CLEVELAND, Ohio (WOIO) - Cleveland City Council authorized the City to acquire the Martin Luther King, Jr. High School.

The property that is located at 1651 East 71st Street in the Hough neighborhood will go through future redevelopment and then be sold to Structures Unlimited, LLC.

Three proposals were received for the site. Structures Unlimited, LLC. offered the full-appraised price of $880,000 to CMSD. Structures Unlimited is planning to renovate the property for a mixed-use development with affordable and market-rate housing, apartments, and townhomes, as well as a charter school. Structures Unlimited, LLC is a real estate development firm from Greenbelt Maryland.