Wake school board votes to buy land for new elementary school in Holly Springs

khui@newsobserver.comFebruary 19, 2014 

The Wake County school board voted Tuesday to buy land in Holly Springs for a new elementary school.

The board voted to pay nearly $1.3 million for about 23 acres on the north side of Holly Springs New Hill Road east of the intersection with Green Oaks Parkway. The school is scheduled to open in 2016.

The district is pursuing this site instead of trying to acquire land on the South Wake Landfill in Holly Springs, according to Joe Desormeaux, the school district’s assistant superintendent for facilities.

The school board also approved a deal that saves more than $330,000 for an elementary school site in southwest Cary.

The board amended the deal it had approved in November to pay nearly $2.8 million for 22 .acres located south of Morrisville Parkway and west of White Oak Church Road. The district will now pay $110,000 per acre – down from the original price of $125,000 per acre.

Betty Parker, the district’s director of real estate services, said the land owner agreed to lower the price by $15,000 per acre for concessions such as a quicker closing on the site. The southwest Cary school is slated to open in 2016.

Both deals need approval by the Wake County Board of Commissioners.

Hui: 919-829-4534

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