Port acquires 11 acres of waterfront property and sells 8.5 acres to Killian Pacific
WASHOUGAL — The Port of Camas-Washougal announced this week the finalized purchase of 11.0 acres of waterfront property along the Columbia River, formerly known as the Hambleton Lumber Company site.
The property is located adjacent to the existing Port recreational boating marina. As part of a Purchase Sale Agreement, Killian Pacific sold 11.0 acres to the Port and bought approximately 8.5 acres from the Port.
The Port of Camas-Washougal paid $5,981,262.50 for the 11 acres of waterfront property and sold the 8.5 acres to Killian Pacific for $2,533,445.67.
David Ripp, executive director of the Port of Camas-Washougal stated, “I’m pleased we have been able to secure public access to the waterfront. What’s more, this purchase will enable the port to directly connect our existing land to the east and provide a way for the community to enjoy amenities along the length of the port-owned waterfront once the Waterfront is developed. The Port’s mission and its intent is to maintain public access to the waterfront in any future development.
The property is designated Highway Commercial and with the addition of the 11.0 acres totals approximately 31.5 acres of Port holdings.
Killian Pacific purchased a portion of the eastern boundary of the Port’s original 14-acres and is developing a residential housing element to the Parkers Landing mixed-use expansion. The property is adjacent to the Port of Camas-Washougal’s pedestrian trail and soon to be constructed Natural Play Area fronting the Columbia River with a 1-acre park inclusive in the design.