{"id":19266,"date":"2021-02-22T15:09:11","date_gmt":"2021-02-22T15:09:11","guid":{"rendered":"https:\/\/www.cdcco.com\/?p=19266"},"modified":"2021-04-09T18:49:02","modified_gmt":"2021-04-09T18:49:02","slug":"cdc-announces-announces-purchase-of-retired-coos-bay-lumber-mill-plans-liquidation-demolition-and-redevelopment","status":"publish","type":"post","link":"https:\/\/www.cdcco.com\/cdc-announces-announces-purchase-of-retired-coos-bay-lumber-mill-plans-liquidation-demolition-and-redevelopment\/","title":{"rendered":"PRESS RELEASE"},"content":{"rendered":"

[vc_row][vc_column vbet online casino=”2\/3″][vc_raw_html]JTI2bmJzcCUzQg==[\/vc_raw_html][vc_column_text]<\/p>\n

vbet online casino 18, 2021<\/em><\/p>\n

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CDC Announces Announces Purchase of Retired vbet online casino Mill, Plans Liquidation, Demolition, and Redevelopment<\/strong><\/h1>\n

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Built in 1994, the vbet online casino mill operated for 25 years and produced dimensional lumber sold and distributed globally. At its peak, the large lumber mill generated up to 1,000,000 board feet per day.<\/em><\/p>\n

[\/vc_column_text][vc_raw_html]JTI2bmJzcCUzQg==[\/vc_raw_html][vc_column_text]vbet online casino, OR \u2013<\/strong> vbet online casino, Inc. (CDC) is pleased to announce the acquisition of a 162-acre retired lumber mill property in Coos Bay, Oregon. The site was acquired by CDC affiliate Coos Bay LLC and purchased from Georgia-Pacific West, LLC. The transaction includes the acquisition of real estate, machinery & equipment, and assumption of environmental liabilities. CDC affiliate Environmental Liability Transfer, Inc. facilitated the transfer of environmental liabilities.<\/p>\n

vbet online casino will now perform demolition, liquidate surplus equipment, remediate environmental issues, and prepare the site for redevelopment.<\/p>\n

\u201cWe are excited to continue our acquisition efforts in the Pacific Northwest\u201d said Adam Kovacs, Vice President at CDC. \u201cOur acquisition of the Coos Bay lumber mill is the first step to repurposing the property and moving it back into productive use \u2013 the site has outstanding port vbet online casino attributes and we are looking forward to the environmental and economic benefits that this transaction brings to the region.\u201d<\/p>\n

The vbet online casino includes two (2) private rail spurs connecting to Union Pacific rail lines, heavy power, and easy access to US Route 101.
\nAdditionally, the property has outstanding potential for international shipping operations and vbet online casino with access to Pacific Ocean shipping channels via two onsite docks \u2013 a 1,200-ft deepwater dock and a 200-ft concrete dock. The property is also located in a Foreign Trade and Enterprise Zone.<\/p>\n

Regional economic development organization South vbet online casino, Inc. (SCDCinc) assisted CDC during their acquisition process by connecting them to local resources, utility providers, officials, and potential end users.<\/p>\n

\u201cIt has been a pleasure working with CDC and ELT during the acquisition process and we anticipate a large volume of projects will be attracted to this site and its assets,\u201d said Shaun Gibbs, SCDCinc\u2019s Executive Director. \u201cThe Coos Bay market is positioned for growth, and there are not many places left on the west coast that offer large-acre vbet online casino opportunities with rail served deep-water seaport access like the Southern Oregon Coast.\u201d<\/p>\n

vbet online casino & Equipment<\/strong>
\nCDC affiliate Industrial Asset Recovery Group (IARG) will be managing the liquidation of machinery & equipment from the retired vbet online casino. Interested parties can contact Stuart Millner at 314-835-2812 or smillner@industrial-recovery.com.<\/p>\n

