Posted Nov 21, 2017, 4:35 AM
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7th Gen Central Texan
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Join Date: Feb 2007
Location: Austin TX
Posts: 3,150
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http://www.statesman.com/news/local-educ...oper-baker-alamo/YribyF8uOGIlXK3MSvfSAL/
Quote:
Austin school leaders are moving forward with the high-profile sales of district headquarters, the Baker Center and the Millett Opera House (home of the Austin Club), among other surplus properties.
The school board on Nov. 27 is scheduled to vote on the sales of the following properties:
• the Carruth Center, the 2.7 acre district headquarters on West 6th Street, for $36.5 million to Schlosser Development of Austin, which made the highest bid. The minimum bid was $30 million.
• the Millett Opera House, for $3 million to the Foundation for the Preservation of the Historic Millett Opera House, the only bidder on the property. The minimum bid was $5.4 million.
• the Baker Center, a former school located in Hyde Park, for $10.6 million to Alamo Drafthouse Cinema. The minimum bid was $10.6 million. Alamo plans to include single-family residences with 25 percent of them affordable housing units, with priority given to district employees and families with children who attend district schools.
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