Sale not imminent on Moses Pointe property
Matthew Weaver/Columbia Basin Herald<br>Moses Pointe 1 (one person plus) <br>Sam Knutson prepares to take a practice shot before a tournament Tuesday morning on the Moses Pointe golf course. A sale on the Moses Pointe project is not imminent, says a Westshore Improvement development manager, although several groups are looking at it.
Most serious purchasers would continue project
MOSES LAKE — While prospective buyers are still eying the property upon which Moses Pointe Golf Resort sits, a sale is not quite imminent, according to a representative.
Scott Wagner, development manager for Westshore Improvement, LLC, owner of Moses Pointe, said that the project, located at 4507 Westshore Drive, has been for sale for a couple of years.
"There's several groups that are looking at it," Wagner said. "There's no purchase and sale agreements signed with anybody. There's still a lot of things that could go wrong before (a) sale is completed."
Wagner said that the project is not to the point of feasibility studies or the like.
"We've been marketing, working with different groups (but there's) no imminent sale," he said. "I could list off 100 people that have looked at it."
The primary reason for the sale is that the largest percentage owner in the project is 73 years old, Wagner said. The project has taken longer to complete than was originally planned, and he wants to retire.
"There's many reasons why it's a great piece of property," Wagner said, emphasizing the quality of the Moses Pointe golf course and restaurant, the Steakhouse. In addition, "all of the development permits are in place and good standing to complete the project."
He said that the several serious purchasers with the expertise and financial resources to really purchase the project would all be working towards completing it as it's already been laid out, and working on developing it out as a resort project.
"The golf course and restaurant would not change much," Wagner said. "Lots of additional amenities would be coming."
The entire 396-acre development, when completed, would include residential housing and condominium units, a retail village, commercial and hotel, Wagner said. In addition, he said there has long been talk of having a water park as part of the hotel, and many lakefront activities.
The Moses Pointe project has been in the works since about 1992, Wagner said.