Charter School Real Estate Development
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Our Services
Charter Schools Development Corporation (CSDC) Turnkey Development Program
Charter schools have one fundamental mission: to provide the best education possible for every student. CSDC’s Turnkey Development Program helps charter schools turn their “facility vision” into reality.
CSDC’s “lease-to-own” model allows charter school leaders to focus on the educational mission while we focus on the business of financing, designing and constructing a facility built to suit the unique needs of the school model, student population and budget. Our staff understands the complexities of real estate development and how to deliver a customized “turnkey” solution to each charter school client with a lease and purchase option. CSDC offers flexible terms to meet your school’s strategic vision:
CSDC has developed over 8.4 million square feet of educational facilities for our inspiring charter school partners. As a non-profit developer, we strive to pass on cost savings to our charter schools, through lower rents, flexible lending terms and affordable purchase options.
We give our school partners a pathway to ownership, and the power to shape their educational environment, drive financial sustainability, and inspire the next generation of leaders.
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Owner's Representative Services
CSDC's fee developer program provides an invaluable service to successful, expanding charter schools that recognize the benefits of outsourcing their facility needs to an experienced developer.
Initial site design
Financial modeling
Permitting and construction
Budget monitoring
Project completion-Certificate of Occupancy
Punch-list
Strategic Real Estate Development Support and Guidance
Frequently Asked Questions
What are Charter School Real Estate Development services?
Charter School Real Estate Development Services provide school leaders with insights in the following area/phases:
- Project Feasibility & Affordability
- What can the school reasonably afford now and with scaled growth.
- What is the competitive landscape in the area (e.g., district schools, other charter schools, etc.)?
- Site Selection
- Is there community support?
- Will the desired facility support the school now and into the future?
- Are there other constraints that should be examined?
- Acquisition
- Ground up construction?
- Rehab of an existing space?
- Timeline for renovation?
- Financing Options
- What can the school afford?
- Budget stress testing-if there are fluctuations in enrollment will the school still be able to afford the facility?
- Development
- Planning, permitting, construction, punch list
Why do charter schools need real estate services?
Charter school leaders are focused on providing their communities with educational opportunities. As experts in the field of education, they know it makes the most sense to work with people that have expertise in certain areas. For example, math teachers are hired to teach math, english teachers, science teachers, etc. In the same sense, charter schools benefit from obtaining real estate services because there are nuances that might impact their decision to locate in a certain area, which could include zoning restrictions, municipal requirements, like traffic studies, site design, and building codes. Working with a partner like CSDC allows school leaders to focus on their priorities while having the confidence that they are working with experts knowledgeable about real estate relative to educational facilities.
What does CSDC’s Charter School Real Estate Development process look like?
Charter Schools Development Corporation (CSDC) supports quality school choice for underserved students by developing and financing affordable charter school facilities.
In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: crcomplaints@treasury.gov.