For Immediate Release
February 23, 2016
The port’s Board of Commissioners unanimously approved a Memorandum of Agreement at the regularly scheduled Feb. 23 meeting. The agreement is aimed at stimulating education, art and commerce, and creating a sense of place at Terminal 1 – the port’s birthplace on the Columbia River and the site of unfolding redevelopment.
Owned by the port for more than a century, Terminal 1 most recently housed the Red Lion Hotel Vancouver at the Quay and The Quay Restaurant. Both businesses closed in November 2015. The port immediately began reenergizing the space, bringing in biotech company AbSci LLC and locally owned Torque Coffee Roasters.
The agreement signed today allows Clark College to collaborate with port tenants at Terminal 1 to provide educational and community programs that support and energize the local economy.
“This is another exciting step in keeping Terminal 1 active while we move through the planning and permitting processes for redevelopment,” said port CEO Todd Coleman. “Clark College is a great community partner, and we’re excited for the opportunities this brings for us, for the college and for future industry at the waterfront.”
“Being a partner with the Port of Vancouver provides dynamic learning opportunities,” said Clark College President Bob Knight. “We see a home at the port for future programing and are happy to connect Clark College to the revitalized waterfront.”
About Terminal 1
The Port of Vancouver USA is redeveloping a 10-acre site it owns on the Columbia River. Known as Terminal 1, the site is the port’s birthplace and home to its first warehouse, built in the 1920s through a partnership with the City of Vancouver. When fully developed, Terminal 1 could feature a public marketplace, new hotel, retail and commercial office space, and visitor amenities.
The Port of Vancouver USA is one of the major ports on the Pacific Coast, and its competitive strengths include available land, versatile cargo handling capabilities, vast transportation networks, a skilled labor force and an exceptional level of service to its customers and community. For more information, please visit us at www.portvanusa.com.
Abbi Russell, Communications Manager