LAFAYETTE, Ind. (WLFI) — The Lafayette School Corporation is spending nearly $10 million in an effort to help students achieve success after graduating high school.
LSC Superintendent Les Huddle said the Lafayette School Board formally announced Wednesday morning it had purchased the former Lafayette Life Insurance building on Teal Road, across the street from Jeff High School, for nearly $2 million.
He said the vision of the project is to turn the building into the Greater Lafayette Career Academy for area students. Huddle said this is extremely important not only for the corporation but for the entire county.
“Part of that vision is to enter into formal discussions with our neighbors at the Tippecanoe School Corporation and the West Lafayette Community School Corporation to see if they want to partner in this Career Academy for new enhancement opportunities for kids,” Huddle explained.
He said the purchase was well worth the price, as it includes the building and the 10 acres it sits on. Huddle said even though it will cost approximately $8 million to renovate the building, he said they will still come out ahead of the game.
“As we looked and talked to our architects about putting something like this on the Jeff campus — when you add in the cost to rehab this building … add in the cost of the purchase price, we’re still going to save about $2 million in the long run,” Huddle said. “So, we think it’s a great opportunity.”
The Greater Lafayette Career Academy is expected to open in 2020.