Schools
APS Completes Purchase of Site for New Buckhead High School
$55.3 million paid for property with total cost to be $100 million
APS has completed the purchase of a site on Northside Parkway where a new Buckhead high school will be built.
Along with the APS' cost of $55.3 million for the 56.6 acre parcel at 4111 Northside Parkway, current occupant IBM will pay $23.6 million to the former property owner, Jamestown Properties, to satisfy the remainder of its lease agreement, according to an APS news release.
The new school will replace , whose building will be used to alleviate overcrowding at l. The new high school is scheduled to open in August 2013.
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Plans are to retain many of the existing structures on the property, including a parking deck and lots and buildings. The total estimated cost of the project is approximately $100 million, including the cost of the land. The sale was finalized on Monday.
APS will either open a second middle school for Buckhead at the present North Atlanta site on Northside Drive, or establish a sixth grade academy there or at Sutton, with seventh and eighth graders attending a separate school.
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