Friday, August 17, 2012

 

TROUTDALE-Vital Partnership

 

The Port of Portland recently submitted a land use application for Phases Two and Three at the Troutdale Reynolds Industrial Park, also known as TRIP, an currently the home to the Fed Ex Regional Hub. The application is expected to be approved by the Troutdale Planning Commission in September.

The Port of Portland is investing more than $43.1 million at the TRIP location over the next three years. This site has the potential of creating hundreds of new job opportunities and millions of dollars being invested in East County communities.

Phase Two includes land east of Sundial Road and carves out six building lots ranging in size from five acres to thirty acres. These lot sizes are in high demand bcause there is so little inventory currently on the market. Phase Three will involve land to the west of Sundial Road and will include lots 40, 21 and 19. Also this subdivision includes three open space areas.

"Given the significant outlay associated with this site, a partnership is vital to realizing the jobs, and income tax and property tax potential of the site." said Ken Anderton, port industrial program manager for the Port of Portland.


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