Fort Worth Independent School District Ionwave #26-087

Sale or Ground Lease and Redevelopment of Charles Nash Elementary School Property

This opportunity involves the sale or ground lease and redevelopment of the Charles Nash Elementary School property by the Fort Worth Independent School District (FWISD) in Tarrant County, Texas. - Government Buyer: - Fort Worth Independent School District (FWISD), Tarrant County, Texas - Property Details: - Charles Nash Elementary School property, consisting of two tracts of land - Available for purchase (fee simple) or ground lease - Proposal Requirements: - Comprehensive development plan, including: - Tree preservation strategy - Timeline and milestones - Communication plan - Financial capability and proposed purchase price or lease payments - Land title survey and final legal description to be obtained by respondent - Compliance with existing easements, covenants, and restrictions - Restrictive covenant prohibiting certain uses (e.g., golf courses, country clubs, massage parlors, gambling, off-premises alcohol sales, check cashing, charter schools) - Evaluation Criteria: - Experience and qualifications - Quality of development plan - Financial capability - Transaction structure (purchase or lease) - Unique/Notable Requirements: - Adherence to Texas law and district communication restrictions - Submission of ethics and conflict of interest forms - No OEMs or commercial vendors are specified, as this is a real estate and development solicitation.

Description

The Fort Worth Independent School District is soliciting Request for Proposals (RFP) for the purchase and development of Charles Nash Elementary School property. The property consists of two tracts of land and the District is seeking qualified purchasers to submit development plans. The selected respondent will enter into a purchase and sale agreement or potentially a ground lease with the District. The period of performance is from the date of award through December 31, 2031. Proposals are due by July 9, 2026, and the District will evaluate submissions based on experience, development plan, purchase price or lease payments, and financial capability.

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