Brought to you by: Capital Impact Partners’ The Answer Key
The facility development process involves a great deal of technical expertise. Unless your charter school staff or board has that expertise, contract with knowledgeable professionals and consultants to guide you through different aspects of the process.
An architect and project manager can prove especially helpful during the needs assessment stage. The project manager can help the school through various stages of the process and should provide an understanding of the real estate market and construction trades, and charter school experience. The architect can review the feasibility study and needs assessment, and help your school develop the preliminary space needs assessment.
An in-depth discussion about key members of the facility development team can be found here.
Nothing in this material should be construed as investment, financial, brokerage, or legal advice. Moreover, the facts and circumstances relating to your particular project may result in material changes in the processes, outcomes, and expenses described herein. Consult with your own professional advisors, including your financial advisors, accountants, and attorneys, before attempting to consummate any transaction described in this material.