The Board of Regents of the University System of Georgia approved last week the purchase of property east of Kennesaw State University’s Kennesaw Campus to be used in KSU’s future development.

The Board of Regents will acquire 1.02 acres at 3051 George Busbee Parkway from Cobb County for $875,000.

Formerly occupied by Kids R Kids, the property includes a 12,320-square-foot, one-story building and adjacent parking area.

Funding for the property acquisition will come from state bonds earmarked for infrastructure expansion at Kennesaw State.

With this latest land acquisition, the university’s Kennesaw campus will occupy 384 acres, and the Marietta campus (formerly Southern Polytechnic State University) will occupy 197 acres.

The property is across the street from the 88-acre KSU Sports and Entertainment Park, which includes Fifth Third Bank Stadium, and next to the land KSU previously purchased at the former BrandsMart USA site on Busbee Drive in Kennesaw which was approved by the Board of Regents in February.