"Our negotiations haven't gotten us to where we want to be -- price-wise and in terms of exactly we would like to be on the property," Facilities Administrator Michael C. Maloney tells GlobeSt.com Friday morning. "They have a little over 100 acres and we are looking for 18 of it ... for an elementary school, a middle school or a combination of the two (K-8)."
Much easier went the $4.99-million acquisition of Yamamoto Manufacturing USA's 14-acre site in the 1200 block of Northwest 167th Place, south of Cornell Road. The poroperty, which Michaels says includes a 45,000-sf warehouse building with 5,000-sf of office space, appraised out at more than $6 million and was listed for $7 million. The site will be a maintenance facility for some 250 buses and also provide warehousing space for other district purposes.
Yamamoto, a circuit board manufacturer, closed its Beaverton location last year and consolidated the workers into the firm's U.S. headquarters in San Jose, CA. Norris Beggs & Simpson senior vice president Jack McConnell and senior marketing guy Isaac Quintero represented Yamamoto. Nick Gantman, a principal at Macadam Forbes, represented the school district.
Finally, Maloney says the district also is in negotiations for 10 acres immediately east of Portland Community College's Rock Creek campus, also for a new school. The question about the property is when it will be within the urban growth boundary and ready for development. Regardless, Maloney says the district wants to be in control of it. "If it's outside the UGB, we'll wait to build on it; if it's inside, it may well be the district's next elementary school."
The district is working with $175 million garnered through a 2000 bond measure and is looking for a total of 95 acres to meet demand that grew enrollment by 34% over the past decade, from about 25,000 in 1990 to more than 33,000 in 2000.
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