Plans for old Prices Fork Elementary School in final stages

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PRICES FORK (WSLS 10) - Partners throughout the New River Valley are working to breathe life back into an old landmark.

The old Prices Fork Elementary School used to be a community hub, but it has sat vacant for several years.

Now, more than 20 organizations and localities have come together to create the Prices Fork Food Initiative.

This will convert the school into 32 housing units. These will be a mix of affordable housing and market rate housing. Some will be seniors only, and others will not have an age restriction.

There will also be a farm-to-table restaurant, a commercial kitchen to help local farmers launch small businesses and a craft brewery.

However, all of this relies on a $2.5 million grant from the state. The other partners have pledged another $2.5 million. Final word on the grant is expected in three weeks. If the money is denied, the team will come together to form a new plan.

Project manager Elisabeth Willis said, "One of the goals is to create a revitalized Prices Fork. That old school has been central to that community for decades."

The initiative is expected to create 73 new jobs over a five year period. If the grant is approved, everything is scheduled to be open in the next three years.