Editor’s note: The following appeared on www.bizjournals.com on April 27, 2018.
By Holden Wilen
The Archdiocese of Baltimore has quietly been seeking millions in donations for the city’s first new Catholic school in 57 years, following a wave of closures over the last decade.
The co-ed school is planned near the University of Maryland BioPark at the site of the former Lexington Terrace Elementary School on downtown’s west side and aims to fill a void in an area without a Catholic school.
The Archdiocese began fundraising about eight months ago and has raised $13 million toward the $18.6 million project.
Archbishop William E. Lori detailed the plans Thursday evening in front of a high-powered audience of business leaders at the Center Club during a discussion about Catholic education with Bank of America CEO Brian Moynihan that also served as fundraising event.
Jim Sellinger, a former IBM Corp. executive who joined the Archdiocese four years ago as chancellor of education for the school system, has been leading the fundraising effort. He said the idea for a new school was spurred by a master plan completed by consulting firm Ayers Saint Gross.
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Source: Baltimore Business Journal