$20M to help fund new Great Hearts charter school

The new Great Hearts Maryvale school will be built using as much as $20 million in tax-free bonds recently approved by Maricopa County’s Industrial Development Authority and donor contributions. Great Hearts also hopes to take advantage of a financing program created by Gov. Doug Ducey that helps expand high-performing schools with wait lists. /Photo: Great Hearts Academies

By Rebekah L. Sanders | The Republic

Disclosure: Rose Law Group represents Great Hearts Academies

Great Hearts Academies, a charter-school network with roughly two dozen sites in Arizona and Texas, plans to open a new campus in Maryvale in 2018.

The school, which will be located near 47th Avenue and Camelback Road, will grow to serve children in grades 3-12 who graduate from Maryvale Preparatory Academy, a partner school with more than 500 children in lower grades and a wait list of roughly 400 students.

The new school will be built using as much as $20 million in tax-free bonds recently approved by Maricopa County’s Industrial Development Authority and donor contributions. Great Hearts also hopes to take advantage of a financing program created by Gov. Doug Ducey that helps expand high-performing schools with wait lists.

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May 30, 2017

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