I think the idea of building on a portion of school lands is worth looking into on a site by site basis.
There’s no question there are lots of schools that have big open fields that are rarely used for much. Especially in the inner city where there are multiple schools in short distances ic each other.
Perhaps a portion of the schoolyard, at the end of the field for example, could be sold to developers, and part of the money goes back to the school board as an overall endowment fund and a smaller portion could go into an endowment fund for the specific school.
I'll pick on this NW school as my son went there so I'm very familiar with it. The section of playground marked in red is rarely used as 80% of the students play and hang within 30m of the school, and another 15% hanging in the 90m range. The ball diamond is used only once in a while during the summer, but could still be moved.
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The ball diamond moves south, and a small low-rise multifamily development goes in at the far end as shown. I've used an example of a 4 storey development from 17th ave NW that has 36 units per building. Two buildings would make a nice 72 units to an area which is adjacent to a bus route and a bike lane, and a stone's throw from a beautiful park.
I'm guessing here, but suppose the land was sold for $7 million. The province or school board could take $5 Million and put into an endowment fund, and the school could take $2 million. After all it is the school who's losing some of its land. This could be a game changer as many inner city schools have the land available on main arteries and bus routes and is attractive to developers.
The endowment fund ensures that inner city schools have options to offer programs or incentives to attract students and keep schools well maintained as the inner city child populations increase. If the schools do well it's an extra incentive for people to raise children in the inner city and send them to schools already built.
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