Fort Worth ISD is seeking a buyer to redevelop the closed Charles E. Nash Elementary campus, a 99-year-old school near the Trinity River and downtown Fort Worth. The district released a request for proposals for the purchase and development of the property, which may also consider a ground lease.

Redevelopment Plans

The request for proposals asks qualified purchasers to submit plans for the property, including a development plan explaining what they want to build, how the project would be completed, and how trees would be preserved. The property cannot be used for certain purposes, such as a charter school, liquor store, or gambling facility.

The selected buyer must submit a proposal that includes their experience, project approach, purchase price or ground lease structure, and financial ability to close. The district plans to score proposals based on these factors.

Background

Nash Elementary is one of seven campuses that FWISD closed this spring due to declining enrollment, aging buildings, and the cost of maintaining more schools than the district needs. The closure is part of a broader facilities plan aimed at addressing these issues and redirecting money toward academics.

The school’s closure has had a significant impact on the community, with families, alumni, and staff describing it as a neighborhood anchor. The district’s decision to close the school has also raised concerns about the potential loss of a community hub.

Original reporting: Fort Worth Report — read the source article.