City hosts Park Pointe open house Thursday
July 20, 2010
By Warren Kagarise
NEW — 10 a.m. July 20, 2010
Bring questions about a landmark proposal to preserve more than 140 forested acres to a Thursday open house hosted by the city and Issaquah Highlands developer Port Blakely Communities.
The proposal aims to preserve the undeveloped Park Pointe site near Issaquah High School and foster additional growth in the highlands.
If city officials and landowners can pull off a proposed transfer of development rights, about 140 forested acres will be preserved — 102 acres at the Park Pointe site on lower Tiger Mountain and 43 acres adjacent to the highlands.
Stop by Blakely Hall in the highlands, 2550 N.E. Park Drive, between 6:30-8 p.m. to review maps, ask questions about the proposal and offer input.
Mayor Ava Frisinger proposed the swap in 2008, but the process slowed after the previous Park Pointe owner, Wellington Park Pointe LLC, declared bankruptcy. In March, a Seattle bank foreclosed on the property.
The city, Port Blakely and King County must complete several complicated measures in order for the process to succeed. The three parties must update long-term growth agreements to accommodate the changes.
The developer could be allowed to build 500 more residences in the highlands. In addition to preserving Park Pointe, the proposal calls for Port Blakely to spend about $500,000 for transportation upgrades in the highlands, and build a mountain biking course in the community.
Find a proposed timeline for the planned transfer of development rights, proposed agreements and environmental reports here.