Edmonds School District optimistic about property deals

LYNNWOOD — Leaders in the Edmonds School District have spent the past nine years shuffling the district’s property portfolio, like a giant Rubik’s cube.

The plan was to wring more revenue from potentially valuable properties in Lynnwood and Mountlake Terrace. That includes the former Lynnwood High School site across the street from Alderwood mall, where a new Costco store is taking shape. Making that happen required building the new Lynnwood High.

The recent economic doldrums pushed plans back by a few years, but the picture’s starting to change.

“Things are moving forward and we’re pretty excited about it,” district spokeswoman DJ Jakala said.

The district provided an update in its latest newsletter.

•Lynnwood Place, aka the old Lynnwood High School: the district is leasing the site for commercial development. Work on Issaquah-based Costco’s store there is scheduled to begin next spring, with a tentative opening date in summer of 2015. Texas-based developer Cypress Equities is looking for other tenants.

Bus barn on Alderwood Mall Boulevard: the district reports developer interest in the nine-acre property south of the mall and visible from I-5. Before selling or leasing the property, the district first needs to build a new transportation facility on 52nd Avenue West in Lynnwood.

Lynnwood City Center, across 196th Street from the Lynnwood Convention Center: the district is dividing the property into two parcels. One parcel is under a purchase contract, with the buyer performing due diligence. The other is receiving interest from developers.

Former Melody Hill Elementary, at the I-5 on ramp at 220th Street SW: crews finished demolition around the start of the school year and the district plans to start marketing the land soon.

Former Evergreen Elementary, next to the I-5 off ramp at 236th Street SW: the city re-zoned the property to freeway tourism and is working with the district on routing a road through it.

The sale and lease of the properties will go toward capital expenses approved by the school district board. The extra money won’t pay for all of the district’s projects.

Noah Haglund: 425-339-3465, nhaglund@heraldnet.com.

Talk to us

More in Local News

Brace for delays along U.S. 2 for bridge and road work

Projects between Snohomish and Index are set for the coming week, with single-lane traffic in spots.

Memorial honors fallen Bothell police officer Jonathan Shoop

After a motorcade through the city, the rookie cop’s two brothers spoke at a service Tuesday in Bothell.

Jen Hirman and her daughter Elizabeth, who attends Jackson High, waves signs along Evergreen Way in support of the Everett schools levy on Monday, Aug. 3, 2020 in Everett, Wa. (Andy Bronson / The Herald)
School levies are in trouble in Lakewood and Darrington

Everett’s $317 million bond proposal is within striking distance, but levies could go down in the north county.

Appointees leading in area legislative races; few close ones

It was a solid night for incumbents, with more than half the expected ballots counted.

Mead and Carrington lead in Snohomish County Council race

Incumbent PUD Commissioner Sid Logan will likely face Rob Toyer for a spot on the utility board.

Police: Boy, 12, fights off kidnapper south of Everett

A suspect, 44, was tracked down and arrested Tuesday by Snohomish County sheriff’s deputies.

Man identified as the deceased in Bothell police shooting

Court records show Juan Rene Hummel Jr., 25, had a history of mental health issues.

Everett school bond loses ground in latest tally of ballots

Some good news in Lakewood where the district’s two-year technology levy inched closer to passage

Homeless on Everett street corner fenced out amid protest

Some 20 people were told to leave a park on Wednesday as authorities continue to clear out encampments.

Most Read