Original plans called for $75 million to renovate the shuttered eight-story hospital facility, but cost estimates for the renovation have risen to $92 million, and city and school officials decided it would be more cost effective to build a new facility, reports WPRI-TV.
Construction of the school is projected to cost $85 million school; it will serve 900 students in grades pre-k through eight.
Work on the school is set to be finished by fall 2025.