MILWAUKEE (May 30, 2013) – The Milwaukee Area Technical College District Board approved a lease agreement that will result in an additional 45,000 square feet of classroom and lab space for the college’s School of Health Sciences programs at its May 28 meeting. The agreement is subject to approval by the Wisconsin Technical College System Board.
The space is located at 1311 N. 6th St., Milwaukee, and is owned by McKinley Avenue, LLC, which previously rented the space to Corinthian Colleges. The property is three blocks north of MATC’s Downtown Milwaukee Campus.
“This agreement allows us to expand our exceptional academic programs in the School of Health Sciences,” said MATC President Dr. Michael L. Burke. “In seven of the last eight quarters, 100% of our registered nursing graduates have successfully passed the National Council Licensure Examination for Registered Nurses. Over the last eight quarters, the licensing exams pass rates for our registered nursing and practical nursing graduates are considerably higher than the national averages. The health industry is the largest employer in Milwaukee County and the need for new healthcare professionals will continue to grow. This additional space will allow us to meet increasing student and employer demand.”
MATC will conduct limited classes in the new space beginning in January 2014. A full opening is projected for August 2014 and courses in several programs will be offered, including dental assistant, dietary manager, health information technology, medical assistant, medical interpreter and nursing.
MATC’s School of Health Sciences offers 28 associate degree, technical diploma and certificate programs on the Downtown Milwaukee, Mequon, Oak Creek and West Allis campuses.
The space also will accommodate student services such as a learning resource center, career counseling center and transfer advising center.
The nine-year lease commences August 1, 2013, and expires July 31, 2022, with base and additional rents totaling $6.6 million over the term of the lease and rent abatement for the first six months of the agreement. MATC also will purchase furniture, fixtures and equipment in the building for $500,000. General operating funds will be used to pay for the lease; capital funds will be used to purchase the furniture, fixture and equipment. The additional space is a 30.5% increase over existing classroom and lab space for the college’s health programs.
“This lease gives the college the opportunity to increase its contracted training opportunities to ensure incumbent healthcare professionals receive continuing education and training as their respective career fields evolve,” said Dr. Burke. “Very few modifications need to be made to the existing space and we can immediately begin to address the anticipated shortage of healthcare professionals that is expected to grow over the next 5-10 years.”
For more information about MATC's School of Health Sciences, visit this link
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