Board approves Greenpointe concurrency deal: 24 acres donated for possible school site with developer buyback option

The Leon County School Board unanimously approved a concurrency agreement with developer Greenpointe that will give the district 24 acres designated as a school site and a negotiated credit tied to impervious-area infrastructure.

Danny Albritton, who negotiated the agreement under superintendent direction, told the board the deal includes roughly 33% of impervious area (about eight acres) and that Greenpointe and the district had negotiated a concurrency payment in the neighborhood of $5.9–$6.0 million. Albritton said Greenpointe asked for an option: if the site is placed on the educational plant survey by a specified date and other conditions are met, Greenpointe may approach the board to request the property be sold back at the concurrency rate; the board is not obligated to sell.

Developer counsel Gary Hunter explained the practical mechanism: Greenpointe would retain ownership until the district decides to build; if the district does not proceed by the negotiated window, the developer would have an option to pay the concurrency fee and take ownership. Board members pressed staff on timelines, whether a K–8 could be accommodated, infrastructure responsibilities (which Albritton said the developer will install) and the timing of a plant survey and DOE approval before construction funding would be sought.

The board approved the agreement and acknowledged the need for continued review of build timelines and population projections before the district places the site on the plant survey.

Details recorded in the item: 24 acres to be conveyed to the district; developer to construct surrounding infrastructure and receive credit for that work; option language allows Greenpointe to seek repurchase within the negotiated dates; construction timing and funding were not finalized in the agreement and will depend on future plant-survey decisions and funding mechanisms.