Siemens Property Sale
DASD’s plan to achieve full-day kindergarten is contingent upon the building of a new 5/6 center.
With the funds from the sale of the Siemens property, the district can move forward with the construction of a 5/6 school closer to the center of the district, and convert the current Marsh Creek Sixth Grade Center into a 5/6 building.
Once the 5/6 center construction is complete, DASD’s elementary schools will become K-4 schools, providing the district with sufficient space to support full-day kindergarten in all 10 elementary buildings.
The estimated date for district-wide full-day kindergarten would be August 2027.
At this time, the district’s capital fund will not support the cost to construct a 5/6 center building, making the ability to provide full-day kindergarten partially reliant upon the sale of the Siemens property. Should the district be unable to sell the Siemens property, the estimated date for district-wide full-day kindergarten would likely move to the 2033 school year.
Audubon Sales Agreement
Siemens Property
Sales AgreementApril 2023
Board PresentationJuly 2023
Board Presentation
In July 2022, Downingtown Area School District entered into a sales agreement with Audubon for the Siemens Property in Uwchlan Township for $96,250,000.
The sale was reviewed and approved by the Court of Common Pleas in Chester County on November 28, 2022. The closing date on the property is currently December 2023.
Frequently Asked Questions
Property History
- In 2014, DASD entered into a sales agreement with Hankin Group. Hankin was unable to gain zoning approval for their proposed residential and retail development, and, after seven years, they terminated their agreement with the district.
- On February 9, 2022, the district entered a sales agreement with Carvana, LLC for $87,817,000. Carvana withdrew from the sales agreement in March of 2022 after it purchased several regional auto auction businesses.
- In July 2022, Downingtown Area School District entered into a sales agreement with Audubon for the Siemens Property in Uwchlan Township for $96,250,000. The sale was reviewed by the Court of Common Pleas in Chester County on November 28, 2022, and Judge William P. Mahon signed the order approving the sale. The closing date on the property is currently December 2023.