Washington Land

Tuesday, May 08, 2007

Pope Resources plans on new residential land in Skamania County

The Columbian broke a story about Pope Resources (NASDAQ:POPEZ), a timber company based in Poulsbo, Washington plans of new residential land in Skamania County, Washington State.

While still in the planning states the company has submitted paperwork to the county for a recreational development offering up to 800 units of housing.

Skamania County could use the new deveopment as there seems to be a shortage of land for sale in that area compared with all the people who would like to live there. There is overflow demand from the Portland, Oregon and Vancouver, Washington urban areas. The company's proposal is to convert 3680 acres of land from forestland to residential/recreational use.

Most of the county is public forestland and the planned development is close to existing developed land with cabins on it.

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