Knight Errant

BSM purchases its land

Located+at+2501+Highway+100+South+for+its+entire+existence%2C+BSM+has+solidified+its+place+in+St.+Louis+Park+by+purchasing+its+land.
Back to Article
Back to Article

BSM purchases its land

Located at 2501 Highway 100 South for its entire existence, BSM has solidified its place in St. Louis Park by purchasing its land.

Located at 2501 Highway 100 South for its entire existence, BSM has solidified its place in St. Louis Park by purchasing its land.

Alice Petty

Located at 2501 Highway 100 South for its entire existence, BSM has solidified its place in St. Louis Park by purchasing its land.

Alice Petty

Alice Petty

Located at 2501 Highway 100 South for its entire existence, BSM has solidified its place in St. Louis Park by purchasing its land.

Mia Rheineck, Varsity Writer

Hang on for a minute...we're trying to find some more stories you might like.


Email This Story






In September of 2018, Benilde St. Margaret’s bought the land that the school sits on, as well as the surrounding fields from the St. Paul-Minneapolis Archdiocese. This purchase had been in consideration for ten years, but BSM decided to buy the land this year after the archdiocese filed bankruptcy.   

The archdiocese filed bankruptcy three years ago in 2015 because of numerous sexual abuse claims brought against the archdiocese. BSM has decided to buy the land now, they had been thinking about it for almost a decade. They had been saving to purchase the land, and because of the bankruptcy being filed, this seemed like the right time to buy.

The school had to agree with the archdiocese on a price, and they also had agree to the other legal parts of the purchase. Because this sale was part of the bankruptcy hearing, this required the Minnesota State Court to be a part of the process, which made the process complicated and lengthy.

From BSM, the Board of Directors were the ones who decided to buy the land, this happened by adopting a resolution last April. This purchase allows for BSM to own everything after paying $1.5 million dollars. Whereas, if the school were still owned by the archdiocese, BSM would be considered as “renters.” This new purchase also allows for BSM to be free to choose what happens to the school and its land in the future.

 

Print Friendly, PDF & Email
Leave a Comment

The Knight Errant intends for this area to be used to foster healthy, thought-provoking discussion. Comments are expected to adhere to our standards and to be respectful and constructive. As such, we do not permit the use of profanity, foul language, personal attacks, or the use of language that might be interpreted as libelous. Comments are reviewed and must be approved by a moderator to ensure that they meet these standards. The Knight Errant does not allow anonymous comments, and the Knight Errant requires first and last names and a valid email address in order for comments to be published. The email address will not be displayed but will be used to confirm your comments.

If you want a picture to show with your comment, go get a gravatar.




Navigate Left
  • BSM purchases its land

    NEWS

    Ronan Brew wins Academic All-American Award

  • BSM purchases its land

    MULTIMEDIA

    Journalists attend Final Four festivities

  • BSM purchases its land

    MULTIMEDIA

    Dog Fest returns with fur and fluff and awards

  • BSM purchases its land

    NEWS

    Mrs. Kern hosts student teacher

  • BSM purchases its land

    NEWS

    BSM hires new maintenance supervisor

  • BSM purchases its land

    NEWS

    Teachers learn about phishing scams

  • BSM purchases its land

    NEWS

    BSM welcomes new Chief Advancement Officer

  • BSM purchases its land

    NEWS

    Junior High Principal Claire Shea leaves BSM for Kuwait

  • BSM purchases its land

    NEWS

    AP Euro studies history in character

  • BSM purchases its land

    NEWS

    BSM students participate in the Twin Cities Regional Science Fair

Navigate Right
The student news site of Benilde-St. Margaret's School in St. Louis Park, MN
BSM purchases its land