Tri-City Regional Chamber of Commerce
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MEMBER NEWS

Port of Pasco Approves Letter of Intent for Development of Osprey Pointe

8/7/2018

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Picture
Photo credit: City of Pasco
At their June 29, 2018 regular meeting, the Port of Pasco Commission approved an exclusive Letter of Intent (LOI) with Eaty Gourmet LLC (EGC) for development of Osprey Pointe, an approximately 52-acre site along the south side of East Ainsworth Ave, Pasco Washington.

EGC Chief Visionary Officer and Tri-City resident Mitch Gilbert, commented, “It’s a multifaceted agreement that took a lot of effort by both parties to shape. Together we are committed to expanding the community’s economy and adding to its vitality.” With the LOI approved, EGC will focus on the master development plan, strategic partnerships, and securing financing for the project that will include a market hall, boutique hotel, indoor-outdoor event space, and a mix of commercial and residential.

“The Port Commission has always believed that Osprey Pointe is a special place to create investment and opportunity in Pasco, the Eaty Gourmet group gets that. The vision they presented will accelerate revitalization and create national interest and prestige. This project can be transformational for Pasco and the Tri-Cities.” commented Jean Ryckman, Port Commission President.

The LOI gives the Port and EGC six months to create a master development agreement, which ​will lay out the amenities, schedule and financing for developing Osprey Pointe to its full potential.
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Copyright © Tri-City Regional Chamber of Commerce. All rights reserved.
7130 W Grandridge Blvd., Suite C, Kennewick, WA 99336 USA
Phone: (509) 736-0510 |  Fax: (509) 783-1733 
info@tricityregionalchamber.com
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Monday - Thursday: 8 am - 5 pm
​Friday: 8 am - 12 pm
​Closed Weekends

Photos used under Creative Commons from The National Guard, Gamma Man, US Department of Education, U.S. Secretary of Defense, Tony Webster, jalexartis, Blue Mountains Library, denisbin, Baker County Tourism
  • Benton Co. Business Resource Initiative
  • MEMBERSHIP
    • Membership Directory
    • Member Login
    • Join the Chamber
    • Membership Features
    • Sponsorship Opportunities
    • Stakeholder, Leader, & Growth Level Members
  • EVENTS
    • Chamber Calendar
    • Annual Events >
      • Annual Meeting & Awards Luncheon >
        • Business on a Roll Nomination Form
      • Women in Business Conference
      • State of the Cities
      • Tri-Cities Diversity Summit
      • Elected Leaders Reception
      • Tri-Cities Day with the Seahawks
      • Tri-Cities Day at the Capitol
      • Bridging Partnerships Small Business Symposium
    • Monthly Membership Luncheon
    • Business After Hours
    • Meet the Chamber
    • Speaking Opportunities
  • PROGRAMS & SERVICES
    • BUSINESS PROGRAMS >
      • Ask the Experts
      • Economic Gardening
      • Office Depot Savings Program
      • Small Business Incentive Program
    • Workforce & Education >
      • Tri-Cities Regional Career Signing Day
      • Washington Workforce Portal
    • myTRI 2030
    • Business Advocacy >
      • Public Policy Guiding Principles
      • Business Advocacy Letters
      • Session Spotlight
      • Vote for Business
      • TRI-CITIES LEGISLATIVE COUNCIL 2022 LEGISLATIVE PLATFORM
    • Ambassador Club
    • LEARN Groups
    • Washington PTAC >
      • Meet the Buyer
      • Procurement Power Hour
  • NEWS
    • Press Releases
    • Blog
    • Member News
    • Annual Report
    • eBlast Advertising
    • Email Updates
  • ABOUT US
    • Contact
    • Our Leadership
    • Our Team
    • Committees
    • Policies
    • Our Partners >
      • TRIDEC
      • Visit Tri-Cities