Saturday, November 26, 2022

City of Branson, Mo. approves plan to sell old high school property for housing

20
SHARES
152
VIEWS


BRANSON, Mo. (KY3) – The city of Branson approved a plan to sell its old high school property to a contractor for attainable housing. 

The old high school sits on about two-and-a-half acres at 300 South 6th Street.

The city sold to Lifestyle Contractors LLC for a total of $50,000. Lifestyle Contractors LLC intends to use the property to construct, maintain, operate, and manage the housing project, which could include up to 65 units.

“While $50,000.00 may seem like a low number, that property is loaded with asbestos,” said Mayor Larry Milton. “The last estimate we received to remove it was $250,000. It is currently an eyesore and a safety hazard. We have tried many times to try to find a developer for this piece of property. This Board and I feel like this is the best decision for our city. This will get rid of blight and bring in some much-needed family housing,” Mayor Milton said.

Unlike affordable housing, which receives subsidies to lower the cost, attainable housing is priced for those with the median income for the area.

To report a correction or typo, please email digitalnews@ky3.com

Copyright 2022 KY3. All rights reserved.



Source link

Next Post

RECOMMENDED