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Board approves lease with Polaris Academy for space at Smith Junior High
Summary
The Mesa board voted unanimously to lease about 24,000 sq ft at Smith Junior High to Polaris Academy LLC, a private provider serving autistic and neurodivergent students; the initial term is nearly 10 years and is projected to generate roughly $2.9 million in revenue over the term while funding on-site renovations.
The governing board on Nov. 14 approved a lease agreement between Mesa Unified School District and Polaris Academy LLC to occupy a portion of the Smith Junior High campus.
Mike Moore summarized the proposal: Polaris would lease about 24,000 square feet that include portions of classroom wings and outdoor field access. "The base rent would generate approximately $2,300,000 for the district and then an estimated $630,000 in offset utility services," Moore said, projecting roughly $2.9 million in revenue over the…
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