No sales amount set for 382-acre parcel
PORTLAND, Ore. (KTVZ) — Cushman & Wakefield announced Tuesday the close has been retained as absolute adviser by Oregon Department of State Acreage for the auction of about 382 acreage of acreage at the southeast bend of Bend, accepted as the Stevens Road Tract.
The close said the acreage is currently unentitled, but is appointed for development to a mix of residential, commercial, and automated acreage uses aural the Burghal of Bend Comprehensive Plan.
The State Acreage Board accustomed the auction aftermost month.
The Cushman & Wakefield sales aggregation is led by Matt Johnson and Mark Carnese of the firm’s Portland office, in accord with Matt Davis of the firm’s specialized Acreage Advising Group in San Diego accouterment advising account support.
“The acreage is actuality offered unpriced,” the aggregation said in its account release, which continues below.
“Oregon will account abundantly from the auction of these academy lands,” says Vicki Walker, administrator of the Oregon Department of State Lands. “Sale gain will go to the Common Academy Fund, which sends millions to Oregon’s accessible academy districts every year. Development of the acreage additionally helps accommodated Bend’s growing apartment needs.”
“The Stevens Road Amplitude provides a actual adorable Central Oregon breadth abutting to the Old Farm adjacency at the southeastern abuttals of the Burghal of Bend and offers a adorable appearance of the Cascades to the west,” said Matt Johnson, controlling director. “With a afresh adapted Comprehensive Plan in place, the acreage could be builder-ready afterwards adept plan and addition approval for the project. At aloof over 382 acres, this all-embracing armpit presents the befalling to actualize a abundant residential association with acknowledging bartering uses.”
Mark Carnese, Controlling Director, added, “The bounded breadth boasts an adorable abode to alive and work, with abounding accessible parks and trails that will be added added with the achievement of the project.”
Located at 21425 Stevens Road, the armpit is amid adjoining to 27th St and Reed Market Road, above arterial streets confined this allotment of Bend. Highways 20 and 97 are both calmly amid aural a few miles, with burghal Bend additionally carefully proximate.
Approximately 369.9 acreage of the armpit alms are benumbed Urbanizable Breadth (UA) and will charge to be annexed into the burghal as allotment of the project, while 12.15 acreage are already aural the Burghal abuttals and appointed as Standard Density Residential (SDR).
Matt Davis, Director, said, “This alms presents a abundant befalling for a client to accommodate much-needed analytic priced apartment to the Bend community, which we accept would be a accustomed plan to advice abutment the constant and able akin of in-migration occurring.”
The amplitude is currently amidst by residential acreage uses to the arctic and west, rural abortive acreage to the east and Deschutes Canton Road Department accessories to the south.
With a citizenry abutting 100,000 people, Bend is the better burghal breadth in Oregon east of the Cascade Mountains. Bend has been ranked in the top 15 fastest growing cities in the U.S. four of the aftermost bristles years; and in 2018, it was ranked 6th fastest for citizenry advance in the United States.
In-migration has been the primary agency in the area’s growth, with about 7,000 new association affective to the breadth every year. Bend serves as a bounded account and barter centermost for Central Oregon, and has additionally been ranked additional for fastest job advance in the U.S. Added than two-thirds of all the jobs in the canton are in Bend, and abounding companies are continuing to move their businesses to the Bend area.
For added acreage advice visit www.BendMasterPlan.com.
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