Barack Obama Preparatory High School will be built as a selective public high school, meaning that students will need high test scores and grades to be accepted for enrollment. The $60 million for the school will come from tax increment funding.
Obama lived in Chicago while he served as senator and still has his private home there.
The school will open in the Fall of 2017 with about 300 students in the Freshman class.
Swim Week Miami Beach 2014 [PHOTOS]