In a creative deal to save a historic structure and also add to the city's desperately needed stock of workforce housing, the school district in Waco, Texas, agreed to sell the old Waco High building to a private developer.
"Waco schools trustees voted unanimously to sell the vacant old Waco High School building Thursday night in a deal that would allow a private developer to transform the landmark into an affordable-housing project in the heart of downtown."
"The project will turn old Waco High into about 70 loft-style apartments for families with incomes between $20,000 and $30,000. Once the development deal is finalized, the Waco Independent School District will net $900,000, which excludes $350,000 the developer has dedicated for asbestos abatement as part of the deal."
"Officials from Landmark Group, based in North Carolina, say they plan to put about $11 million into the development, which will be done in accordance with federal standards for the treatment of historic buildings."
FULL STORY: Waco trustees unanimously agree to sell former high school to North Carolina-based developer

Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.

Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.

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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

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