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Last Visited: 6/27/2009
So far, 17 interested parties have signed confidentiality agreements to view detailed information about the property, a good showing of interest considering the market conditions, said Michael Finch, CenturyPacific vice president.
Finch expects a request for bids will draw at least two or three offers, if not more, he said.
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"We have no reason to believe that the port will receive less than the full value for the property," said Finch.
Substantial interest has been shown by companies who are interested in the gravel mining potential of the property.
The Union Pacific Railroad has said it is interested in some 65 acres of the tract near the rail lines for unknown purposes, said Finch.
Residential developers likewise have expressed some enthusiasm for the building potential of the land, he said.
It seems likely that the land may end up in several uses, said Finch, though there's no predicting precisely what the bids may bring.