Board of Education Moves to Acquire Land at 16th and Dearborn for New South Loop Elementary School

A new South Loop Elementary School may be coming to this land

The big buzz this week in the Sloop was about a potential new elementary school coming to the neighborhood.  It still seemed in the preliminary stages, but apparently it's real thing and just took a big step forward (via DNAinfo):

South Loop Elementary School is getting a new building. 

The Chicago Board of Education moved Wednesday to buy and replace a vacant post office facility at 16th and Dearborn streets with a new building for South Loop Elementary School, one of the city's most overcrowded schools in one of its fastest-growing neighborhoods.

Seems like a great move and location.

First - this seems like it naturally will accelerate development further south in the neighborhood.

Second - it will likely be a new build out which in our mind means a new and nice (and dare we say state-of--the-art) school.

Obviously some questions exist.  How big will the school be?  What will be the boundaries?  What about a high school?  What will happen to the old South Loop elementary school?

We assume these questions have been discussed, so hopefully we will hear plans soon.

(Hat tip:  MK!)