Milton's Select Board voted Tuesday, Sept. 22, to buy the former Labouré College of Healthcare campus at 303 Adams St. for $11.75 million.

The deal is not final.

Residents will get two chances to weigh in: a Town Meeting vote requiring two-thirds approval to appropriate the funds, and a Dec. 15 debt-exclusion ballot question requiring a simple majority.

The 4.7-acre property includes roughly 54,000 square feet of existing buildings. Labouré, which the Milton Times reported had trained nurses for 135 years, ceased operations in August after transferring its programs to Curry College.

The town hired appraiser LandVest, which valued the site at $10.9 million. Labouré's own September 2025 appraisal pegged it at $11.75 million. According to the town's information page, Labouré's commercial broker was actively marketing the site and preparing to request best-and-final offers from developers at prices above the town's offer.

The town plans to finance the purchase through 20-year debt at an estimated 5% interest rate. First-year debt service would run about $1.157 million, translating to roughly a 1% increase in Milton's tax levy. For the average single-family homeowner, that means an estimated $130 annual increase, pushing the typical tax bill from $12,768 to $12,898.

No specific use for the property has been decided. The Select Board voted to support further study of the campus for a school project, and the Milton School Committee voted June 3 to back studying a Pre-Kindergarten/Kindergarten school there. Architectural firm DLR Group presented test fits and cost estimates to the School Building Committee on Aug. 3 and found a Pre-K/K program feasible on the site, at a cost anticipated to be less than an alternative middle school project.

Milton entered the Massachusetts School Building Authority (MSBA) program in December 2024 and signed a Feasibility Study Agreement with the MSBA in February 2026. The town is seeking guidance from the MSBA on whether it can study enrollment options beyond those in the agreement. If a school project does not move forward at Labouré, the Select Board said it would engage the community in a redevelopment planning process.

The Select Board said acquiring the property lets Milton control the site's future rather than react to a private developer's plans. Town Administrator Nicholas Milano is fielding resident questions at [email protected] or 617-898-4845.

The debt-exclusion ballot is set for Tuesday, Dec. 15. Voters may participate in person, by absentee ballot, or by mail. The Town Meeting date has not been announced.