Correction appended*

Port of Portland commissioners on Wednesday cleared the way for the redevelopment of a 19-acre parcel at the Troutdale Reynolds Industrial Park, one week after Amazon confirmed plans to build a massive fulfillment center there.

CRG plans to build a 344,000-square-foot facility that can accommodate up to four industrial users, the Port said in a news release. The agency did not identify any potential tenants, but listed Pfizer, Coleman, Amazon and Walgreens among CRG's clients.

Troutdale Reynolds Industrial Park just north of Interstate 84 has a FedEx Ground center. Amazon expects to have a $178.4 million fulfillment center running there by July 2018.

The St. Louis-based development company agreed to pay more than $5.2 million for the property, according to Melanie Mesaros, a Port spokeswoman.

The pending sale marks the latest step in the transformation of the 700-acre brownfield in Troutdale, a city of more than 16,600 residents in eastern Multnomah County.

On June 7, Amazon said it would build a $178.4 million plant on the 74 acres it purchased earlier this year. The Seattle-based retailer expects to hire 1,500 people to fill, pack and ship orders by the time the center opens in July 2018. The industrial park, just north of Troutdale Airport and Interstate 84, also houses a FedEx Ground distribution center.

"We expect this development to follow suit in attracting nationally known companies that will bring quality jobs to our region," Keith Leavitt, the Port's chief commercial officer, said in a news release.

The industrial park had been home to a Reynolds Metals Co., aluminum plant for several decades, and it was declared a Superfund site in 1994. The Virginia-based company that popularized kitchen foil was acquired in 2000 by Pittsburgh-based Alcoa, which oversaw a cleanup that required hauling 26,000 tons of hazardous waste to a landfill.

The Port bought the site from Alcoa in 2007 for $17.3 million.

--The Oregonian/OregonLive

* The company acquiring the property is CRG; the name was incorrect in an earlier version of this report.