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Options <br />Option #5 Keep the building and revisit the issue <br />Pros: No cost to demolish, retaining ownership could provide site flexibility in the future <br />Cons: Reduces potential for more parking, cost to maintain related to uncertain timing <br />Option #6 Monitor the school site and partner with future developers <br />Pros: Retain ownership or sell, the development could receive more housing density, could <br />provide site flexibility in the future (a parking lot or other use), the site could be accessed <br />through the abutting parcel, the city would receive funds to develop the site, the adjacent <br />parcel value should increase because of increased density <br />Cons: Uncertain timing and use, the new owner may not want to partner, may not need a <br />housing density increase