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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]how much money is needed to still be raised for Wisconsin Ave. campus project? [/quote]

$40 - 70 million for construction.  And that amount won't be offset by the sale of the MacArthur campus, which is unlikely to cover the $40 million already spent for land acquisition (financed by debt).  Judging from the last publicly available 990, prior to that purchase, GDs had about $29 million in outstanding bond debt (from the 2005 HS renovations, I'd guess).

There's a big difference between spending a $20 million gift (money pledged by 2 donors) to add a new middle school and trying to raise 3-5x that much to rebuild programs and facilities you already have on a smaller footprint.   [/quote]

That's a lot of debt for a school to get into. They will need to increase enrollment to service future debt payments. 
[/quote]

How will they do that when the consolidated campus space appears to be tight, using current enrollment numbers? Don't you think that the revenue stream from "GDS Towers" (or a lump sum if GDS sells its project interest) will go to service and reduce the debt?[/quote]

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