Investing in Capital Improvement Projects
Each year, the Port Commission adopts a Capital Improvement Project budget that enhances the Port of Everett's business lines and supports jobs, trade, commerce and recreation.
These Capital Improvement Projects grow the economy by creating good paying jobs, leveraging private investment, and creating revenue generating industries.
The Port of Everett's Capital Improvement Projects include projects for all Port business lines, the Seaport, Marina and Real Estate divisions. Below is a list of active projects ($500,000+ or visible).
Capital Investments & Jobs
Between 2004 - 2012, the Port of Everett invested $313 million in Capital Improvement Projects. These projects created approximately 6,654 construction jobs in our surrounding community.
The Port’s strategic objectives as it relates to construction projects are as follows:
- Prepare a long-term property assessment, extending beyond the Port’s current development projects, that allows the Port to continually analyze property related opportunities
- Complete the Marina District Master Plan (now referred to as Waterfront Place Central Development)
- Resolve the strategic direction for the Riverside Business Park property, to ensure the best use of this asset
- Continue communication and outreach to Mukilteo area regarding the Mukilteo Tank Farm property transition to a multi-modal facility
- Resolve the strategic direction of the Baywood property (now referred to as Preston Point) to ensure the best use of this asset
Explore some of the Port of Everett's major Capital Improvement Projects completed in the past five years:
- Marine Terminal Rail Improvements (2016)
- Boatyard Expansion (2012)
- 2,500-foot Rail Recovery Line (2012)
- Marina Dredging (2012)
- Waterfront Center (2010)