Port Authority Approves Plan to Convert Former School Building to Apartments
What happened
The Port Authority Board voted to move forward with a plan allowing a Winona developer to convert the former Jefferson school building into a 14-unit apartment complex. The board directed city staff to draw up terms for the developer, who submitted a proposal to purchase the building for $50,000. The proposal includes preserving the existing playground and green space at the site.
From republicaneagle.com
Why it matters
The transaction involves the conversion of a former public school property into residential units. The Red Wing School Board previously approved a purchase agreement with the Port Authority for the building, which the district viewed as a way to eliminate carrying costs for an unused property.
The Red Wing School Board governs local public education policy.
From republicaneagle.com
Who's involved
- Paul Reding