Is the Oakland Unified School District sitting on some hot real estate? The school board will vote Wednesday on a strategic plan on a how to best manage its assets. Oakland Unified School District is one of the largest property owners in that city. This goes back decades ago. Every time new homes were built, a school would be put in.
Right now, the school district owns 108 properties on 525 acres of land. What the board wants to do is decide if the school district should sell some of the buildings they no longer use, or lease them.
Remember, because of declining enrollment, there are fewer students today so the district closed some schools. Then you have the district's administrative offices at 1025 2nd Avenue. That building was almost sold in 2006 to a developer back east, but the community objected. And recently, it was flooded. There was so much damage that it has been closed for months now.