Board votes to authorize sale of former Malcolm X site
The Milwaukee Board of School Directors voted Monday night to take the first step in the sale of the Malcolm X complex.
MILWAUKEE (October 14, 2013) — The Milwaukee Board of School Directors voted Monday night to take the first step in the sale of the Malcolm X complex. It authorized the administration to request the City of Milwaukee sell the building to 2760 Holdings, LLC. MPS buildings are owned by the City of Milwaukee, so the sale must be approved by the Milwaukee Common Council.
The building is being sold to 2760 Holdings, LLC for the purchase price of $2.1 million. 2760 Holdings would develop the space. There is an option for Milwaukee Public Schools to lease back any space used for MPS educational purposes. The sale marks the completion of a multi-year process that will result in a multi-purpose facility that includes an MPS school.
In August 2012, the Board of School Directors authorized the administration to explore the option of community centers for several unused Milwaukee Public Schools buildings. The University of Wisconsin-Milwaukee School of Architecture and Urban Planning sponsored a design event this summer for the Dr. Martin Luther King, Jr. Drive Economic Development Corp. where use for of the former Malcolm X building as a community center was affirmed.
This news is available online at http://www5.milwaukee.k12.wi.us/dept/superintendent/2013/10/board-votes-to-authorize-sale-of-former-malcolm-x-site/.
About Milwaukee Public Schools
Milwaukee Public Schools, Wisconsin’s largest school district, is expanding college and career readiness efforts and continuing to implement innovative reforms that give every student the opportunity to succeed. MPS’ high-quality school options for 3-year-olds to high school seniors feature school climates in which positive behavior is reinforced; certified, highly-trained teachers; 21st-century learning technology for students; and curriculum aligned to the rigorous Common Core State Standards, which set a clear, high bar for the topics students must master at each grade level. MPS’ graduation rate is 14 points higher than the rate for the Class of 2000, its Class of 2013 earned $24 million in scholarships and the district is home to some of the state’s best high schools according to the Washington Post and U.S. News and World Report. More MPS news is available at http://mpsmke.com/news.
Mentioned in This Press Release
Recent Press Releases by Milwaukee Public Schools
All Athletics Activities Will Follow MPS’s Return-to-Play Game Plan
Students will have an option of returning to school buildings in April
The annual event will celebrate and support families whose children have special education needs