Forterra purchased the 39 acre back nine for $7.125 million in February 2016. Forterra purchased the remaining 50 acre front nine for $3 million in May 2016. The nonprofit, which is devoted to regional sustainability, financed these property purchases through a loan with the help of a number of civic leaders to avoid imminent residential subdivision of these unique properties.
The acquisition allows the community to turn its full attention to raising the permanent acquisition funds for the property and the sale must be done by February 2019. Forterra will work alongside OneBothell, the City of Bothell, King County, and the State to assemble funding so that the property can be preserved for the long term. In total, we need to raise approximately $11 million to pay off the loan.Donate