Canyons School District buying eBay headquarters to convert it into new school

Utah Berita

Canyons School District buying eBay headquarters to convert it into new school
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DRAPER, Utah — The Canyons School District will purchase the eBay headquarters in the Salt Lake Valley, and they plan to turn it into a new school. The district announced its plans on Tuesday, saying the new 36-acre campus in Draper will be a technical education high school. It will include the 215,000-acre building that currently houses the online retail company, along with 16 acres of developable land.

The property will be bought for $50 million, which, according to the district, is 'roughly half the cost of the design and construction of a new school.' The district said it will use its capital fund, revenue from selling other district-owned properties, and lease-revenue bonds to pay for it. eBay announced earlier this year that it was planning to sell its headquarters, but the company says it's committed to staying in the Salt Lake area, just in a different location.

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