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Willow Creek draft feasibility study shows up to $91 million potential investment; payback timing depends on utility and blasting costs
Summary
A draft feasibility study for the Willow Creek redevelopment area estimates roughly $91 million in potential private investment across three phases and identifies $11.7 million in potential agency/city projects; including utilities and blasting pushes a payback horizon to about 2042, while removing those costs accelerates payback to about 2038 under moderate revenue assumptions.
Brad presented a draft economic feasibility study for the Willow Creek area, describing the roughly 100-acre study area, geotechnical constraints and cash-flow scenarios the agency should consider.
Brad noted shallow rock in portions of the site that may require additional blasting and site work. Including estimated costs for rock removal and extending public…
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