“We stand to have a legacy site cleaned up we stand to gain excellent jobs in the community. “Yamhill County and the city of Newberg have so much to gain from the sale of the defunct mill site,” Yamhill County Commissioner Casey Kulla said. If the plan - recently adopted by the city after years on the drawing board - wished to include the mill site, then the land would have to rezoned by the county as it is designated for industrial use. The plan calls for developing a thin tract of land along the bluff that sits between the Newberg-Dundee bypass and the Willamette River into a commercial, residential and recreational zone that abuts the mill property on the east. The city is in the midst of instituting its riverfront master plan, which calls for development of land adjacent to the mill site into commercial, recreational and residential uses over the next several decades. For Newberg, the redevelopment will result in expanded resources economic and employment opportunities for residents and visitors alike.” “The site has been unproductive for far too long and we all look forward to the coming transformation.
“I am thrilled that such an experienced and proven corporate partner has seen the vast potential in the Newberg mill property,” said Newberg Mayor Rick Rogers. “We are still very early in the planning process, but we reposition the property for its highest and best use.”Īlthough likely privy to negotiations between CDC and WestRock, city officials were nonetheless exuberant upon learning of the sale last week. “CDC will prepare the site for a variety of end uses, including lot sales, build-to-suit and for lease properties,” said John Kowalik, vice president of marketing at CDC. The sale of the former WestRock mill site includes industrially-zoned property outside the city limits on Wynooski Street and two parcels within the city limits adjacent to the Newberg-Dundee bypass, as well as a large portion of Rogers Landing. Kovacs added that the company will be meeting with local economic leaders to find potential buyers “who could benefit from the large amount of land available and a prime location,” as well as proximity to the I-5 corridor, rail access, “significant” water rights and access to considerable electrical power. “Our acquisition of this retired plant is the first step in repurposing the property and moving it back into productive use - the site has phenomenal development potential and we are eager to see the economic benefits this transaction brings to the region.” “We are excited to expand our redevelopment efforts into the greater Portland area,” said Adam Kovacs, CDC vice president.
INTEGRITY PLUS NEWNERG SERIES
Since the 1880s, the land has held a series of lumber and newsprint mills and is likely to require extensive environmental cleanup.
29 that as part of the purchase it has released WestRock from responsibility for the environmental liabilities through its subsidiary, Environmental Liability Transfer.
The site includes a large tract of undeveloped land on Wynooski Street adjacent to the Cal-Portland concrete plant, a portion of Rogers Landing marine park and two tracts of residential land on either side of the Newberg-Dundee bypass.ĬDC officials said in a press release on Sept. The purchase includes 120 acres of industrial land, 4 acres of multi-family residential land and 1.5 acres of commercial land located within state-designated opportunity and enterprise zones primarily south of the city limits. Louis, Missouri-based company announced it had purchased for an undisclosed amount the 200-plus acre former mill site and adjoining land from WestRock, the Georgia-based papermaking giant that bought and then shuttered the facility in 2015. ( PORTLAND TRIBUNE) - The corporation that has taken on the task of converting the former site of the Newberg paper mill to developable land was revealed to the public last week: Commercial Development Company Inc.
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