Waterfront Industrial Property Assessment and Feasibility Study
The City and Borough of Wrangell conducted a feasibility study in 2015-2016 of the former Silver Bay Logging Mill property (at 6 mile Zimovia Highway) to evaluate redevelopment opportunities and potential for public investment in the site. The feasibility study evaluated constraints and opportunities for the property along with risks and costs.
Maul Foster & Alongi is the planning firm that assisted the Borough with the due diligence required.
Several Open House to learn about the project and to talk to the public and stakeholders about the development potential for the site, development concerns, and investment opportunities were held. The team conducted site investigations and analyzed costs for land development and looked at the current market demand. The final report of their findings and recommendation was completed June 2016.