The Springfield School Board agreed to sell the former site of Hickory Hills School. The school district says national home improvement retailer Menards will pay $4 million for the 15.2-acre site on the northeast corner of Chestnut Expressway at U.S. 65.
The school board approved the final contract in executive session on Aug. 12. The contract was executed Aug. 19 upon signature of Menards' executives. Closing on the sale could occur as early as February 2015.
A Menard's spokesperson told KY3 News that the company has not yet released a timeline for construction on the new store.
Appraised in 2014 at a value of $4 million, the property was the site of Hickory Hills School until January 2010 when students moved into a newly constructed building at 4650 E. Highway YY.
This is Menards' second attempt to locate at the site. The previous attempt was going to be at a development planned by Larino Properties of Nixa. The company had also planned to build a store in the community of Battlefield, near FF and Republic Road in a separate Larino development.
Here are links to reports about the previous planned developments , and the collapse of Larino's planned purchase of the sites.
Menards, based in Eau Claire, Wisc., has a stores in Osage Beach, Sedalia, Columbia, Jefferson City, and St. Joseph. It is also currently building a store in Hollister, which will be the company's farthest-south location in the U.S. It has about 280 stores in 14 states. The retailer sells a unique selection of goods, ranging from lumber and hardware, to groceries, to sporting goods.