Through its turnkey facilities development program CSDC takes on the role of property owner, developer and manager, providing charter schools with facilities at market or below-market rates.

CSDC created this program to help charter schools focus on their true mission: education. Be they charter school start-ups in need of space on an interim basis, or more established charter schools looking for a solution to their facility needs without having to own and manage their own property, CSDC provides space that meets schools' needs and budgets.

In the 3 years since launching this program, CSDC has developed over 179,500 square feet of educational space on behalf of 6 charter schools in 3 states.

The Next Step

A school should contact CSDC if:

• the school identifies a building for sale that is too large for their start-up enrollment but will accommodate long term growth and there's another charter (or compatible tenant) with whom they can co-locate on a short term basis (for example, Great River School).
   
• the school identifies a building for sale but is not in a position to negotiate a purchase agreement and arrange financing and/or lacks resources to do real estate development and wants a turnkey solution, with a built-in purchase option (for example  West Gary Lighthouse Academy Charter School).

Getting Results: Model Turnkey Facilities