“We are very pleased to reach this initial phase in efforts to bring valuable waterfront property to a higher and better use,” said David Ripp, the port’s executive director, in a press release. “It’s an exciting time for both the port and our community.”
The port worked with the Department of Ecology (DOE) for more than three years to evaluate the environmental condition of the site prior to purchase. Grant funds from DOE are expected to cover approximately 90 percent of the cleanup costs.