Gearhart explores $1.19M purchase of public safety site
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Description
The City of Gearhart Council discussed a prospective purchase of 1.65 acres at 1175 Pacific Way from Palmberg/Hanson for an offered $1.19 million to support future public safety and municipal facility needs. The acquisition remains contingent on voter bond approval and completion of extensive due diligence before any final purchase and sale agreement is approved.
Contract Details
Contract Amount
$1.19 million (offer on property; listed purchase price $1.25 million)
Vendor
PALMBERG/HANSON
Agency
City of Gearhart, OR
Contract Type
FACILITIES
Document Date
February 20, 2026
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