SUNSET CORRIDOR LAND. The property is now available and ready for corporate utilization, development or investment.
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1 SUNSET CORRIDOR LAND The property is now available and ready for corporate utilization, development or investment. This 275-acre site is now available and ready to develop. Just off US 26, this west Sunset Corridor location is situated between two freeway interchanges and will provide a quality corporate environment in an aesthetic natural setting with proximity to commercial services, residential neighborhoods and west side light rail. Corporate neighbors include Intel, Nike, Genentech, SolarWorld, Volkswagen, Epson and Oracle. The property is now available and ready for corporate utilization, development or investment.
2 NW 271ST Property Highlights Largest developable property in the Sunset Corridor Direct access to Hwy 26 Flexible future zone will allow industrial, flex, office, and service when annexed NW JACKSON SCHOOL RD 1N N Infrastructure planning and development underway Excellent visibility with extensive frontage on Jackson School Road Unique opportunity for corporate facility/campus Potential for up to 2,300,000+ square feet Established natural environment adjacent to high-quality corporate development 1N NW 273RD AVE 275 acres in three parcels Approximately 225 net usable acres Divisible for qualified use PRELIMINARY SALE PRICE: $4.00/sf - $174,240/acre CALL FOR CURRENT INFORMATION & PRICING NW EVERGREEN RD NE 25TH
3 Attractive & Planned for Development Site Boundary: Storm Pond: Building 8 90,000 SF Paved Surface: Transportation Improvements Full Street: Frontage Road: NW JACKSON SCHOOL ROAD Half Street: Building 7 270,000 SF Building 6 15,000 SF Building 5Building 4 80,000 SF 80,000 SF Building 2 0 SF 3 75,50 Building 270,000 SF Building 1 75,500 SF Building ,500 SF Building ,000 SF Building ,000 SF Building ,000 SF Building 9 225,000 SF Building ,000 SF Corporate Development Site Comprehensive plan designation underway NW 273RD AVENUE Landscaping: Waible Creek Ready for annexation into the City of Hillsboro upon completion Property provides natural aesthetic Jackson School Road off US Highway 26 Direct access to regional transportation networks Central to residential, retail and commercial services Three family-owned parcels Divisible depending on size, location, and qualified use Ready for qualified buyer seeking institutional-quality, scale and location Site discovery information available including: Site profile, legal description and ownership information, site assessment, site and development characteristics, improvement cost summary, development opportunities, infrastructure/environmental/natural resource information, market and economic impact review and Jackson East Subarea Community Planning and Development Grant. sunsetcorridorland.com
4 !! WEST UNION JACKSON SCHOOL! MEEK WAIBLE CREEK SUNSET WAIBEL CREEK STOREY CREEK SUBAREA B STOREY CREEK SUBAREA A WAIBEL CREEK SEWELL 30TH 41ST SUNSET HUFFMAN W ES T UN IO N SUNSET-SHUTE BROOKWOOD HELVETIA SHUTE-SUNSET Jackson East Project In 2014, the Legislature through House Bill 4078 added approximately 545 acres to the region s Urban Growth Boundary (UGB). The City of Hillsboro has been awarded a Metro Construction Excise Tax (CET) Grant in the amount of $195,000 to fund necessary planning work for the 545 acres and an adjacent rural-residential area brought into the UGB in The entire project area, referred to as Jackson East, is generally bounded by Evergreen Road to the south, Jackson School Road and Waibel and Story Creeks to the west, Sunset Highway to the north, and the North Hillsboro Industrial Renewal Area to the east. EVERGREEN 25TH EVERGREEN Project Overview Project Area Subareas Industrial Renewal Area Urban Growth Boundar y (UGB) 100- Year Floodplain Proposed Roadway Extension City Limits Tax lots
5 Project Area Project Area Subareas STO REY CREEK SU N S ET H IG H W AY STO REY CREEK Jackson East Project City Limits Tax Lots 100-Year Floodplain W AIBLE C R EEK WAIBEL CR EEK SUBAREA A W AIBEL C R EEK M EEK The Jackson East Project began in June 2016 and will be completed by December Project planning will result in the adoption of Comprehensive Plan amendments, including the application of Comprehensive Plan Map designations to guide growth and development over the long-term. Though preliminary planning has been performed for several large lots within Jackson East, alignments, costs, and financing must be completed for utilities, public facilities, and services for the entire project area. This work will include planning for the Crescent Park Greenway the City s vision for a continuous green loop around Hillsboro with a multitude of recreation and ecosystem, and active transportation functions. JAC KSO N S C H O O L 25TH SUBAREA B SEW ELL EV ER G REEN While land within the project area was added to the UGB for employment, over three-quarters of project area tax lots are 5 acres or less. Project planning will involve preparation of a Master Plan to determine the urbanization of these rural-residential lots as residential, employment, and/or a mix of uses. EV ER G REEN
6 Sunset Corridor & North Hillsboro The Sunset Corridor stretches approximately 10 miles along US Highway 26, west from Downtown Portland. It is in the heart of Washington County, which has the strongest overall employment, job growth, and population demographics of any metropolitan county in Oregon. It is home to two of the Portland region s top employers Nike and Intel, which employ over 27,000 people in the area. Commonly referred to as The Silicon Forest, with over 30 years of history of major high-tech industry presence. The North Hillsboro industrial district is home to many of Oregon s largest and most economically critical industrial businesses. Forty-eight percent of the City s total jobs and 84% of the City s manufacturing jobs are in North Hillsboro. Total employment is over 32,000 with an annual average wage of nearly $110,000. Nearly onefifth of the region s manufacturing employment is located in the district. Overall average wages are 216% greater than the average wage in the Portland region.
7 City of Hillsboro Oregon Hillsboro is home to some of the best land, power and water resources in the country. As a result, many high tech and advanced manufacturing companies put down roots in Hillsboro. Hillsboro is particularly attractive for its manufacturing infrastructure, its technologically skilled workforce, its proximity to airports, major highways and interstates, and its businessfriendly climate. Washington County 30 minutes west of Portland» Easy access to State Highway 26 (East/West), Interstate 5 (north/south), Interstate 84 (east/west) Western terminus of a 33 mile metropolitan light rail line 30 miles to the Portland International Airport Hillsboro Airport is Oregon s busiest general aviation airport
8 THE LARGEST AND MOST ATTRACTIVE LAND SITE AVAILABLE IN THE SUNSET CORRIDOR The property is now available and ready for corporate utilization, development or investment. Although all information furnished regarding the property for sale is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, other conditions, prior sale, or withdrawal without notice and to any special conditions imposed by our principal or agency.
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