Reply to BASIS Independent McLean Finally Falling Apart?

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[quote=Anonymous]With declining enrollment and growing red ink, the second half of the building will not be built out.  They reportedly put $20 million into the initial refit but never got enough students to justify putting in any more.  They were looking at subletting the empty half of the building last year before the quarantine crashed the commercial RE market.

So no new facilities for better sports programs, no new bigger auditorium, not enough students to grow clubs or sports teams at all, etc.  I'm sure parents with kids there still could list more. How many teachers will stick it out if the school doesn't appear to have a future? You won't know until spring 2021, if they still have plans to open in fall 2021 that is.

BIM needs a lot of positive investment to become better.  Since it is apparently run by bean counters now with no clue how to maintain the confidence of their target market, that investment seems highly unlikely.

But hey, you never know. The new owners may want to run the accumulated deficit another $10-20 million higher before they give up.[/quote]

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