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

A masked passenger sits in front of an empty row of seats on an Alaska Airlines flight from Spokane to Sea-Tac Monday evening. (Julie Muhlstein) 20201026
Flying to see family, it was a risk that seemed like a must

After eight months of not seeing my 98-year-old mom, a trip to my Spokane hometown was short and sweet.

Three people were shot at the Boo Han Oriental Market Tuesday, Sept. 29, 2020, off of Highway 99 in Edmonds. (Olivia Vanni / The Herald)
Charges: Boo Han shooter stalked wife, sent alarming texts

Duy Nguyen is charged with killing his wife’s friend and wounding two others at an Edmonds market.

As seen in body-camera video, an Everett police sergeant places handcuffs on Joseph Michael Hill, 39, while kneeling on his back. Everett's chief says it was reasonable use of force. Hill's attorney disagrees. (Everett Police Department) 20200524
Plea deal reached in case of Black man pinned by Everett cop

Joseph Hill’s arrest led Everett police to amend their policy. All charges except resisting arrest were dropped.

Firefighters were dispatched to a burning home Wednesday night in Monroe. (Snohomish Regional Fire & Rescue)
Fire crews fight blaze at Monroe-area house throughout night

No injuries were reported. Access to water was a challenge as firefighters fought the flames.

Lilah 2 TEASER
Langley man builds automatic candy dispenser for Halloween

People are still finding ways to partake in the holiday’s celebrations in a safe manner.

Monroe Police Department
Police search for Monroe bank robbery suspect, hope for tips

A search with a police dog and drone could not track down the suspect Monday afternoon.

Darrington man sentenced in death of 2 horses he starved

He submitted an Alford plea, not admitting guilt but acknowledging a jury would likely convict him.

Bail set at $1 million in homicide outside Tulalip casino

The Spanaway man is accused of assaulting his girlfriend, who had a medical condition.

Jana Smith places her sister Jody Loomis' boot back into an evidence bag while testify on Wednesday, Oct. 28, 2020 in Everett, Wa. (Olivia Vanni / The Herald)
Trial in Mill Creek murder tests memories of 48 years ago

Jody Loomis’ sister testified this week in the trial of a man accused of killing the 20-year-old in 1972.

Most Read