It looks like the area around Joyner Elementary School in Raleigh could get a wave of new housing.
The Triangle Business Journal is reporting today that the Wake County school system is negotiating to sell its former administrative building and bus lot on Noble road, across from Joyner, to M/I Homes.
TBJ reports that site plans filed with the Raleigh Planning Department show that M/I Homes wants to build 83 townhouse on the 10-acre property. The new housing should raise Joyner's base population as it tries to find enough seats for magnet applicants.
Wake is hoping to make a $2.2 million profit on the sale to help pay off the e lease costs for its new headquarters in Cary. The big property that Wake still hasn't sold yet is its former headquarters on Wake Forest Road in Raleigh.