Port of Bremerton interested in Bay Street property

port orchard

Update: The commission approved signing a right of first refusal agreement on the Nordic property Tuesday. Commissioner Larry Stokes abstained, saying he is personal friends with the owner.

The Port of Bremerton is securing the option to buy a chunk of Port Orchard waterfront.

Port commissioners will vote Tuesday on a right of first refusal agreement with Nordic Properties for about 2.5 acres of upland and tideland adjacent to Yachtfish Marine. Nordic Properties President Roger Jensen has already signed the agreement.

nordicThe contract would give the port the option to buy the land if it finds a prospective tenant in need of a shoreline site. The Bay Street property is zoned industrial.

“It’s just one of the few properties left where you have access to the waterfront there,” port CEO Jim Rothlin said.

The port has good reason to seek commercial space on the shoreline. Its business properties in the freshly-rebranded Puget Sound Industrial Center are landlocked, which limits their usefulness for some maritime companies.

Other shoreline properties owned by the port are largely devoted to marinas, piers and boat ramps.

The combined assessed value of the seven Nordic parcels (outlined in red in the inset image) is about $200,000 according to county documents.

The port commission meeting begins at 6 p.m. Tuesday at Bremerton National Airport. The agenda packet is posted below:

2014-09-09_Agenda_Pkg

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