By Laura Kostad
Northwest Farm Credit Services is moving into the bustling commercial area near Broadmoor Boulevard and Sandifur Parkway in Pasco.
The Spokane-based company has been making headway on the construction of its new $3 million building at 9915 St. Thomas Drive near the Road 100 exit. It is set to open in November.
Not far from the company’s current location on Bedford Street, Branch Manager Michael Babenko said business growth and the timing of their lease’s upcoming expiration prompted the move.
“The Columbia Basin is one of the most diversified and high-producing regions,” he said.
Even as rapid development in Tri-Cities has converted bordering agricultural land into suburbs in recent years, “processors are coming into the King City and Pasco area to capitalize on some of the best agricultural land in the country,” he said.
Ongoing growth in the region’s agricultural sector is due to the Columbia River’s ample water base, enabling the region to outcompete similarly arid, though more drought-prone land in California.
As drought patterns continue to pose threats to California’s agriculture industry, more and more companies are looking north to the Columbia Basin.
“This move helps us grow for the future,” Babenko said.