State Board announces grants for economic development feasibility studies in Adams, Asotin, Clark, Cowlitz, and Whitman counties.
Proposed projects could support food and beverage manufacturing, a business incubator, waterfront redevelopment, a business park and new public infrastructure.
OLYMPIA, WA –The Washington State Community Economic Revitalization Board (CERB) today approved $246,113 in public investments for economic development feasibility studies targeting business growth and job creation in Adams County, Port of Clarkston, Port of Vancouver, Port of Kalama, and the city of Palouse.
- Adams County – $50,000 grant to Adams County for the Industrial Wastewater Facility Feasibility Study. Feasibility study to determine the feasibility, design and cost for an industrial wastewater facility that will make the Bruce Industrial Park shovel ready for food and beverage processing and manufacturing. CERB funds are matched by $16,667 in local resources.
- Asotin County – $48,000 grant to thePort of Clarkston for the Economic Feasibility Study and Pre-Development Site Planning-Incubator. A feasibility study to determine the feasibility of a multi-tenant incubator building at the Port’s Turning Pointe Business Park. CERB funds are matched by $16,000 in local resources.
- Clark County – $50,000 grant to the Port of Vancouver for the Revitalizing Terminal 1-Planning Study. A feasibility study to assess the utilization, condition and redevelopment of Terminal One (T1) in a master planned waterfront development. CERB funds are matched by $20,000 in local resources.
- Cowlitz County – $50,000 grant to the Port of Kalama for the Spencer Creek Business Park Economic Feasibility Study. A Master plan development for the Spencer Creek Business Park. CERB funds are matched by $16,667 in local resources.
- Whitman County – $48,113 grant to the City of Palouse for the Wasterwater Facility Plan.
A Wastewater Facility Plan (WWFP) for the City of Palouse. CERB funds are matched by $16,037 in local resources.
“CERB projects represent an important partnership between the state and local communities resulting in enhanced economic vitality. The Board is pleased to collaborate with each of these communities to help with planning for future economic development,” said CERB Chair Steve Anderson.
“Investments in public infrastructure lay the foundation for future growth, new economic activity and jobs. Successful projects begin with solid and effective planning, long before shovels hit the ground. CERB is a valuable partner in helping communities achieve their own unique vision for creating places where people want to live, work, raise a family or start a business,” said Brian Bonlender, director of the Washington State Department of Commerce.
Since 1982, CERB has committed nearly $206 million to local jurisdictions across the state, an investment generating more than 34,000 jobs. Private capital investments of $5.7 billion ($27 to $1) return on CERB investment.
As Washington’s strategic economic development resource, CERB is focused on creating private sector jobs in partnership with local governments by financing infrastructure improvements. These improvements encourage new business development and expansion. In addition to funding construction projects, CERB provides limited funding for studies that evaluate high-priority economic development projects. Learn more about CERB at www.commerce.wa.gov/cerb.