Pendleton providing land for apartment developer

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Associated Press

Posted on March 8, 2013 at 9:02 AM

PENDLETON, Ore. (AP) — Hoping to solve an apartment shortage, the city of Pendleton has given a Portland developer roughly 12 acres of land to build what is expected to become an 80-unit development.

The East Oregonian newspaper (http://is.gd/ufbPg3 ) reports that Walker Ventures LLC plans to build off Highway 37, on the site of a rifle range used by city police.

The City Council on Tuesday also agreed to spend $49,000 for engineering and architectural planning. Walker Ventures will repay the money if it follows through on its plan. If it doesn't, the city will use the information to attract another builder.

The newspaper reports that the council unanimously approved the deal, but some councilors questioned the developer's plan to build expensive housing.

Walker Ventures plans to charge $800-$1,200 a month for the apartments.

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Information from: East Oregonian, http://www.eastoregonian.info

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