BYU to buy Provo High School property
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PROVO, Utah – Brigham Young University will buy the Provo High School property, the university announced Tuesday, April 26.
BYU will pay $25 million for the 25-acre property, according to a news release. If no concerns arise during geological and other studies to be carried out during the due diligence process, BYU will close the sale this summer.
The LDS-owned university said it has not made any long-term plans for use of the property. For the next 30 months, it will lease it back to the high school at no charge. During that time, a new high school will be built on Lakeshore Drive in west Provo.
“Through these many decades, Provo High School has been a good neighbor to BYU,” BYU President Kevin J. Worthen said in the news release. “We wish the students, faculty and administration well as they carry on the traditions and achievements of Provo High in its new location.”