Port of Vancouver USA

The Port of Vancouver USA, founded in 1912, is a deep-water port located in Vancouver, Washington along the Columbia River. The port contains five terminals, along with the largest mobile harbor crane in North America which is typically used to unload wind energy equipment.

Description

The Port of Vancouver USA is a deep-water port located in Vancouver, Washington along the Columbia River, founded in 1912. The port contains five terminals along with the largest mobile harbor crane in North America which is typically used to unload wind energy equipment. The port is a government agency governed by three locally elected commissioners.

Vancouver Energy project

The Vancouver Energy project is a proposed crude oil transport hub in the Port of Vancouver, with crude-by-rail uploading and marine loading. It is proposed by Vancouver Energy, a joint venture between Tesoro Refining & Marketing Company and Savage Companies[1]It had a tentative construction start date of December 2014 and was estimated to start operating in 2016. According to a study by Analysis Group Inc. (AGI), commissioned by Tesoro Savage Petroleum Terminal LLC the project was estimated to produce the equivalent of $1.6 billion in employment income during the terminal's construction and for its first 15 years of operation.[2]

AGI’s report focused only on the economic side, and Vancouver Energy conceded it needed to "continue to focus on safety".[3] Critics cite safety risks and include state and local firefighters, the Vancouver City Council besides neighborhood associations, faith organizations, small businesses, tribes and environmental groups. [4]

Waterfront redevelopment

The port is redeveloping a 14-acre (5.7 ha) part of its property on the Columbia River, located between the proposed Waterfront Park and the Interstate Bridge, into a mixed-use waterfront neighborhood. The NBBJ-designed project is planned to begin construction in 2017 and will include 100,000 square feet (9,300 m2) of office space targeted towards biotech companies, retail spaces, up to 180 hotel rooms, up to 250 housing units, and a public market.[5]

References

  1. ↑ Vancouver Energy Who we are Vancouver Energy n.d.retrieved January 8, 2016
  2. ↑ Strombom, Bruce; Schatzki, Todd (September 1, 2014). "Vancouver Energy Project to Generate $2 Billion in Economic Value". The National Law Review. Analysis Group Inc. Retrieved September 15, 2014.
  3. ↑ Nicholas Shanmac New study examines economic impact of Vancouver Energy project Vancouver Business Journal, August 22, 2014, retrieved January 8, 2016
  4. ↑ Jim Luce (September 2, 2015). "Inslee, 'just say no' to Vancouver Energy Terminal". Seattle Times. Retrieved January 8, 2016.
  5. ↑ Porter, Lynn (March 7, 2016). "Port of Vancouver USA to use 10-acre site for biotech, housing, hotel, retail". Seattle Daily Journal of Commerce. Retrieved March 7, 2016.

External links

Coordinates: 45°38′36″N 122°42′15″W / 45.64333333°N 122.70416667°W / 45.64333333; -122.70416667


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