The development of the Farwest Steel Service Center project was completed and ready for occupancy in early 2012. The design called for approximately 350,000 SF of manufacturing and distribution space along with a 20,000 square foot freestanding office building. Specht was hired by Farwest to manage all aspects of the project, from site selection through completion of construction.
After evaluating several sites in the region, property at the Port of Vancouver USA was ultimately selected. As part of the negotiations for the sale of Port land to Farwest (an action the Port has historically avoided) several long-term commitments related to job-creation and use restrictions were made. Numerous incentive programs, grants, tax credits, and alternative financing mechanisms were explored. The project provides employment for over 200 people in Clark County, at average wages of approximately $40,000, plus benefits.
Copyright © 2025 Specht Properties
Copyright © 2024 Specht Properties