8A
THE DAILY ASTORIAN • TUESDAY, NOVEMBER 24, 2015
Land: ‘We just
Power: State has already helped the project
want them to build
something ... that ¿ ts
the neighborhood’
Continued from Page 1A
with an eye toward building
an upscale neighborhood on
the former Central School
site. On the side fronting Je-
rome Avenue, the plan was
to build homes that comply
with the Americans with
Disabilities Act for aging
residents, with room to add
elevators. The half of the lot
fronting Irving Avenue was
planned as three-story Vic-
torian- and Craftsman-style
homes. The project passed
various hurdles in the As-
toria Planning Commis-
sion, City Hall and Historic
Landmarks Commission but
ultimately fell victim to the
housing market crash during
the Great Recession.
The principal agent for
Riverview Partners, local
developer Mitch Mitchum,
was not immediately avail-
able for comment.
In 1996, the city had also
approved plans for a 28-unit
multi family housing cluster
for the property. But the de-
veloper died before the proj-
ect could be started.
Hanson said there is the
possibility some of the lots
could be separate homes,
adding Krueger is leaning
toward townhouses and
apartments.
“We haven’t presented
any concepts,” Hanson said.
“We were hoping that this
series of meetings helps us
propose a concept.”
Continued from Page 1A
“We are not naive to
think that it’s not going to be
built, that the property will
never be built,” said Dennis
Scovel, who bought a house
at the corner of Jerome Av-
enue and 10th Street in the
mid-1990s. “We just want
them to build something
aesthetically that ¿ ts the
neighborhood.”
The neighborhood went
through a lot to be designat-
ed historic, Scovel said, and
neighbors want something
that ¿ ts in with that histori-
cal look of the surrounding
Victorian, Craftsman and
other historical homes. He
said Hanson, during an ear-
lier visit to his house, de-
scribed a project similar to
Krueger’s other apartment
structures at Mill Pond and
Yacht Club.
One thing neighbors are
opposed to, Scovel said, is
the rezoning of the lots from
medium-density R2, which
permits single-family homes
and duplexes outright and
multifamily dwellings on
condition, to high-density
R3. He and other property
owners have shown support
for single-family homes on
the site.
History
Riverview Partners ac-
quired the 14 lots in 2006
A bill in the Legislature
earlier this year would have
required Portland General
(lectric and Paci¿ c Power
to purchase electricity from
WindFloat under 20- to 25-
year agreements. The leg-
islation died in the face of
opposition by the two compa-
nies, industries that use large
amounts of power, the ¿ shing
industry and the Citizens’ Util-
ity Board.
Oregon has already helped
the project ¿ nancially. The
Oregon Wave Energy Trust,
which received $1.96 mil-
lion from the state during the
2013-2015 biennium, awarded
a $99,000 grant to Principle
Power which helped the com-
pany secure a $4 million U.S.
Department of Energy grant,
according to Business Oregon.
Monday was the second,
and apparently the last, meet-
ing of Brown’s WindFloat
advisory committee. On Mon-
day, committee chair and state
Rep. Caddy McKeown, D-Co-
os Bay, instructed members to
submit written comments by
Dec. 15 to be incorporated into
a report to Brown by Jan. 15.
“I was hoping we would
not be scheduling another
meeting,” said McKeown,
who spoke little during the
meeting on Monday.
In contrast, committee
member state Sen. Betsy
Johnson, D-Scappoose, pep-
pered executives from Prin-
ciple Power with questions
throughout the two-hour meet-
ing. Johnson asked how much
space each À oating turbine
would cover — executives
said each has a radius of 1,000
feet — and why other inves-
tors, including the oil company
Shell, cannot ¿ ll the project’s
funding gap.
“Shell’s got plenty of mon-
ey,” Johnson said. “I don’t
think there’s a lack of interest.
Some of us are just concerned,
who pays and how much?”
Principle Power CEO Joao
Metelo said companies are in-
vesting in the technology, but
they also need proof that the
project can be ¿ nanced.
The power purchase man-
date in the bill in the Oregon
Legislature earlier this year,
House Bill 2216, could have
generated an estimated $23
million annually for the proj-
ect, said Oregon Public Utility
Commission chief operating
of¿ cer Michael Dougherty.
That would have generated a
total of $460 million to $575
million for Principle Power,
if the utilities had signed 20
to 25-year contracts to buy the
electricity.
For residential ratepayers,
it could have cost up to 35
cents a month on their power
bills.
A two-turbine pilot proj-
ect could cost $150 million to
$180 million, and a three-tur-
bine project could cost $210
million to $250 million, ac-
cording to a Principle Power
presentation.
Johnson also asked Prin-
ciple Power executives why
they were no longer trying to
sell power to the Jordan Cove
liqui¿ ed natural gas project,
which they were exploring a
couple years ago.
Kevin Banister, Princi-
ple Power’s vice president of
business development in the
Americas and Asia, said the
company approached multi-
ple industrial power purchas-
ers but “there’s sticker shock
for some of those players as
well.” Due to delays in the
Jordan Cove project, Banister
said Principle Power could
not secure a power purchase
agreement with the developer
in time to meet the May 2016
deadline for the federal grant.
Michael Hinricks, director
of public affairs for Jordan
Cove, gave a different reason
why Jordan Cove develop-
ers are no longer discussing
a power purchase agreement
with Principle Power. Hin-
ricks said Jordan Cove was
waiting for Principle Power to
complete a study of how the
offshore wind project would
impact the grid.
“There wouldn’t be any
(discussions) with us, because
we’re waiting on their inter-
connect study,” Hinricks said.
The price of WindFloat’s pow-
er was also an issue for the
Jordan Cove project, although
Hinricks said Jordan Cove’s
developers were interested in it
because “it’s supporting green
technology.”
Jeff Bissonnette, policy di-
rector for the Citizens’ Utility
Board and a registered lob-
byist, said perhaps there might
be other ways the state could
support the project so ratepay-
ers would not directly shoul-
der as much of the ¿ nancial
burden. Bissonnette reiterated
comments by utility represen-
tatives that rates should not be
used to pay for research and
development projects, nor for
economic development.
“It seemed like it was the
ratepayers of two utilities be-
ing asked to kind of bear this
research burden in pushing the
technology forward,” Bison-
ette said. “To the extent there
are bene¿ ts to the state, that
there is interest by the state,
why isn’t there more of a dis-
cussion of a shared burden?”
The Capital Bureau is a
collaboration between EO Me-
dia Group and Pamplin Media
Group.
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