Several Tri-City hotels and motels have already been purchased by this company, but the Clover Island Inn is raising eyebrows.

OREGON FIRM HAS CONTRACT TO BUY CLOVER ISLAND INN-CONVERT TO MICRO APARTMENTS

 As reported by the Tri-City Area Journal of Business this month, Fortify Holdings of Beaverton, OR has a contract in place to purchase the Clover Island Inn. Built in 1977, it last sold in 2001, according to the Journal, to the Clover Island Development Company for $946,300.

 Fortify Holdings has already purchased several area hotels, most recently the Loyalty Inn on Lewis St. in Pasco.  The company buys hotels and motels and refurbished them into various apartment, micro-apartment, and townhouse configurations.

 HOUSING TOUGH TO FIND IN TRI CITIES

It's tough to find housing in our area, and Fortify says these moves will create more affordable options. Based upon the few actual price points we've seen these do not, so far, appear to be low-income housing units.

CLOVER ISLAND MOVEMENT TORPEDOES UPCOMING EVENTS

There could be a sticking point with Clover Island, as Fortify wants the Port of Kennewick to sell them the land they own besides the Inn.  It is not known, if that happens, what would become of the dock and boating facilities, and the lighthouse that was added as part of the Port's development over the years.

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We've also learned of a number of bookings and events that have been canceled due to the pending sale (possible) March 1st.

One Kennewick family told us their daughter had planned and booked her wedding at the Lighthouse for July 4th of this year, and the reception at the Inn. However, this week, the Inn called them and had to cancel both contracts. They said  "The hotel emailed us and told us that if the hotel is sold, they will find out March 1. If it is, the takeover will happen immediately."

Due to this uncertainty, they are having to cancel any and all such events planned after March 1st.  The exact number of events being canceled is not known. It is also not known what the employment status of the staff currently operating the hotel will be, either.

 

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