May 19, 201702:44 PMBlog
Port of Chehalis to receive $765K from state
Port of Chehalis will receive a $665,000 loan and a $100,000 grant from the Washington State Community Economic Revitalization Board for the Pinnacle Construction Project.
The prospective development consists of site preparation, including construction of earthwork, roads, underground utilities and storm water management, which will result in a nine-acre building pad.
The Port estimates that 234 jobs will be created and $30 million will be invested as a result of this project. CERB funds are matched by $1.4 million in local resources.
The funds are part of $4,956,250 in grants and low-interest loans for public infrastructure development and economic feasibility studies in nine counties across the state.