The Rosemount-Apple Valley-Eagan school board this week gave the green light for the purchase of land in Lakeville, the future spot of the district's newest elementary school.

The purchase agreement is $3.7 million for the 22.4-acre spot where Lakeville, Apple Valley, Rosemount and Empire Township meet; residential development is planned adjacent to the site. Land and construction costs are budgeted at $30 million, according to a release from the district, and funding is part of the $130 million of capital improvements approved by voters in the November bond referendum.

The school, slated to open in fall 2017, will aid the overcrowding at nearby schools "feeling the squeeze from new housing growth, the addition of full-day kindergarten and the expansion of school-based preschool options," according to the release.

Construction on the new school will start this summer, and the school board's attendance-area decisions are lined up for the fall, after a process with parents and staff.