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District 15 Property

Monday, November 26, 2012

District 15 Considers Future of 40 Plus Acres

The property on the south side of Palatine High School and in Inverness was purchased in 1999 for $3.2 million. Among the options being considered are using it for educational purposes or selling it.

In 1999, District 15 purchased more than 40 acres of land for a price tag of $3.2 million from District 211. Now, the school board will begin to consider options on what to do with the property. The two separate parcels were part of a package deal. They include strips of land on the south side of Palatine High School near Virginia Lake Elementary School, and 40 acres technically located in Inverness, off of Ela Road, south of Freeman and north of the Bonny Glen Subdivision. “At the time, the housing market was booming, and we thought we may need to build another junior high school on the west side of the district to plan for the future,” said Scott Thompson, superintendent of schools. Thompson said since the housing market has taken a nose…

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Melanie Santostefano

11:08 am on Monday, November 26, 2012

Thank you Jeffrey, my mistake. It is Virginia Lake, and that has been corrected!   more ›

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