Palo Alto Agrees to Buy 7-Acre Portion of Cubberley Community Center from School District for $65.5MM

The conditional deal, priced about $450,000 above the top of the city's 2024 appraisal range, would combine ownership of the 35-acre campus ahead of a planned $300 million to $400 million first phase of redevelopment. The City of Palo Alto and Palo Alto Unified School District have released the terms of a conditional agreement for […]