BEND, Ore. — A plan to sell Troy Field in downtown Bend to a Portland-based hotel developer has fallen through.
The Bulletin newspaper reports the property is owned by the local school district and it accepted a $1.9 million offer. But the window to complete the sale closed last week and the developer — Brownstone Development — decided not to move forward.
The grassy field on Bond Street has been used as an informal park for decades. Bend-La Pine Schools put the property up for sale in 2014, expecting the proceeds to help pay for future school construction.
The failure to complete the sale is a win for residents who want Troy Field preserved as open space.
