For instance, a $1.3 million price for a 67,000 square-foot building on nearly 14 acres sounds like a developer’s dream, except it includes another $160,000 in estimated hazmat removal costs and it is Northview—the school that formerly served the Northview Heights public housing community, which it adjoins.
At the other end of the cost spectrum is the former Beltzhoover Elementary school. Built in 1905 and closed in 2004, it has a reserve price of $5,000. It also has an estimated hazmat cost of $83,400.
But the jewel in this round of sales is likely the 23-acre wooded lot in New Homestead.
“If you were at Sandcastle looking at the river, it would be on top of the hillside behind you,” said Morosetti. “Of course you’d have to go in there and clear some of it, but from up there you could see all the way across the Mon to Squirrel Hill or Oakland.”
The complete list of school district properties, proposal criteria and timelines can be found at www.frd.us.com. Proposals are due to Fourth River Development by March 6 at 12 Noon. Responsive bids will be posted on the web site March 9.
“That will be followed by a board vote on whether or not to accept any of the bids,” said Morosetti. “We’ve already gotten a fair amount of ink and television coverage, some well beyond western Pennsylvania. And I’ve already received inquiries from outside the country. So, we’ll see.”
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