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Port of Vancouver seeks developers for Terminal One site

By Brooks Johnson, Columbian Business Reporter
Published: February 25, 2016, 4:24pm
2 Photos
An artist&#039;s concept of the Port of Vancouver&#039;s proposed Terminal One development.
An artist's concept of the Port of Vancouver's proposed Terminal One development. Photo Gallery

If there are any developers out there who want to help shape the face of Vancouver’s waterfront, now’s the time to come forward.

The Port of Vancouver on Wednesday launched a search for developers to build out two blocks of mixed-use commercial, office and residential space, as well as parking, at the port’s Terminal One property.

“We’re looking for, initially, their capability,” said Rick Cline, port contracts manager. “We’re not trying to negotiate an agreement or anything yet. We’re trying to see if they have the capacity and creativity to do something with this.”

The development would be located across the street from the old Red Lion hotel, which is already undergoing changes of its own.

Today, just a parking lot sits on those blocks between Columbia Way and the rail line, a canvas the port hopes to use to “contribute to the region’s economic prosperity and promote a healthful, sustainable space where the community feels a sense of pride and ownership,” reads the request for qualifications.

“We don’t have a set number of buildings for the site,” said Michael Schiller, the port’s director of business development. “We’re looking for the developer to present some ideas and concepts.”

One idea presented at a recent port commissioners meeting was moving the port’s headquarters to the waterfront, possibly at this proposed site. The port will work with the chosen developer on such a move.

Meanwhile, talks with a new hotel for Terminal One are ongoing, as is the refurbishing and redevelopment of parts of the Red Lion. No plans have been laid for two blocks directly north of the pier that are intended to be part of a “future phase of development.”

A separate waterfront project adjacent to the port’s development is being headed up by Oregon-based Gramor Development. Construction there is anticipated to start this year.

It’s hard to say how many bids will come in for the port’s first mixed-use project, officials said, but odds are it will be more than a few.

“The fact is there’s a high demand (for development), and there’s also a high demand for resources, so there’s a lot of opportunities for these developers — though we have an attractive project,” Cline said.

The port’s goal is to get a developer on board, possibly by late this spring or summer, before submitting a concept development plan to the city to get permitting and review underway.

Construction, Cline said, could start next year.

Qualifications from developers are due by 5 p.m. March 23. The request for qualifications can be found at www.portvanusa.com/assets/RFQ-16-09-Mixed-Use-Developers.pdf.

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Columbian Business Reporter