Bremerton City Council sells Tracyton watershed for $1.4 million
June 11, 2008 · Updated 2:05 PM
The Bremerton City Council in a 8-1 vote Wednesday approved the sale of the Tracyton Watershed property for $1.4 million.
Bealko Inc. of Federal Way purchased the 39 acre plot and plans to construct about 100 homes on the property, about 23 acres of which are considered critical areas.
The company originally submitted a bid of $2.9 million in April, but revised its plans to preserve more of the open spaces and build fewer homes.
A handful of neighbors voiced their opposition to the sale at a public hearing preceding the vote.
Once its gone, its gone, said William Radford, who owns a gravel road that runs along the property.