The City is purchasing the land from the Sisters of St. Joseph of Chambery. Details on the cost of the site have not yet been released. According to the Mayor, the property was assessed at $10.27 million in 2012, which represents 70% of the estimated market value. Once finalized, the purchase and sale agreement will be presented before the Planning Board, Board of Finance and Board of Representatives for consideration and approval. According to the Mayor, the purchase of the property will be funded through municipal bonds.
Stamford may be one step closer to a new school. On Thursday, Mayor David Martin announced the City will move forward in the purchase of a 10.8 acre parcel of land, that could potentially be the site for a magnet school. The property, located at 200 Strawberry Hill Avenue, is the former site of Sacred Heart Academy and is currently home to the Stamford Campus for The Stanwich School along with several historic buildings. The Mayor and city officials say it’s a viable solution to the overcrowding problem in Stamford’s elementary schools. But the mayor says all other possible uses for the site must be considered as well.
Once finalized, the purchase must be approved by City boards and the Board of Education must submit a proposal for the site’s use as a school. In the meantime, Superintendent Dr. Winifred Hamilton’s temporary plan to alleviate some of the overcrowding in the elementary schools will be implemented during the next school year. This included moving 5th graders into two of the city’s middle schools through a choice lottery process. The mayor says more details will be available once the land purchase is finalized, which he expects to be completed within the next week.