Waterfront Development: Vancouver USA
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Port of Vancouver USA, Clark College Partnering on Economic Development at Terminal 1
The Port of Vancouver USA and Clark College have signed an agreement that opens the door to partnership at the port’s Terminal 1 waterfront redevelopment.
Terminal 1 is a 10-acre site the port is developing on the Columbia River through a partnership with the City of Vancouver. When fully developed, Terminal 1 could feature a public marketplace, new hotel, retail and commercial office space, and visitor amenities.
The port’s board of commissioners unanimously approved a Memorandum of Agreement at the regularly scheduled Feb. 23 meeting. The agreement is aimed at stimulating education, art and commerce, and creating a sense of place at Terminal 1 – the port’s birthplace on the Columbia River and the site of unfolding redevelopment.
Owned by the port for more than a century, Terminal 1 most recently housed the Red Lion Hotel Vancouver at the Quay and The Quay Restaurant. Both businesses closed in November 2015. The port immediately began reenergizing the space, bringing in biotech company AbSci LLC and locally owned Torque Coffee Roasters.
The agreement allows Clark College to collaborate with port tenants at Terminal 1 to provide educational and community programs that support and energize the local economy.
"This is another exciting step in keeping Terminal 1 active while we move through the planning and permitting processes for redevelopment," said port CEO Todd Coleman. "Clark College is a great community partner, and we’re excited for the opportunities this brings for us, for the college and for future industry at the waterfront."
The Port of Vancouver USA and Clark College have signed an agreement that opens the door to partnership at the port’s Terminal 1 waterfront redevelopment.
Terminal 1 is a 10-acre site the port is developing on the Columbia River through a partnership with the City of Vancouver. When fully developed, Terminal 1 could feature a public marketplace, new hotel, retail and commercial office space, and visitor amenities.
The port’s board of commissioners unanimously approved a Memorandum of Agreement at the regularly scheduled Feb. 23 meeting. The agreement is aimed at stimulating education, art and commerce, and creating a sense of place at Terminal 1 – the port’s birthplace on the Columbia River and the site of unfolding redevelopment.
Owned by the port for more than a century, Terminal 1 most recently housed the Red Lion Hotel Vancouver at the Quay and The Quay Restaurant. Both businesses closed in November 2015. The port immediately began reenergizing the space, bringing in biotech company AbSci LLC and locally owned Torque Coffee Roasters.
The agreement allows Clark College to collaborate with port tenants at Terminal 1 to provide educational and community programs that support and energize the local economy.
"This is another exciting step in keeping Terminal 1 active while we move through the planning and permitting processes for redevelopment," said port CEO Todd Coleman. "Clark College is a great community partner, and we’re excited for the opportunities this brings for us, for the college and for future industry at the waterfront."
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