Oak Street lot up for sale; hotel management company in negotiations to purchase

PORT ANGELES — Part or all of a waterfront lot on Oak and Front street could be sold to a hotel owner.

Owner Harry Dorssers says he is in negotiations to sell all or part of the 1.9-acre site that he purchased two years ago from the Port of Port Angeles.

Once slated to be the site of a hotel and city convention center — that high-profile project fell through in 2004 — Dorssers had planned to build a $30 million condominium complex on the property.

“We don’t have it sold yet,” Dorssers, owner of Monte Mare LLC, said from his cell phone in south France on Tuesday.

“We are negotiating to possibly keep half of it for the condos that we already have the building permit for.

“We are talking about selling part of the land, and keeping the financing to design and create the two projects together.”

He said he couldn’t give more details, or give an explanation about why he was selling — but added that he should be able to say more after he returns Aug. 14 to his Seattle area home.

The German-born developer and his wife, who has family in Port Angeles, also has a home in Monaco.

Dorssers, who purchased the property from the port in September 2006 for $797,113.19, declined to say who the potential buyer was.

Hotel owner and manager Lincoln Asset Management of Portland, Ore. was named as the buyer in a port commissioners meeting on Monday.

“The new developers are talking about putting a hotel there, but we haven’t seen any new drawings by them as of yet,” said Executive Director Bob McChesney, port executive director.

Lincoln Asset Management owns and manages hotels such as Comfort Inns and Suites, Best Western, Holiday Inn Express and others.

Phone calls to the company were not returned on Tuesday.

The 3.9 acre Oak Street property also includes two adjacent acres owned by the state Department of Natural Resources.

It lies along the harbor’s waterfront and the Valley Creek Estuary — and is not subject to development.

As part of building the condo project — about 80 percent of the condos would have been built at least 200 feet from the water — there would have a park near the water, and the Waterfront Trail would have been re-routed through the DNR property.

Under terms of the sale to Dorssers, the Port of Port Angeles had the opportunity to buy back the 1.9 acres if he wanted to sell.

The Port waived that right permanently on Monday.

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