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Wednesday,  December 4 , 2024

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News / Business

Weyerhaeuser sells 150 acres in Longview’s Mint Farm Industrial Park

By Hayley Day, The Daily News
Published: January 4, 2024, 4:01pm

LONGVIEW — An Oregon company purchased about 153 acres of undeveloped Longview land from Weyerhaeuser for $4.7 million at a local industrial park with plans to lease the site.

The new owner of the property — assessed in 2023 at $13.3 million — is Cascade Civil Development, based in Woodburn, Oregon.

The site is located in Longview’s Mint Farm Industrial Park, east of the Pacific Corrugated Pipe Company. Longview Community Development Director Ann Rivers said a tenant has not been selected yet.

To the east of the newly purchased site, is about 70 acres of undeveloped land owned by the city of Longview. Rivers said this property is a wetland bank, mandated by the state as part of the agreement to create the industrial park.

A press release from the global commercial real estate firm Cushman & Wakefield, who managed and then announced the sale and purchase of the land in September, says Cascade Civil Development has the permits to make the site ready for a nearly 2 million-square-foot industrial operation with access to rail line.

Rivers said the sale is a bonus for the city; developing the land expands the city’s taxable property, which relieves residential property owners, and a tenant could provide more local work.

“Depending on the final type of development on the site, we could see more jobs and local spending which drive both personal and business economies,” she said.

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