Breaking News in Brief: first year phase II P3 costs increase, St. Mark's not yet confirmed for Hyattsville Elementary

First year payment now capped at $70 million, swing space decision expected soon

Photo by Markus Winkler on Unsplash

The Board of Education recently approved a $6 million increase to the first-year cost of the second round of schools built under a public-private partnership (P3) model because the private developer group, Progressive Education Partners, was “unable to meet the affordability limit set forth for the Program.” The board …