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Catherine Soper
Public Affairs Manager
425.388.0680
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APPROVED! Port of Everett, Maritime Trust Company to build $300 million North Marina Redevelopment project

Post Date:11/17/2005

Everett, Wash. - The Everett City Council voted 5-1 on Nov. 16 to approve the Port of Everett's request to modify the City/Port Development Agreement for the North Marina Redevelopment.

The request, among other things, was for an additional 10-feet of height on portions of the 65-acre site. The Port also submitted a request for a 95-foot Fishermen's Tribute Tower, which was also approved. The tower may commemorate the fishing community's heritage on the Everett waterfront.

On most of the neighborhood's 11 blocks, buildings will range in height from 35 to 55 feet. For three of the blocks, the development partners have requested approval for building heights reaching up to 65 feet from current ground level. The Port does not gain any additional square footage with the height modification, but it provides the community with more than six additional acres of open space by putting the parking underground.

"The votes that the Everett City Council and Planning Commission took were really votes of confidence in this project," said John Mohr, executive director for the Port of Everett. "By approving these modifications, it ensures the best project for the community, the city and the partners involved."

Council's decision allows Port staff and Maritime Trust Company to transform the North Marina from its historic industrial roots into a vibrant and pedestrian friendly waterfront community. Plans for development call for a waterfront neighborhood that will be a collection of high-quality condominiums and townhomes, professional office space, unique shops, destination restaurants, and a marine-related craftsmen district, all nestled between two marinas.

In addition, the development will include more than 18 acres of public open spaces comprised of a continuous waterfront esplanade, public amphitheater and accentuated by numerous parks and open spaces.

"This will be the finest mixed-use development on the West Coast," said Bert Meers, president of Chicago-based Maritime Trust Company. "This decision allows us to move forward with a project that will benefit the community for generations to come."

In October, the Port and Maritime hosted an open house in Grand Avenue Park to help the elected officials and the community to visualize the proposed height impacts. In a good-faith effort, the two entities placed seven poles throughout the residential blocks to demonstrate the proposed building heights of 35, 45, 55 and 65 feet. For additional visibility, six 10-foot-diameter aerial balloons were also tethered at 35, 45, 55 and 65-foot heights from the ground. The Everett Planning Commission and the Everett City Council both called a special meeting that day to view the height demonstration.

"The Port of Everett set the bar for future development within the city of Everett by conducting the city's first height demonstration," Mohr said.

The Port goes before the hearing examiner Dec. 1 for its first shoreline permit. The partners hope to be under construction in spring of 2006.

For more information on the project, please contact Lisa Mandt, Community Relations Representative for the Port of Everett, at 425-388-0617 or Ken Olsen, Director of Land Development for Maritime Trust Company, at 425-339-1222.

Maritime Trust Company is a national firm based in Chicago, Illinois, that designs, plans, and develops maritime and urban waterfront properties. Its principals have a long record of outstanding projects including development of the North Pier Apartment Tower and the restoration of some of Chicago's signature historic buildings, including North Pier Terminal, the Monadnock Building, and the Traders Building in downtown Chicago, as well as Market Square in Lake Forest, Ill. 

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