Estimated Finished Value: $70,000,000
2 Creeks is a luxury condominium community located between the Camas Meadows Golf course and the Lacamas Lake Heritage Trail in Camas, WA.
The land was originally developed as a residential community but was sold during the financial downturn. Romano Capital acquired the project in 2016 to complete the original development and then use its construction company to build the luxury condos.
Currently, the project is approaching completion with 75 homes completed or under construction. The new condominiums sit adjacent to holes two and three of the Camas Meadows Golf Course.
Once complete, the community will consist of 122 homes out-fitted with a clubhouse, workout room, pool, spa, sauna and pickle-ball courts.
The land at 1st St and 192nd Ave is currently undeveloped, with nine acres in the planning stages. The lot is located between Costco and Union High School on 1st St.
The parcel was formerly owned by the Evergreen School District as part of the Union High School Campus. The land was unused by the district and seen as a high value development opportunity.
Currently the land is being developed with multiple end users in mind. The parcel is being engineered for mixed uses including office, retail and residential. Once complete, the development will include a vibrant mix of tenants and services.
Status: Under Construction
Estimated Finished Value: $67,000,000