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CPS recommends bids for closed school sites; developers propose mixed-use and affordable housing
Summary
District real-estate staff recommended accepting bids for the former Louis Armstrong and Paderewski school properties; developers propose adaptive reuse and mixed-income housing with deed restrictions and community meetings having informed the process.
The district’s real estate director presented recommendations on Jan. 14 to accept bids for two long-vacant school sites and described community engagement and deed restrictions attached to any sale.
Steven Stultz said he recommends the board accept a $100,000 bid from Breakaway Community Development for the former Louis Armstrong Elementary School (two-building site) and accept a $55,500 bid…
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