Habitat Bank develops and operates wetland mitigation banks in Washington State. Habitat Bank was the first company to have a wetland mitigation bank approved through the Washington State Department of Ecology pilot banking program. The Snohomish Basin Mitigation Bank (SBMB) was approved by the Department of Ecology, US Army Core of Engineers and Snohomish County in August 2005. The SBMB serves the Snohomish, Snoqualmie and Skykomish watersheds (WRIA7) and has wetland mitigation credit available for sale.
Current Mitigation Banking Projects
Columbia River Mitigation Bank
Habitat Bank has partnered with the Port of Vancouver to develop the 162 acre Columbia River Mitigation Bank. This bank will service the Columbia River floodplain in Clark, Cowlitz and Skamania Counties. Credits will be available in 2008.
Lake Washington-Sammamish Watershed Bank
The Lake Washington-Sammamish Watershed Bank will serve King and Snohomish Counties, WRIA 8 and the Lake Washington and Sammamish watershed. The 120 acre site is located in Redmond and will provide up to 80 acres of re-established wetlands. The proposal is being evaluated by the Mitigation Bank Review Team currently and credits should be available in 2009.
East Fork Lewis Mitigation Bank
The East Fork Lewis Bank will restore approximately 100 acres of wetland habitat and provide mitigation credits for the rapidly developing East Fork Lewis Watershed, including portions of Battleground, Ridgefield and La Center including drainages such as Gee, Allen and the upper end of Mill Creek. Credits should be available in early 2009.
Battleground Mitigation Bank
Located in the City of Battle Ground, the Terrace Mitigation Bank will restore approximately 60 acres of wetland habitat and provide credits for much of Clark County.
Additionally, Habitat Bank is studying the feasibility of other bank sites in the Northwest and working with private parties and public entities to evaluate the potential of a number of properties for wetland and habitat banking.
Please contact us if you would like any more information on purchasing credits, other bank projects or would like to talk to us about partnering on a wetlands or habitat conservation bank project.
