Banfield Pet Hospital plans to move its corporate headquarters to the Columbia Tech Center, 10 miles north of its current Portland site in east Vancouver, Washington.
According to Vancouver city officials, Banfield plans to expand from a 152,575 sq. ft. facility to a new 230,000 sq. ft. campus and to add employees over time. New buildings will be added with an estimated construction value of $36 million. Banfield’s total capital investment will be $48 to $67 million in real property and $10 to $14 million in personal property.
“Banfield is a great fit for this community, and their recent announcement speaks volumes about the many positive qualities of Vancouver that make it an attractive place for employers to grow their businesses and for their employees to live,” said Chad Eiken, Community and Economic Development Director for the City of Vancouver.
“We are extremely pleased that Banfield has selected Vancouver as its future home base, which will allow this important employer to expand while remaining in the metro area,” Eiken continued. “This was a team effort in the best sense of the word, and CREDC did an incredible job of ‘quarterbacking’ this recruitment in working with the City, the state, and other community partners.”
“While there is more work to be done to finalize commitments on both sides, I’ve been very impressed by the collaborative approach that the Banfield executives have taken to ensure that there are mutual benefits to both the company and the community through this relocation,” Eiken said.
The City worked with its economic development partners, including; Columbia River Economic Development Council, Greater Portland Inc., the Washington Department of Commerce, Washington State University Vancouver, Clark College, and SW Washington Workforce Development Council - to keep this important employer in the Vancouver/Portland region.