Daley said excellent schools are the best gifts he can give to children.
"Once they get a good, quality education, they have the tools for life. They never have to depend off of anyone. If you have an education, you have independence," the mayor said.
"The future, in many ways, is going to be understanding how to harness and utilize technology in meaningful ways. This school is going to be in the forefront of being able to educate students using the most modern technology in the country," said Chicago Public Schools CEO Ron Huberman.
The school is set to open in September 2010.