West Ada sold his art school building to a Texas charter company
The Idaho Fine Arts Academy will soon have a new home.
On Thursday morning, West Ada trustees approved the sale of the performing arts school building (located at 3467 W Flint Drive in Eagle) to Performance Charter School Development LLC. The purchase was for $4.8 million. Closing date is August 16.
According to district spokeswoman Char Jackson, the money received from the sale will be used to complete the first phase of the new Idaho Fine Arts Academy building, which is under construction directly west of the school district office. The new facility will be approximately 10 miles from the current school and is expected to open in January. Students at the Idaho Academy of Fine Arts will remain at their current facility until the new building is completed.
The council meeting was held at Meridian City Hall and came ahead of a scheduled council summit. Trustee Rusty Coffelt moved approval of the sale. The vote was unanimous.
School customers were told of the impending sale in June but have known about the planned new facility for some time, principal Christian Housel said. The Idaho Fine Arts Academy has just under 200 students.
Although based in Texas, Performance Charter School Development has an office in Boise, as well as one in Arizona. Meridian-based Doral Academy of Idaho is listed on its portfolio page.
Jackson said West Ada did two appraisals of the building but received no offers on it. Last year, West Ada brought in a commercial real estate company to help with the selling process. The Performance Charter School Development offer was made in March.
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