Port of HR Commission Approves Amended DDA For Expo Property

The Port of Hood River Commission approved an amended disposition and development agreement that will convey the former Expo Center property to Key Development.  The agreement was actually approved a year ago, subject to addressing zoning questions that were clarified with the recent approval of the Waterfront Refinement Plan by the Hood River City Council.  Port Executive Director Michael McElwee says the amended agreement sets the stage for Key to move forward with plans for three buildings on the site.  The property has been split into two parcels, with sale of the portion for the 21,000 square foot Turtle Island facility to close in late August with completion set for September 2016.  Closing for the rest of the property is to occur in December, with construction on the other two buildings taking place in 2016.  Total purchase price is just over two million dollars.

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