Vancouver City Council Meeting Minutes April 8, 2024
Waterfront Gateway Ground Lease Approved with LPC West LP
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Description
Council authorized the City Manager to execute a 50-year ground lease (with two 15-year extensions) with LPC West, LP for the Waterfront Gateway site, enabling large-scale mixed-use development.
Contract Details
Vendor
LPC WEST LP
Agency
City of Vancouver, WA
Contract Type
FACILITIES
Document Date
April 8, 2024
Contract Term
50-year term plus two 15-year extensions
Renewal Info
Lease includes two 15-year extension options beyond initial 50-year term.
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