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Purchase of new building for BSD Central Office

At the School Board’s June meeting earlier this week, board members approved the purchase of an existing office building to become the new home of the Beaverton School District Central Office. 

The current Central Office at 16550 SW Merlo Road was constructed in 1970 when the district was half of its present size. In the late 1980s, an addition was constructed and ten portables were added to accommodate the district’s growing needs. Even so, the District has been operating other departments in four additional locations including Capital Center (Nutrition Services, Multilingual Department), International School of Beaverton (Special Education), Merle Davies (Future Ready) and SW 5th Street Transportation Facility (Future Ready, Nurses, Motor Therapy Team).

Bringing nearly all the district’s services under one roof will have several advantages: 

  • Provides more efficient delivery of services to families and staff
  • Eliminates the need for families to visit multiple locations to obtain services
  • Enhances security for staff and district assets

(Please note: Transportation will remain at its current bus yard location. Maintenance, Custodial Services and Facilities Development will move from their portable locations into the current Central Office.)

Up until now, affordable office space available for purchase that is centrally located in Beaverton has been scarce. This newly-listed, 72,000-square-foot property is located at 1260 NW Waterhouse Avenue and was formerly leased by Columbia Sportswear. In addition to adequate office space for district services, the building can better accommodate large public meetings and has a dedicated area that can be used by our community partners for meetings and events.

The Board approved the purchase of the new building at a cost of $16,200,000; this amount includes the purchase price, closing costs, tenant improvements and associated expenses. The District will be issuing debt in the form of a full faith and credit obligation. However, the staff is currently working on a plan to make this purchase near cost-neutral, meaning the cost would be offset by other savings, including:

  • Elimination of redundant services
  • Retention and extension of the current tenant leases in the NW Waterhouse building
  • Sale of surplus land owned by the district 

The next step in the acquisition process will be entering into a Purchase and Sale Agreement (PSA) which will include a 60-day due diligence period.