Bad enough that they misspelled “school,” but “development” as well? You have to wonder who’s managing their signs. (The underscore used in place of a dash bugs me, but not as much.)
And yes, this is the same elementary school that was “cloced for repairs” one time we drove past it.
I’m seriously reminded of the photo (even if it’s probably staged) of workmen painting “SHCOOL” on a road.