at all. We are supporting Lee all the way, have lots of friends there. We are at a beautiful school that has permanent home as well. Why would anyone be jealous of a charter actually getting a nice building? Why can't you just take it for what it is - a concern I would have (and probably others). Not a huge deal-breaker. |
Out of curiosity, what buildings would you would have wanted that DGS is holding on to? It's my understanding, there aren't many other that Shaw (which we all know will never be released). |
Oh well that makes a lot more sense financially. Congrats. |
Not necessarily ones I would choose for my kids school (we live in Petworth), but other empty DCPS schools include Emery, Marshall, Shaw I also wonder about the affect of Brookland Middle on Burroughs, Langdon, Bunker Hill and Noyes. By moving out 3 grades from those already underenrolled schools, should there be some realignment in Woodridge/Brookland/Langdon neighborhoods, or is the school age population growth really that great? |
i wondered where they got their money! |
The other listed investment partners are OSSE, US Department of Education, the JA and Kathryn Albertson Foundation, US Department of Treasury. |
Why go and start this stuff on what could have been a great, supportive thread. There are plenty of other great buildings in the charter world, ones listed above, ITS, Bridges (next year), Haynes, CMI, Stokes to name a few more. MV is nice but lacks playground. And these are secured 100% by the school, not a few floors. It's a win-win for all, no need to bring out nasty competitiveness. |
Exactly no buildings anyone wants anyway. You can't release schools that are currently enrolled and even if they did realign, it would take a while to make sure before they made assignment changes. |
Langdon and Bunker Hill are both on lovely pieces of land (and I like the buildings with some updates). I haven't been inside Burroughs (but great greenspace) or Noyes (across the street from a park). Is the Breakthrough location temporary or permanent? |
And these are schools that are currently open. Why exactly would DGS release these buildings? |