The 14-acre site, which will include restaurants, retail and office space, and more, sits on former rock quarry
A new development plan in east Vancouver has been submitted to the city, and that plan calls for 14 acres of space for retail, restaurants, offices, hotel, and multi-family residential units.
The Palisades will be located on the 192nd corridor, just off State Route 14, with open space, parks, trails, and views of the Columbia River.
Romano Capital Inc. and Cascadia Development Partners announced the submission last week.
“We are excited to create a new dynamic center for a rapidly growing community,” said David Copenhaver, president and partner at Cascadia Development Partners. “The junction of Camas and East Vancouver is a highly accessible area with a large concentration of major employers, housing, and new development. A development this size in a rapidly growing market is a truly unique opportunity.”
The area has already seen substantial growth in recent years. Research, according to a press release from the partners, indicates that population growth is expected to be at 1.21 percent year over year for the next five years. Those numbers make the Palisades one of the most desirable submarkets in the Vancouver-Portland metropolitan area.
The Palisades site sits on a former rock quarry that began the process of reclamation in 2011.
“This development aims to fuse suburban living with urban-style amenities. The project will provide residents with walkable access to local businesses and restaurants while also being close to the PDX airport and Columbia (River) Gorge,” said Kess Romano, CEO of Romano Capital. “We are dedicated to delivering dependable investment opportunities while contributing to the growth of the community. The Palisades development is precisely the type of project that aligns with these values.”
Also read:
- House Democrats advance $18B in tax hike proposals as session winds down
House Democrats in Washington advanced several tax hike proposals as the legislative session nears its end, aiming to address a major budget shortfall. - Republican budget leaders see showdown ahead as Senate Democrats approve trio of major tax increasesSenate Democrats in Washington have approved major tax increases, prompting Republican budget leaders to warn of a growing showdown ahead.
- Representatives from the 18th and 20th Legislative Districts to hold joint town hall on May 3
Lawmakers from the 18th and 20th Legislative Districts will host a joint town hall on May 3 at Battle Ground City Hall to review the legislative session and hear from residents. - Expect delays on northbound I-5 near Ridgefield through May 9Northbound I-5 travelers near Ridgefield should expect delays through May 9 as crews work on improvements at the Exit 14 off-ramp to support future development.
- Brandon Erickson announces candidacy for Clark County Charter Review CommissionBrandon Erickson has announced his candidacy for the Clark County Charter Review Commission, seeking Position 1 in District 2.
- Clark County Sheriff’s Office investigating a reported burglary that led to apparent suicideThe Clark County Sheriff’s Office is investigating a reported burglary in Vancouver that ended with the apparent suicide of Charles Gardiner, interim chief of the Cowlitz Tribal Public Safety Department.
- POLL: Why did voters reject all three tax proposals in the April 22 special election?Clark County voters rejected all three tax measures on the April 22 special election ballot, prompting questions about trust, affordability, and communication.
