Merchants Benefits and SponsorshipThe High School component of the Lifelong Learning Center will not only provide significant benefits to the community, but will substantially enhance business opportunities for our local retail and real estate businesses. Retail business going out of our islandWe estimate over US $11,700,000 of disposable income leave the island each year just to pay for tuition at private schools.
Over time, we would expect not less than 30% of those children attending private school to remain in the island. These children would attend either private or public elementary and middle schools in Key Biscayne, as they would have a high quality high school to attend at later years. Real Estate businesses will significantly benefit as the school will increase demand for Key Biscayne properties the moment the project is approved, and will revitalize the dormant real estate market. The school will also provide an opportunity for internship programs as well as a part time labor force with more time as they do not have to commute out of the island. Implementing the school in the form of a Municipal Charter School will also allow our community to get back some of the tax money we already pay to Miami-Dade County. We estimate $2.8M to $3.0M will be coming back to our community and will cover school's operating expenses. You can significantly contribute to the establishment of a real community and the development of a more sustainable business environment by supporting and sponsoring proposed Charter High School and Lifelong Learning Center. |