Milwaukee College Prep, a charter school, announced Tuesday that it plans to purchase the Lloyd Street School and 38th Street School from the Milwaukee Public School (MPS) District.
Milwaukee College Prep will relocate its existing Lindsay Heights Campus to the Lloyd Street School and will launch a new charter school at the 38th Street School.
The school will undertake a $9 million capital campaign which will be co-chaired by Mary Kellner; educator and reform leader; Ted Kellner, Executive Chairman of Fiduciary Management; Vivian Sullivan, community volunteer; Tim Sullivan, retired CEO of Bucyrus International; and Ed Zore, retired CEO and Chairman of Northwestern Mutual.
“This is part of a larger strategic plan to reach more of our most vulnerable children with an uncompromising education,” said Robert Rauh, principal. “One year ago, Milwaukee College Prep had roughly 500 scholars. With the addition of our Lindsay Heights Campus, enrollment grew to 940. As we move forward with our Expansion Plan and the addition of a third campus, we will have the capacity to educate 1,500 children – a three-fold increase in three years.”
Milwaukee College Prep’s Metcalfe Park Campus will continue at its 36th Street location and will be renamed Milwaukee College Prep: 36th Street Campus. The school’s leased Lindsay Heights facility will move to a permanent home with the purchase of the Lloyd Street School. This facility will be renamed Milwaukee College Prep: Lloyd Street Campus. A new Milwaukee College Prep campus will open for the 2011-12 school year in the former MPS 38th Street School. This facility has the capacity to serve an additional 500 scholars and will be called Milwaukee College Prep: 38th Street Campus.
“We are fortunate to have strong leadership already in place at each of our three campuses,” said Rauh.
