By Neil Doyle
BLOOMINGTON – The District 87 School Board on Wednesday approved a $4.5 million purchase of the State Farm Oakland Avenue building on the city’s east side.
The building, located at 2309 East Oakland Avenue, will provide the district with almost 250,000 square feet to help expand Pre-K and early childhood education services. It will also provide more space for the Bloomington Area Career Center.
Under the contract, State Farm can lease back part of the building for some of its training programs. District 87 officials said this secures a mutually beneficial partnership for a minimum of three years and will offset the financial burden of the acquisition.
Money to purchase the building will come from current district reserve funds.
Neil Doyle can be reached at [email protected]