Expecting 50 additional full-time jobs at a $50,000 average wage, Idaho awards Athlos Academies a Tax Reimbursement Incentive (TRI)
Idaho Department of Commerce, City of Boise & Boise Valley Economic Partnership Press Release
BOISE, Idaho – Athlos Academies, an Idaho-based education service provider, has announced that it will be opening a new national training facility and corporate headquarters office in Boise, Idaho.
Athlos purchased the former Macy’s building in downtown Boise. The building will see a full remodel in the coming months, and celebrated a recent groundbreaking ceremony on November 5, 2015.
Athlos worked closely with the Idaho Department of Commerce, the City of Boise, Capital City Development Corporation and the Boise Valley Economic Partnership on its decision to expand its presence in Boise. Athlos will receive a Tax Reimbursement Incentive (TRI) award of 17% for eight years. The company will be creating 50 new jobs in Idaho with an average wage of $50,000, for a total of 70 employees.
“Athlos Academies brings a new perspective to choice in education, and we are thrilled to welcome high-paying jobs and a corporate facility that will be a model for Athlos charter schools across the country,” said Idaho Governor C.L. “Butch” Otter.
Currently, Athlos has charter schools in Arizona, Texas and Minnesota and is working to expand its presence in other states around the country. Athlos Academies has a innovative approach to its schools, designing each from the ground up with its ‘Prepared Mind, Healthy Body, and Performance Character’ educational program in mind.
“This tax incentive will allow us to accommodate our rapidly growing workforce and bring educators to Idaho for our trainings and conferences,” said Ryan Van Alfen, one of Athlos’ co-founders. “When the building renovation is complete, we look forward to inviting education stakeholders in—whether charter, traditional, virtual, or private schools— and building a community that is focused on doing what is best for students.”
“The addition of Athlos Academies’ headquarters to our downtown is another great example of extraordinary investment going into downtown Boise,” said Mayor David H. Bieter. “Their employees and training center will create new energy for the other businesses in the area, and bring new life to the former Macy’s building, which is an important part of our downtown’s past and, with Athlos’ investment, its future.”
About Athlos Academies
Athlos Academies is a social venture started in 2006 to provide sustainable solutions to many of the struggles charter schools face today. The organization offers a range of services to charter schools, including charter application development, facility construction, leasing, bond market assistance, operational support, research-based curriculum, staff and student recruitment, and teacher training. It currently partners with schools in Arizona, Texas, and Minnesota, with more schools looking to join the partnership nationally in the next few years.
For more information on Athlos Academies and their innovative charter school model, visit http://athlosacademies.org/.