BEND, OR -- Bend City Councilors are considering getting back into the real estate business, just as the school district is getting out. The Bend-La Pine School District announced intentions to sell historic Troy Field in December.
City Councilor Barb Campbell tells KBND it's early in the process, but there is interest in maintaining the vacant lot at Louisiana and Bond. "We would like to preserve Troy Field as a public space. I, personally, would like to see cooperation between the city, the parks and the school district. It might be a purchase, it might be a transfer. And, with that space, the city and those other public entities can continue to explore, say for example, the idea of a Heritage Square."
The money to purchase the lot would likely come from the sale of the former site of the Bend Bulletin. "We have been in discussions about selling the old Bulletin lot," Campbell says. "I have a high level of confidence a sale will go through. Even though selling that lot would be a net loss from the purchase price, quite honestly, it would mean there was money in the budget this biennium -- approximately $800,000. So, part of that money, we thought we could use for Troy Field."
Cascade Empire Lodging made a $2.3-million offer on that property in April, but could still back out during the due diligence process.
Campbell is confident the Bulletin site will sell soon, whether to Cascade Empire or another developer.