Langley withdraws from Blue Heron site

Langley withdraws from Blue Heron site

Langley Investment Properties has decided not to pursue a project at the bankrupt Blue Heron Paper Co. mill.

One deal for the site has already collapsed. Eclipse Development of California prevailed in a bankruptcy auction but was unable to raise the $4.1 million needed to close the deal.

If another buyer is found, the developer will face a tangle of permitting and structural challenges.

Read more at Portland Business Journal