Sale of 57.48 Acres at Harwood Road and Meadow Park Drive

The Hurst-Euless-Bedford Independent School District is soliciting sealed bids for the purchase of 57.48 acres of land located at Harwood Road and Meadow Park Drive. The property is currently zoned R-15 and is being offered for sale under its existing zoning classification. The City of Bedford has provided conceptual mixed-use residential plans for the property, but any changes to the current zoning must go through the city's formal approval system. The minimum bid amount is $14,250,000. Interested buyers must register as prospective purchasers and submit a bid form, along with a cashier's check in the amount of $100,000, by the submission deadline. • The property is approximately 57.48 acres in size and is located in the Meadows District planning area. • The City of Bedford's Comprehensive Plan provides a long-range planning framework for the area. • The property is currently zoned R-15, but alternative zoning classifications may be considered through the city's zoning process. • The property is located near DFW International Airport and has excellent regional highway access. • The Hurst-Euless-Bedford Independent School District has recently approved a $1 billion bond program to modernize and improve district facilities.