Wichita Falls Independent School District calls developer's bids for two historic school buildings "under-whelming." The Alamo Elementary School and Holland School are for sale. The highest bid for Alamo Elementary is $100-thousand dollars. That bid was made by R.C.Graham Inc. owned by Rick and Christy Graham. Their company has been successful renovating historic buildings in Wichita Falls and converting them into luxury apartments. They own the Holt Hotel Apartments, LaSalle crossing and the Austin School Lofts.
"It's going to take a lot of money to sprinkler it. Get rid of the asbestos, lead based paint issues all the windows need to be replaced, we will have to insulate it. There is a lot of work that has to be done. A lot of demo just to start it."
The buildings can't be used as schools and whoever buys them must maintain the architectural integrity of the buildings. Rick Graham says he will be disappointed if WFISD decides to ask for more bids.