Eaty Gourmet Announces Development In Tri-Cities Opportunity Zone
Eaty Gourmet LLC is planning a culinary and entertainment center in a Pasco opportunity zone. Osprey Pointe is a 52-acre site along the Columbia River that is in one of 139 opportunity zones in the state. The site is on the south side of East Ainsworth Avenue and is owned by the Port of Pasco. It's under an exclusive letter of intent with Eaty Gourmet. The first phase of the project will begin in spring 2020 and should be complete by 2022. It is projected to cost $52M.
“It’s a multifaceted agreement that took a lot of effort by both parties to shape,” Eaty Gourmet Chief Visionary Officer Mitch Gilbert said. “Together we are committed to expanding the community’s economy and adding to its vitality.”
Gilbert's experience includes sales, marketing and business development that includes work with GE Capital, InfoSpace, Vanstar and UnionStreet.com, as well as startups Northern Professional and Shoreline's Grinders Hot Sands.
Osprey Pointe will be designed as a lifestyle resort that capitalizes on the state’s wine and culinary industries. The new development will include a food and wine hall, a boutique hotel and culinary education center. It will have a waterfront courtyard plaza that will host events, festivals and amphitheater concerts.
“The Port Commission has always believed that Osprey Pointe is a special place to create investment and opportunity in Pasco,” Port of Pasco Port Commission President Jean Ryckman said.