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Industry Leaders Break Ground on Six New Schools as Part of Alternative Construction Financing Project

PRINCE GEORGE'S COUNTY, MD — The Prince George’s County Education & Community Partners (PGCECP) broke ground on six new community schools as part of a multi-school delivery program for Prince George's County Public Schools (PGCPS). Through this alternative construction financing project, industry leaders will work together with district and community partners to create 3,000 jobs and build school facilities for more than 8,000 students and families.

The PGCECP consortium comprises:

  • Developer: Fengate Asset Management (Fengate) and Gilbane Development Company
  • Design-Build Contractor: Gilbane Building Company
  • Designer & Architect of Record: Stantec
  • Services Provider: Honeywell Building Technologies

The consortium will address growing student enrollment, a middle school seat deficit, and rapidly aging school buildings through the Public-Private Partnership (P3) delivery approach. As a result, Prince George’s County will become the first public school system in the nation to leverage a full-scope alternative financing model to design, build, finance, and maintain a multi-school K-12 construction program.

Plans for the five new middle schools and one K-8 school promise engaging learning environments that exemplify what is possible when government and education leaders work together toward novel financing solutions. Approximately $174 million in savings is expected in deferred maintenance and construction costs, compared to a traditional construction procurement model.

“The collaboration of our consortium with the school district and community has led us to this significant groundbreaking milestone,” said Laura Sachtleben, Education Sector Leader for Stantec. “Together, we are creating learning environments that will engage, challenge, and inspire the students of Prince George’s County. It has taken a tremendous effort and partnership to quickly reach this point, and we are excited to be involved in redefining education facility delivery with this new model.”

SITECH
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All properties have been turned over to the consortium to begin construction for delivery by summer of 2023. It typically takes seven years from planning to building a school. Given present overcrowding at the middle school level and many aging schools, alternative financing offered an opportunity to cut that time in half to deliver schools long overdue.

“We have made tremendous strides in the area of long-range facility planning to advance from a capital program of primarily emergency repair projects towards a major modernization program with a plan to address each older facility in our inventory over the next 20 years,” said Dr. Monica Goldson, Chief Executive Officer, Prince George's County Public Schools. “The Blueprint Schools initiative helps us accelerate delivery of new schools and modernizations for safe, sustainable educational facilities to fully support 21st century instruction for our students, staff, and community.”

The project also features a commitment to community investment and economic stimulus, including guaranteed procurement of at least 30 percent of total eligible costs of the program to minority-owned businesses, community-based enterprises, and community-based small businesses and creation of county-based jobs.

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