Ecotrust Forest Management announces the acquisition of Onion Peak, 5,000 acres of coastal forestland.
Last week, Ecotrust Forest Management (EFM), a for-profit subsidiary of Ecotrust, announced the acquisition of nearly 5,000 acres of coastal forestland from Stimson Lumber Company. The forested acreage, known as Onion Peak Holdings, shares a boundary with the beloved Oswald West State Park and lies at the heart of the “Coastal Edge” — an area identified as such by the North Coast Land Conservancy between Tillamook Head and Nehalem Bay, where rocky peaks rise abruptly 3,000 feet right next to the ocean, creating dramatic views and supporting a unique compressed ecosystem unlike anywhere else in Oregon.
In recognition of the property’s unique conservation values, EFM also entered into an agreement with the North Coast Land Conservancy (NCLC) for the future acquisition of approximately 3,500 acres. EFM will manage the remaining acreage in accordance with FSC-certified, ecological forest management principles. The agreement creates an opportunity for NCLC to raise the public and philanthropic funds required to buy the forestland in phases over the next five to seven years. If successful, the deal will become the largest single private purchase of land for conservation in western Oregon. And, it would create the first place in Oregon, and one of few places in the world, where an entire coastal watershed is permanently conserved, from the headwaters to the ocean.
Samuel Boardman, Oregon’s first state park superintendent, originally envisioned this property as an extension of Oswald West and Nehalem Bay State Parks due to its outstanding natural and recreational value. He hoped that, altogether, it would become “one of the outstanding natural parks in the nation,” stretching from the ocean shore to the tops of the adjacent coastal-fronting mountains.
EEFM is a privately held forestland investment and management company, based in Portland, Oregon. Founded in 2004, the company has a 12-year track record of managing ~32,000 acres in Oregon and Washington on behalf of its clients. Our management is certified by the Forest Stewardship Council (FSC) and our forests are managed to produce a full range of goods and services — logs for mills, clean water for communities, carbon sequestration and biodiversity — for the benefit all our stakeholders. Our 11-person team has deep local experience in forestland investment and management, finance, tax credits, and environmental markets. EFM is proud to be a top 50 Impact Fund Manager and among the top 10% of BCorps globally since 2013. Learn more at www.ecotrustforests.com