Macht said he couldn’t imagine Portland’s leadership allowing a project like the oil terminal to site near upscale residential development along the Willamette River. “Suppose you were trying to develop downtown Portland’s South Waterfront or RiverPlace where the Pearl (District) meets the river and the Port of Portland made a decision to put coal or oil trains running next to the river,” Macht said. “That would kill the project.” Macht has a keen interest in the waterfront project, having worked with graduate students who crafted mock plans to redevelop the former Boise site. “This is the only chance Vancouver will have to get its downtown right on the riverfront,” he said. “If the Port of Vancouver screws it up by putting oil trains in, they’re going to kill the baby that Barry Cain is trying to give birth to and raise on the river.” On the other side, Ed Lynch, a longtime Vancouver business leader and philanthropist who was an early backer of the waterfront redevelopment, said he doesn’t agree with Cain’s assessment that oil trains will make the site less appealing for residents. “If I was contemplating a (waterfront) condo, it wouldn’t change my mind one iota,” said Lynch, a retired executive of Kiewit Pacific Co. in Vancouver. “The trains go by and that’s part of the deal.” Cain is the lead spokesman for a group of local investors under the name Columbia Waterfront LLC who paid $19 million for the 32-acre former mill site in 2009. The group consists of Gramor and four local investors: Steve Oliva, Allan Kirkwood and Steve Hansen of Clark County and George Diamond of Portland. Investors want the waterfront project, which offers spectacular river views, to be “a place where everybody wants to be,” said Cain.

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