Tri Cities Real Estate News & Views

Wednesday, November 29, 2006

Pasco Wa Real Estate ~ Port Details Riverside Project

Filed under: Real Estate News — spokengently @ 8:10 pm

Pasco Wa Real Estate ~ Port Details Riverside Project

The Port of Pasco Wa Real Estate area has recently approved its budget for the upcoming year of 2007. And a key feature of the budget is the Riverside Business Park project.

The Port considers the 125-acre development along the Columbia River in Pasco Wa Real Estate, from Cascade Marina to the barge terminal, could be set to become a popular destination for businesses, as it will include restaurants, cafes, technologically orientated offices, an amphitheatre and a park pond.

An amphitheatre would double as a meeting and conference area, and be available for concerts, plays, political speeches and other outdoor community events. The addition of the pond meets with federal requirements to be able to fold the area if an emergency ensues in the Pasco Wa Real Estate area.

The budget expects an increase in operating expenses over the next year by 5%, claims Jim Tooney, the Executive Director of the Port. In total the operating budget is $6.1 million, which is inclusive of a 1% increase in property tax.  It is also anticipated that $1.3 million will be gained from property taxes during 2007.  There are also plans to draw on Franklin County Sheriff’s Office to provide law enforcement to the Tri-Cities Airport, and $250, 000 is allocated from the budget for these services.  In 2007, the Port will focus on obtaining land-use permits in the Pasco Wa Real Estate area.

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