City of Branson agrees to sell old high school property to affordable housing developer
The city of Branson announced the Board of Aldermen voted Tuesday to sell the old high school property to a contractor who intends to build multi-family attainable housing.
According to a news release, the city of Branson will sell the 2.56 acres at 300 S. 6th St. to Lifestyle Contractors LLC for a total of $50,000.00. Lifestyle Contractors LLC intends to use the property to construct and manage its 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 in a news release. “The last estimate we received to remove it was $250,000.00. 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."
A lack of affordable housing has long been a hot button issue in Branson.
Ralph Green is a business reporter with the Springfield News-Leader. Contact him at RAGreen@gannett.com, by phone: (417-536-4061) or on Twitter at RalphGreenNL
This article originally appeared on Springfield News-Leader: Plans made to turn old Branson high school into affordable housing