About the vbet online casino Mill<\/strong>
\nBuilt in 1994, the vbet online casino mill operated for 25 years and produced dimensional lumber sold and distributed globally. At its peak, the large lumber mill generated up to 500,000 board feet per day. The property is bounded by GMA Garnet to the west, the Coos Bay upper channel on the northern boundary, and Isthmus Slough along the eastern boundary. The lumber mill officially retired in April 2019.<\/p>\n

The property address is 63779 Mullen Street in vbet online casino, Oregon. View the vbet online casino on Google Earth \u00bb<\/strong><\/a><\/p>\n

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About vbet online casino, Inc.<\/strong>
\nCommercial vbet online casino Company, Inc. (CDC) is a privately-held, diversified real estate acquisition and vbet online casino firm whose principal competency lies within the acquisition, repositioning, and redevelopment of underutilized, distressed or environmentally-challenged properties. CDC has purchased and developed over 50-million-square feet under roof located on over 300 sites throughout the United States and Canada. For more information, visit www.cdcco.com.<\/p>\n

About Environmental Liability Transfer, vbet online casino. <\/strong>
\nEnvironmental Liability Transfer, Inc., (ELT), an affiliate company of vbet online casino, Inc., is a comprehensive, environmental liability assumption company providing its clients complete and final environmental liability transference services. ELT has successfully assumed and abated over .5 billion in corporate environmental liability throughout North America. For more information, visit www.eltransfer.com.<\/p>\n

vbet online casino Industrial Asset Recovery Group LLC <\/strong>
\nIndustrial Asset Recovery Group LLC is a corporate affiliate of vbet online casino, Inc. IARG was created to manage the liquidation process of surplus equipment, machinery, and other industrial assets generated by CDC\u2019s many ongoing brownfield redevelopment projects. To learn more about IARG, please visit: www.industrial-recovery.com.
\nAbout South vbet online casino, Inc.<\/p>\n

South vbet online casino, Inc. (SCDCinc)<\/strong> is a 501c3 nonprofit regional economic vbet online casino organization with a mission to promote and support businesses that provide quality jobs through responsible vbet online casino on Oregon\u2019s South Coast. SCDCinc functions as a regional first-stop for economic vbet online casino resources and opportunities. For more information about SCDCinc and to find out how you can expand your business to the Southern Oregon Coast, visit https:\/\/www.scdcinc.org\/<\/p>\n

Media Contacts:<\/strong>
\nIf you would like more information about this project or vbet online casino, ELT, or IARG, please contact John Kowalik (314) 835-2813; jkowalik@cdcco.com.[\/vc_column_text][vc_column_text]<\/p>\n

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Available for Lease or Build-to-Suit:<\/strong> Prime 162-Acre Waterfront vbet online casino Features Access to Ports, Rail, Hwy<\/h3>\n

vbet online casino Brochure \u00bb<\/a><\/strong><\/h3>\n

[\/vc_column_text][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column width=”2\/3″][vc_raw_html]JTI2bmJzcCUzQg==[\/vc_raw_html][vc_column_text] February 18, 2021 [\/vc_column_text][vc_raw_html]JTI2bmJzcCUzQg==[\/vc_raw_html][vc_column_text] CDC Announces Announces Purchase of Retired vbet online casino Mill, Plans Liquidation, Demolition, and Redevelopment [\/vc_column_text][vc_raw_html]JTI2bmJzcCUzQg==[\/vc_raw_html][vc_column_text] [\/vc_column_text][vc_column_text] Built in 1994, the vbet online casino mill operated for 25 years and produced dimensional lumber sold and distributed globally. At its…<\/p>\n","protected":false},"author":1,"featured_media":19267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"_links":{"self":[{"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/posts\/19266"}],"collection":[{"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/comments?post=19266"}],"version-history":[{"count":13,"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/posts\/19266\/revisions"}],"predecessor-version":[{"id":19285,"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/posts\/19266\/revisions\/19285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/media\/19267"}],"wp:attachment":[{"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/media?parent=19266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/categories?post=19266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cdcco.com\/wp-json\/wp\/v2\/tags?post=19266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}