Banning Lewis Ranch Management Company Breaks Ground on K-8 Charter School

Developer, Builders and Bonds Fund $8 Million Project

Jan 12, 2006, 00:00 ET from Mosaica Education, Inc.

    FALCON, Colorado, Jan. 12 /PRNewswire/ -- Fast-growing Falcon School
 District #49 will have a newly-constructed K-8 charter school in place to
 begin its fall 2006 school year. The Banning Lewis Ranch Management Company,
 with support from the development's homebuilders and bond financing, has begun
 construction on the school, which will serve elementary and middle school
     "Education is one of our cornerstone goals, an important element in our
 overall vision for Banning Lewis Ranch," said John Cassiani, Vice President of
 Project Operations for the management company. "We want to be able to provide
 a school system that is integrated into the fabric of the community -- and
 we've taken that first step by helping to build this school."
     The charter school will sit at the heart of the Inaugural Village in
 Banning Lewis Ranch. It will be adjacent to a community recreation center
 where it will share sports fields, parks and facilities. The school itself
 will have almost 60,000 square feet of classroom and activity space.
 Enrollment will be available to Banning Lewis Ranch children as well as
 children from outside the Ranch.
     "This effort was a way for us to immediately begin to address the
 overcrowding issues in this school district," added Cassiani. "In addition,
 the company chosen to run the school has extensive national experience and a
 strong track record for high academic achievement."
     Mosaica Education, Inc.,, one of the
 nation's leading educational service providers, was selected to operate and
 manage the school. Mosaica manages 70 charter schools -- serving roughly
 13,000 students -- in eight states, the District of Columbia and the Persian
 Gulf country of Qatar. The company also provides after-school tutoring
 services to students attending traditional public schools at 140 sites around
 the country. Mosaica-managed schools have yielded superior academic results by
 using a proprietary curriculum called Paragon, state-of-the-art technology,
 and sound fiscal practices. WestEd, a nonprofit research agency designated by
 the U.S. Department of Education to provide leadership in educational
 assessment, was engaged to determine whether students in Mosaica-managed
 schools improved their academic performances, and according to WestEd, last
 year, the average Mosaica student exceeded his or her expected academic growth
 by more than 17 percent.
     "These are impressive statistics and with their longevity in this field,
 we felt very comfortable with the selection of Mosaica Education," added
     Along with school construction, Banning Lewis Ranch Management Company
 currently is working on neighborhood transportation improvements. The company
 calls this its "Roads First" program, and this is some of the work that you
 see being performed onsite now. The Inaugural Village sits at the northwest
 corner of the Ranch, near Woodmen and Marksheffel roads.
     For more information on the charter school program or to enroll online
 please visit  To join the Banning Lewis Ranch
 interest list and stay informed about the latest developments at the Ranch,
 visit us at

SOURCE Mosaica Education, Inc.