The potential closure and sale of the APS campus had drawn intense community pushback since being initially recommended as a cost-saving measure by Superintendent Gene Freeman on Dec. 7.
A public hearing on the proposed budget will take place on Tuesday, June 8, during the regularly scheduled Council meeting. The final vote on whether to adopt the budget will take place on Tuesday, June 22.
Some predict high demand for residential and retail space, as illustrated by several development projects planned or under construction. There are also fears that rising real estate prices may eventually push out some of the artists who have helped make the RAD a magnet.