Atlantic City Schools Will Exchange Big Rent Payments For Ownership
This is a very good move made by La'Quetta Small, Atlantic City Superintendent of Public Schools.
For many years, the Atlantic City Board of Education has paid hefty monthly rent at the 1300 Atlantic Avenue, CitiCenter Building for their central administration offices -- 5th floor for administrative offices and the 6th floor Board of Education meeting room.
October 31, 2022 -- "Big" Rental Costs Will Be Replaced With "Small" Idea
Back on October 31, 2022, former Atlantic City Board of Education Member John Devlin confirmed that a five-year agreement was signed at $ 700,000 per-year in rental costs. That's more than $ 58,000 per-month.
Atlantic City Groundbreaking Took Place On October 28, 2026
It's always a better idea to pay your own mortgage versus paying monthly rent to help pay someone else's mortgage.
The Atlantic City Public School's 2026-2027 District budget identifies $ 21.5 million for the new administration building construction.
Yesterday marked an important milestone with a formal groundbreaking for the new administrative headquarters for the Atlantic City Public Schools.
The new building is a long-term investment to support public education in Atlantic City.
The Former New Jersey Avenue School
This is the site for the new central administration building, located at New Jersey and Arctic Avenues.
A completion date has not yet been announced. For a project of this size, an estimated timeline could be in the 18 to 24 months range, which (completion) would be the spring -- fall, 2028.
Groundbreaking Ceremony Photo Gallery
