Metro Parks and Nature acquired the Eagle Creek Natural Area for $6.4 million, marking a significant step in ecological restoration efforts in the greater Portland area.
Information on the Target
The Eagle Creek Natural Area, recently acquired by Metro Parks and Nature, encompasses 553 acres adjacent to the Clackamas River, previously operated as a golf course. This strategic purchase aims to restore the land into a natural area that will support local fish and wildlife, enhance water quality, and preserve the region’s natural aesthetics. The acquisition marks a significant achievement for Metro, highlighting its ongoing commitment to environmental stewardship and habitat preservation in the greater Portland area.
This land purchase was facilitated by a combination of funding sources, including the Protect and Restore Land program associated with the 2019 voter-approved parks and nature bond. This historic deal allows for extensive ecological restoration within the region, ensuring that the natural beauty cherished by local residents is sustained for future generations.
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Industry Overview in Oregon
The parks and natural areas industry in Oregon has been a pivotal aspect of community development, with a growing emphasis on conservation and public access to green spaces. The state has seen a surge in public interest regardin
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Metro Parks and Nature
invested in
Eagle Creek Natural Area
in 2024
in a Other deal
Disclosed details
Transaction Size: $6M