Metro Parks and Nature has successfully acquired the 553-acre Eagle Creek Natural Area, transitioning it from a golf course to a revitalized natural habitat, bolstered by public support and significant funding.
Information on the Target
The Eagle Creek Natural Area, recently acquired by Metro Parks and Nature, spans 553 acres and is located adjacent to the Clackamas River. This site was previously part of the Eagle Creek Golf Course and has been on the market since 2021. The acquisition has been hailed as a pivotal moment for both Metro and the greater Portland area, reflecting the commitment of local stakeholders to preserve and restore natural spaces. The family-run partnership that operated the golf course decided to sell the land due to various economic difficulties, including a critical shortage of water resources.
James Bastasch, a representative of the property owners, expressed pride in their family's management of the golf course for over two decades, stating that the decision to sell was aimed at finding a nonprofit organization that would uphold the land's integrity. This vision, shared by his parents prior to their passing, has been actualized through the collaboration with Metro aimed at enhancing the ecological health of the area.
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Industry Overview in the Target’s Specific Country
The acquisition of Eagle Creek Natural Area is part of a broader movement within the United States to prioritize environmental conservation, particularly in regions with rich natural resources. Local governments and organizations increasingly recognize the
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Metro
invested in
Eagle Creek Natural Area
in 2025
in a Other deal
Disclosed details
Transaction Size: $6M