|Updated: 4/05 9:49 am
||Published: 4/04 11:19 pm
North Tulsa neighbors in the Owen Park community gathered inside the old walls of Roosevelt Elementary School on Thursday afternoon to listen to the school building’s bidder.
The Oklahoma School of Visual and Performing Arts bid for $25 million on the 100,000 square foot school. They have written a letter of intent to pay that money over the next five years by raising it through fundraisers and private donors.
The House Bill 1737 passed in 2009 will appropriate money to the school depending on each students’ needs.
“This building, its history, its culture, its character is the perfect place for the school,” said co-chair of the OSVPA, David Downing. Downing and his father -in-law run are behind the OSVPA.
“We bid on Roosevelt Elementary in 2011 but we low balled it at $250,000; now that we have realized what it would take to rehabilitate, and equip this facility and add an additional 50,000 square foot space for student housing, we have the right number; we hope,” said Downing.
Downing hopes the program will figure out what rooms need to be used for and what that will cost. Then he will have to raise the $25 million and that could take a year or two.
“My hope is we can have students in here by the fall of 2017, but it could be the year or two after that.”
Right now TPS uses the building for campus police and Teach for America. TPS said those tenants would stay in the building for the next two years while the money is being raised. Other bids will still be considered.