Kirkland Development to develop waterfront apartment in southern Washington

Kirkland Development has plans to develop The Ledges at Columbia Palisades, an entitled 90-unit apartment and 51 condominium project located at 19801 East Ascension Loop in Camas, Wash. Parkview Financial has provided a $42 million construction loan.

The project sits at the border of Vancouver, Wash., with downtown Vancouver located 10.5 miles to the west and downtown Portland, Ore., about 16 miles south. It is anticipated for completion in 2022.

Situated on 1.3 acres and consisting of two buildings, The Ledges at Columbia Palisades is perched on a hill overlooking the Columbia River. The 192,701-square-foot project will consist of five stories as well as two partially subterranean parking levels with 231 parking spaces. The apartment component will consist of 18 studios, 51 one-bedroom units, and 21 two-bedroom units with an average size of 715 square feet. The condominium component will consist of 42 two-bedroom units averaging 1,266 square feet and nine three-bed