Ueland Tree Farm

Bremerton West Ridge

 

 

 

 

 

June 24, 2010

Dear friends and neighbors,

My wife and I recently acquired 470 acres of property from Port Blakely. This property is just east of (and adjacent to) the 1,700+ acres we acquired from Port Blakely in 2004. Some of you may recall that 440 of these 470 acres were annexed by the City of Bremerton in the year 2000 as part of a master plan mixed use development.

While we weren’t actively seeking to acquire the property, Port Blakely approached me three or four years ago about our interest in expanding our land holdings in the area. Following numerous off and on casual conversations, we were fortunate to close a purchase transaction in late December 2009. For accounting reasons, we set up a new company, Bremerton West Ridge, LLC, for the purchase.  

At this stage we have no development plans for the new property. Our near-term focus is on our existing Ueland Tree Farm property, including: completing the permitting process, beginning mineral extraction, developing a new non-motorized parking area and trail system, and finalizing the ”Forest Stewardship Council” (FSC) certification to assure that the tree farm is managed sustainably. In addition, we may do some selective harvesting of Poles off of Bremerton West Ridge property within the next year if timber prices remain firm.

At this time we do not have any plans or even a clear long-term vision for the Bremerton West Ridge property, other then we seek a  fair long-term rate of return on our investment while  being environmentally and socially responsible. This is the same approach we took with the 1,720 acre Ueland Tree Farm. Once we do shift our attention to how (or even if) the 440 acres should be developed, we will invite the community (local residents, environmental groups, Suquamish Tribe, City of Bremerton, Kitsap County, and other interested parties) to participate in discussions about what is appropriate for these lands. Please don’t hold your breath waiting for the planning process to start because at this stage we don’t even have a timetable in mind.

Both the Bremerton West Ridge property (470 acres) and Ueland Tree Farm (1720 acres) continue to be open to the general public for non-motorized recreational purposes. Please send me an email at craig@uelandfamily.com if you have any questions.

Thanks, Craig Ueland

 

 

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