Zoning Committee okays deal for former Malcolm X building



MILWAUKEE (WITI) -- A vacant building that once served as an MPS school is one step closer to being sold.

Milwaukee's Zoning Committee approved Milwaukee Public Schools' plan to sell the former Malcolm X Academy to a local development team.

The project now moves forward to the full Common Council on November 26, 2013.

A comprehensive redevelopment of Milwaukee Public Schools’ former Malcolm X Academy site would be the home of a rigorous, college preparatory International Baccalaureate Middle Years school along with improved performance and athletic space for community use and a mixed-use development under plans detailed by MPS, the Milwaukee Department of City Development and developers 2760 Holdings, LLC.

2760 Holdings would redevelop the site as a multi-use project as envisioned by multiple community discussions, a community planning session hosted by the University of Wisconsin-Milwaukee and meetings held by the Milwaukee Board of School Directors. A public-private partnership allows for the uses desired by the community including housing.

Under the plan as detailed in an expanded term sheet: