St. Thomas outbid again on HISD law enforcement HS property

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A bidder known as Elk Mountain Ltd. bid $47.9 million cash Tuesday for HISD's Law Enforcement & Criminal Justice High School. (Photo by Charlotte Aguilar)

A bidder known as Elk Mountain Ltd. bid $47.9 million cash Tuesday for HISD’s Law Enforcement & Criminal Justice High School. (Photo by Charlotte Aguilar)

by Michael Sudhalter
michael@theleadernews.com

A company known as Elk Mountain Limited made the highest bid Tuesday afternoon for Houston ISD’s 11-acre High School for Law Enforcement & Criminal Justice, 4701 Dickson St. at Shepherd Drive.

Elk Mountain’s bid was $47,927,114 — all cash — compared to St. Thomas High School’s $45 million bid. St. Thomas’ campus is adjacent to Law Enforcement’s.

“The staff will evaluate the bids and make a recommendation based on the best value for taxpayers,” said HISD spokesman Jason Spencer said. A recommendation was to be made by Thursday and would be subject to board approval, Spencer said.

Elk Mountain didn’t have any representatives at the bid meeting, but St. Thomas had three. All three left the meeting quickly and declined to comment to The Leader.

Before leaving they asked HISD real estate manager Gary Hansel if Elk Mountain was the same group by a different name, from the last round of bidding.

“I don’t know if it’s the same group, but they have the same broker,” Hansel told them.
In July, St. Thomas had a slightly higher bid than A.V. Dickson, a real estate investment company whose leaseback terms were considerably lower than St. Thomas. But that process was ended when it was determined both parties had improperly lobbied school board members.
Trustees agreed to launch another round of bids to help finance the relocation and building of a new law enforcement campus.

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