Photo Caption: With the help of $2million in state funding, The Port of Ridgefield is moving ahead with the development of three metal buildings, the largest of the three is modeled after the one shown here, constructed recently in Tumwater, Wash.
WISDOM RIDGE DEVELOPMENT STATE $$$ ALLOW PORT TO MOVE AHEAD
A $2 million capital request made by the Port of Ridgefield to the State of Washington was recently approved by the legislature, paving the way for new development at a port-owned parcel at Wisdom Ridge on S. 11th Street in Ridgefield. The 3.5-acre building site is directly adjacent to the Washington State Department of Fish & Wildlife building, another port development.
The port’s plans for the site call for the construction of three metal buildings totaling 44,000 square feet; two buildings will be 12,00 square feet, and one will be 20,000 square feet. The buildings are designed to accommodate multiple tenants. Tenant bays will include space for office, manufacturing/shop space, and some warehousing. The port will announce tenants as leases are finalized.
“The port’s goal is to provide space to attract and retain businesses in Ridgefield and the greater Discovery Corridor, said Brent Grening, CEO for the Port of Ridgefield. “Doing so reduces the tax burden for local residents.”
Port of Ridgefield Chairman Scott Hughes said that to save money and speed the development process, the Ridgefield port worked with the Port of Chehalis. “Randy Mueller, our port’s former business development director, now executive director of the Chehalis port, generously shared plans they developed,” said Hughes. “We’d like to publicly thank Randy and his commission for their generosity.”
A storm pond for water runoff and rough grading work has been completed at the site, and the funding provided now allows the port to move ahead on work to secure the necessary building permits.
Grening said the port is also seeking letters of intent from potential lessees and is seeking grant funds or loans from federal sources to complete what is likely to be a $5 million to $6 million total buildout cost.
“We’re getting concepts and ideas in front of these funders right now,” said Grening, who also noted the project can be phased if all the required money isn’t available up front.
For more information contact the Port of Ridgefield by calling 360.887.3873 or email BGrening@PortRidgefield.org.