A single lot in the Bishop Arts area can fetch more than $400,000 these days, and Dallas ISD owns a full city block there, Reagan Elementary.

A DISD proposal calls for closing and consolidating as many as 22 schools across the district, including several in Oak Cliff, because of a trend toward decreased enrollment. Enrollment dropped in the past few decades from 180,000 students to about 157,000 now, according to the Dallas Morning News. The district also would like to propose a bond, a loan repaid with tax dollars, to build new “choice” schools such as science and technology academies that could compete with public charter schools.

Part of that plan includes demolishing Reagan and consolidating it with Hogg and Peeler. Gentrification is an obvious reality in that school, where more than 95 percent of students qualify for free and reduced lunch, and brand-new luxury condos nearby start at more than $500,000. The topic even has become part of the curriculum at Reagan, a DISD STEAM academy.

Trustee Auddrey Pinkerton hosts an informational meeting about the proposal at 6 p.m. Wednesday, Oct. 10, in the Reagan cafeteria.

The newspaper reported that Hogg Elementary, near Methodist Dallas Medical Center, and Peeler Elementary, south of Twelfth between Tyler and Zang, also could be demolished under this proposal.

Other Oak Cliff schools proposed to be cut are Rosemont Elementary upper campus, Anson Jones Elementary, Mark Twain Leadership Vanguard, Lenore Kirk Hall Elementary, Daniel Webster Elementary, H.H. Holland Elementary at Lisbon and Nolan Estes Plaza, the alternative school.