The Fort Worth (Texas) school district is preparing to put 18 underused school-owned properties on the market.
The Fort Worth Star-Telegram reports that some of the properties that are vacant buildings or undeveloped land could be listed for sale in the coming weeks.
The district announced last year that it was considering selling the properties, including the administration building. The sales could generate at least $60 million, which could pay for a new administration building and potentially two new football stadiums.
“We want to get the absolute best deal for our taxpayers,” says Barbara Griffith, a spokeswoman for the school district.
Officials have committed that, no matter what, the next two football seasons will be played at Farrington Field, the most well-known property hitting the block.
The district says the 80-year-old Farrington Field is too big and needs $20 million in repairs for new turf, accessibility upgrades, HVAC repairs, and improved locker rooms.
Some parts of the stadium are likely to be preserved, but the bulk of it could be torn down to make way for new development in a desirable part of town.
The nearby Billingsley Field House, which officials say is near the end of its lifespan and would cost about $10 million to repair, could be the site of a future school district administration building.
After the Farrington property issold, events would be shifted to Clark Stadium, Scarborough-Handley Field and new stadiums that would be built on the north and west sides of the district.
