WSU Group Buying Land for Expansion of RiverPoint Campus

Cougar Property Holdings is buying up property near the Riverpoint Higher Education Park to hold for a future expansion of the Washington State University outpost.

The nonprofit corporation, formed by the WSU Foundation earlier this year, has acquired a 91-year-old warehouse from Jensen-Byrd Co. south of the Riverpoint campus, as well as a 3.5-acre vacant parcel north of the campus. It also is in the process of buying two more properties south of the Riverpoint campus.

Cougar Property Holdings’ says it has spent just over $4 million on the purchases, which will be used eventually to expand the 48-acre campus on the south bank of the Spokane River just east of town. It will hold the property until the Pullman-based university needs them for expansion of its Spokane outpost.