Rumor Around the Sloop: British School Eyeing Southeast Corner of Michigan and Roosevelt?

A juicy rumor for a high profile piece of land:

Overheard a conversation today that would indicate that the British School may be looking at the empty lot that borders Michigan, Roosevelt and Indiana as a location for their High School. (Even as the construction is underway North of the Roosevelt Collection for PreK to 8th Grade. I know you've shown the design plans for a huge tower, but this might bear some further investigation...

"The Chicago" Renderings at Michigan and Roosevelt

The design plan the reader is referencing is "The Chicago" high-rise that continues to pop up around the web.  We posted about this back in late June.

It is an interesting idea, but seems like a pretty pricey piece of real estate for a school to buy.  Definitely seems more ripe for high end condos or maybe that's just the capitalist in me talking.  Then again, what the hell do we know.  Has anyone heard any similar rumors?

Since we're talking about the British School, Curbed Chicago recently checked in on the progress of their construction at Roosevelt Collection:

Only two months ago, the British School of Chicagoand developer McCaffery Interests celebrated the groundbreaking of the new South Loop campus of the school, and today the school already has three of its walls and most of its steel skeleton. Construction has been progressing at a steady pace to be open on-schedule for the fall 2015 semester.

The British School of Chicago - Looking east (Picture from Curbed Chicago)

(Hat tip:  JG!)