RE: Development Agreement with IPS Enterprises, Inc. for IDEA Charter SchoolDevelopment Agreement • November 14th, 2024 • Florida
Contract Type FiledNovember 14th, 2024 JurisdictionAttached for your consideration is a Development Agreement between the City of Lakeland and IPS Enterprises, Inc. IPS Enterprises operates the IDEA K-8 charter school at 1775 Interstate Drive within Interstate Business Park. The school opened in 2024 with a Phase I enrollment capacity of 425 students. As part of the Phase I site plan approval and to accommodate a future Phase II buildout enrollment of 1,645 students by Year 2026, a Development Agreement is necessary to formalize the parties’ transportation concurrency and operational mitigation requirements.