This paper presents a newly implemented model of principal preparation at a public university in the southwestern United States. The authors begin by identifying a number of innovative practices currently being carried out within educational administration programs across the United States. Informed by the context of these national models, the authors present their university's design for the readers' consideration. This is followed by a discussion of implementation issues (both positive and negative) which the administrators of this program have encountered. Finally, an evaluation matrix is presented which will be utilized in assessing the effectiveness of this principal preparation model.