The Boston School Department's downtown headquarters will be renovated over three years starting this summer, quelling a watchdog's fear that the city might try to turn the building into fast cash after a developer bought the property next door for $31 million.
Mayor Martin J. Walsh's office said a request for bids will be released this summer for a full renovation of the 26 Court St. property, during which time the building will continue to be used as offices for Boston's neighborhood services and property and construction management departments. Some 530 school department employees currently work there, but they will move to Dudley Square next year.
"We're anticipating that the renovation process will be about three years," Walsh spokeswoman Melina Schuler said. "There's been no further discussions beyond the renovation process."
Last week, Dallas-based Lincoln Property Co. purchased 40 Court St., a 110,000-square-foot restaurant and office building, from New York real estate private equity firm Brickman for $31 million. The building's tenants include the Oceanaire Seafood Room, Massachusetts League of Community Health Centers, and the Anti-Defamation League of New England.
Lincoln Property did not return calls for comment.
Matthew Cahill, executive director of the Boston Finance Commission, said he was "glad to hear" the city plans on using the space, citing recent hasty property decisions, including former Mayor Thomas M. Menino shuttering the Winthrop Square Garage for an aborted skyscraper project.
"I think sometimes what happens is there's such a rush to put the money into the coffers that we don't really assess our own needs first," Cahill said. "I wanted to make sure the city took its own needs in first before we started discussing the sale of large buildings like that in a central location."
The 11-floor building was built in 1912. Public school employees, who made up about 65 percent of the employees stationed there, will be moved to the redeveloped Ferdinand Building in Roxbury's Dudley Square at some point next year.
The city has yet to decide which other departments will move into the renovated 26 Court St., but non-school employees are expected to remain there during the course of the project, Schuler said.
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