Prince George’s County Public Schools (PGCPS) has finalized a financial agreement with Progressive Education Partners for the second phase of the Blueprint Schools project, totaling $800 million. JLL is leading this public-private partnership (P3) as consultant and financial advisor.
This innovative P3 will result in eight new schools, covering 1.03 million square feet of space to accommodate over 131,000 students and 22,000 employees in PGCPS.
Progressive Education Partners includes Equity Members Plenary Americas US Holdings Inc. and Ellis Don Capital Inc., MBE Equity Member Phoenix Infrastructure Group Investments LLC, Lead Contractor MCN Build Inc., and Lead Service Providers US Facilities Inc., Ellis Don Facilities Services, and RSC Electrical & Mechanical.
Lindsay Stowell, Executive Vice President of Government & Education at JLL expressed excitement about the success of Phase I which delivered six schools within three years. They are now looking forward to delivering eight more schools in Phase II.
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