The gist
According to the agenda, the land will be purchased with $10 million set aside in the November 2022 bond package for future school building sites. The land includes:
- Approximately 10.3 acres located on Grand Pines Drive
- Approximately 15.4 acres located on Grand Pines Drive
- Approximately 15 acres in the Kresston master-planned community off FM 1486
Erich Morris, assistant superintendent of operations, said the two parcels of land in the Grand Pines area could provide the perfect opportunity to house an elementary school and another campus or building depending on the district's needs.
The 15-acre property in Kresston, he said, would also be a great spot for another elementary school.
- The two parcels of land in the Grand Pines area are located along the southwest lines of Grand Pines Drive, south of Nichols Sawmill Road in Magnolia.
- Kresston is expected to feature up to 3,700 homes, with a mix of single-family homes and townhomes.
"The piece of property we are on now, years ago when it was purchased, we built an elementary school here," Morris said. "Now, we have the event center and an intermediate school. So there is no time like the present to purchase land. We know the value goes up every year."
As of Sept. 11, Morris said there is no contract or pricing for the land.