Anonymous wrote:The neighborhood should try to get it declared a landmark...which would keep it a school.
Anonymous wrote:Anonymous wrote:As to the old Sidwell campus in Bethesda, it will in all likelihood be sold to a residential real estate developer, the buildings will be torn down, and a new "exclusive" enclave of Edgemoor-adjacent, "tasteful" mini-mansions will be put up and aptly named "The Campus", "Sidwell Forest", or the "Estates at Edgemoor"
+1 It will not remain a school. The math is pretty simple. 5.5 acres zoned R-60 by right could allow up to 40 new lots of 6,000 square feet. New luxury housing construction costs about $200 sq. ft, so 5,000 square foot houses will cost about $1M to build and sell for $1.75M+. That would give the developer at least $30M for her return after land acquisition costs. The property is currently assessed at $5.7M. No school could afford to pay $5M over assess value. But, the developer could do that easily and still make very healthy margin.
Anonymous wrote:As to the old Sidwell campus in Bethesda, it will in all likelihood be sold to a residential real estate developer, the buildings will be torn down, and a new "exclusive" enclave of Edgemoor-adjacent, "tasteful" mini-mansions will be put up and aptly named "The Campus", "Sidwell Forest", or the "Estates at Edgemoor"
Anonymous wrote:Anonymous wrote:WIS - good school but their campus is awful/factory like.
wIS has a beautiful campus set in the woods, does it not?
Anonymous wrote:You all realize that it's just going to be sold to a developer, right? No school is going to be buying it.
Anonymous wrote:WIS - good school but their campus is awful/factory like.
Anonymous wrote:Anonymous wrote:McLean School of Maryland, because it's an awesome school that should grow, and also because current facilities are limited
That would actually be pretty cool, given the past professional history of the head.
Anonymous wrote:McLean School of Maryland, because it's an awesome school that should grow, and also because current facilities are limited