Fox21Online
July 13, 2021
DULUTH, Minn. The Duluth School Board approved the sale of Central High School to Saturday Central Heights, LLC on Tuesday for $7.4 million.
During a special meeting, the board unanimously signed off of selling 52 or more acres to the developer.
The school district has been trying to sell the property for the past 11 years after the school closed.
The city of Duluth will help with finalizing the sale and property redevelopment.
ISD 709 will keep the backside of the property.
“I am very pleased that the district is moving forward in partnership with Saturday Central Heights regarding this property agreement,” John Magas, the ISD 709 superintendent, said in a press release. “It will be helpful in providing additional resources to the students and families of the district, and will be a wonderful development opportunity for the City of Duluth.
Unbelievable views : Duluth Central High to be sold for $7.4M Saturday Properties plans a mix of housing units on the 55-acre property. July 14, 2021 3:05pm Text size Copy shortlink:
DULUTH – The former Duluth Central High School, which last graduated a class in 2011, is finally set to be sold for $7.4 million, about half its original asking price from a decade ago.
St. Louis Park s Saturday Properties, operating as Saturday Central Heights, entered into a purchasing agreement Tuesday for the front 55 acres of 800 E. Central Entrance. It s the same developer that in October agreed to purchase Historic Old Central High School, the 129-year-old former high school that has been school district offices and alternative education classrooms in recent years, for $3 million.
Central High School Purchase Agreement my957.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from my957.com Daily Mail and Mail on Sunday newspapers.