Western Real Estate Business

OCT 2017

Western Real Estate Business magazine covers the multifamily, retail, office, healthcare, industrial and hospitality sectors in the Western United States.

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C o n s i d e r P a s c o , W a s h i n g t o n ... Situated within the heart of the Tri-Cities metropolitan area of Eastern Washington, Pasco is the largest city in the million-acre Columbia Basin Irrigation Project. As an agricultural center, Pasco's infrastructure plays a major role in moving diversified agricultural products into domestic and world markets. Pasco is nestled at the convergence of the Columbia, Snake and Yakima Rivers—aesthetic and recreational charisma surrounded by natural beauty. Its diverse culture, thriving economy, public transportation, major medical facilities and award winning educational services provide a broad palette for economic and community resources. Recreational activities are limitless. With 300 days of sunshine, golf courses, bicycle and jogging paths, baseball and soccer fields, it's an outdoors enthusiast's dream! Interstate 182, US Highway 395 and State Route 12 link Pasco to transcontinental highways and the Port operates connec- tions via waterways, rail, and Washington's third busiest airport! For business or a place to call home, the City of Pasco has something for everyone. The Tri-Cities region has a population of over 275,000 and is ranked in the top ten fastest growing metropolitan areas and high technology communities in the nation. The 300 days of sunshine and access to the Columbia, Yakima and Snake Rivers makes this community rich in agricultural production and a popular recreation destination. Progress: Pride: Prosperity: One of the fastest growing Rated "Top Ten" in the City property tax down areas in the nation state for improvement 30% over twenty years Pasco has experienced rapid residential growth over the past decade, with population reaching just over 70,000 as of 2016. Its setting within the Tri-Cities metropolitan area and the related transportation will attract further growth over the next 10-20 years. The metropolitan economy is largely influenced by the Hanford Nuclear Reservation managed by the Department of Energy. Pasco's economy is substantially shaped by agriculture (raw production as well as value-added processing) and distribution (railroad, barge, air and highway). Some facts: ▲ No Business & Operations Tax ▲ Low Utility costs provided by Franklin PUD ▲ Adjacent to Port of Pasco ▲ Quick and easy access to I-82, I-84, I-182, and US HWY-395 ▲ Tri-Cities Airport, Port of Pasco at the Columbia River, BNSF Mainline— all inside the metropolitan area. City of Pasco | 525 N 3rd Ave, Pasco, WA 99301 Rick White | whiter@pasco-wa.gov | T - 509.545.3441 Community & Economic Development

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