Port of Everett Inks Final Leases for Two New Multi-tenant Buildings at Fisherman's Harbor Restaurant Row, Prepares to Break Ground Early 2024
The Port of Everett Commission has authorized two new 15-year leases with local restaurateur The Way Group Hospitality LLC to open two new restaurants at Waterfront Place – Tapped Public House and The Net Sheds, a new fish and chips restaurant with a year-round fish market.
Both businesses will locate along “Restaurant Row” in Fisherman’s Harbor in two new multi-tenant buildings set to break ground early next year.
Tapped Public House joins Rustic Cork Wine Bar, Hamilton Cellars and Menchie’s @ the Marina in a new two-story, nearly 12,000 sq. ft. building to be constructed on parcel A12, south of the new Asian-fusion Fisherman Jack’s restaurant and South Fork Baking Co. that opened this past summer.
The Net Sheds joins Lazy Boy Brewing in a new 6,000 sq. ft. building overlooking Seiner Wharf and the commercial fishing dock at parcel A6 in Fisherman’s Harbor, situated at the corner of Seiner and West Marine View drives near the Grand Avenue Park Bridge.
The two agreements secure approximately 9,500 sq. ft. interior space between both parcels, plus expansive outdoor deck and patio.
“We are pleased to welcome The Way Group Hospitality to the Waterfront Place community, and to have another partner that not only delivers quality food and exceptional experiences, but also cares about honoring the history of the site as much as we do,” Port of Everett CEO Lisa Lefeber said. “We appreciate them agreeing to the historic Net Shed name for the new fish bar and market as a nod to one of the key industries that shaped the Everett waterfront and that still continues here today.”
This announcement marks the fourth Tapped Public House location for Sean Drought, Brian Radford and Ivo Schilbach of The Way Group Hospitality, who also have locations in Camano Island, Mill Creek and Mukilteo. They look forward to expanding their family of restaurants and offerings to the Port of Everett’s Waterfront Place.
“We are thrilled the Port of Everett has invited The Way Group Hospitality to be part of the revitalization project at the waterfront,” Drought said. “The city of Everett and the Port’s waterfront are so rich with history and culture. There is a deep sense of pride and such a positive vibe and energy here with amazing people and families, including many of our friends, families and team members. We simply cannot wait to be part of the community and the energy of the waterfront.”
Tapped offers a family friendly space for the community to gather, connect and engage while enjoying Pacific Northwest-inspired craft food and beverages. The restaurant and bar will be on the second floor with interior and exterior dining spaces, including the first open-air rooftop deck dining experience at the waterfront with marine and mountain views.
A walk-up retail store and take-out window will be located on the first level, with convenient access from the Marina esplanade, and outdoor patio space.
The Way Group Hospitality’s Net Sheds will offer a unique restaurant/retail concept with a fish-and-chips restaurant and bar, paired with a year-round fish market. The Net Shed name is intended to honor the history of the commercial fishing industry here. For decades, a row of sheds near this site stored nets and offered a social hub for the fishermen when commercial fishing was at its peak.
“Our newest concept is inspired by the Port and heritage of the site, with a local and seasonally driven curated selection of world class seafood,” Drought said. “The market and fish bar’s offerings will change daily, just like the tides. Our goal is to be able to put a quality taste and flavor on the plate that is locally grown, harvested and caught products of our culinarily abundant region of the Puget Sound.”
The Net Sheds’ space includes a 2,700-square-foot interior unit with additional outdoor patio space along Seiner Wharf overlooking the commercial fishing dock.
Both leases have an initial 15-year term with two, five-year options to extend. With the agreements in place and the buildings now full, the Port is finalizing building design with BCRA Architects with plans to break ground in early 2024.
“The addition of Tapped Public House and The Net Sheds Fish Market to this already incredible line-up of local tenants is such a win for the residents, businesses and visitors of Everett,” said Holly Gardner, President of The Schuster Group. “The Everett Waterfront is a truly special place, and we can’t wait to add to that and get started on these next two buildings.”
Site development also includes construction of an approximately 80-stall parking lot that adds to Waterfront Place shared-use parking. Additional parking capacity will continue to be added in future development phases, including in the Millwright District now under construction.
For more information, contact Catherine Soper, Port of Everett Communications & Marketing Director, at firstname.lastname@example.org.
About Way Group Hospitality LLC
Established in 2019, The Way Group Hospitality is owned and operated by Sean Drought, Brian Radford and Ivo Schilbach. They own and operate the Tapped Public House restaurant brand with locations in Camano, Mill Creek and Mukilteo. Their fourth location will be located at the Port of Everett’s Waterfront Place. They focus on Pacific Northwest-inspired house-made dishes and local craft beer, cider and wine – they simply want Tapped to be a cool place to hang out. They also operate the Primal Barbeque brand and will be adding The Net Sheds to their portfolio – a new fish-and-chips restaurant and fish market at the Port’s Waterfront Place. Learn more at www.tappedpublichouse.com.
About Port of Everett’s Waterfront Place
The Port of Everett’s Waterfront Place is a new 1.5 million square foot mixed-use development located on 65 acres at the waterfront near the downtown core in Everett, Washington. The development boasts spectacular views, waterfront access, recreational amenities, and a world-class marina – the largest public Marina on the West Coast – with 2,300 slips and 5,000 linear feet of guest moorage. At full build-out, the Waterfront Place mixed-use development will include 63,000 square feet (sf) of retail/restaurant space, another 20,000 sf of marine retail, 447,500 sf of office, two waterfront hotels, and up to 660 waterfront housing units. Featured amenities include new trails and regional parks, public gathering spaces, a variety of fine and casual dining, local shops, and marine sales and services. The project’s expected $1 billion in public/private investment is estimated to support nearly 2,100 family-wage jobs and generate $8.6 million annually in state and local sales taxes. To date, the Port has facilitated more than $300 million in public/private investment here, with more to come. For more information, visit www.portofeverett.com/wpc.
About The Schuster Group
Established in 1989, The Schuster Group is a fully-integrated real estate investment, development, consultation, and management firm. As a nationally recognized award-winning developer, The Schuster Group has built a distinguished reputation of developing dynamic environments by uniquely blending vision, creativity and high-performance processes. Leveraging this brand and reputation on behalf of our clients, we create distinctive, sustainable projects of enduring value. Over the course of three decades the firm grew from a one-man shop into a multi-faceted group of companies, and one of the most successful private equity investment and development firms in the Pacific Northwest. Utilizing a hands-on approach, the firm takes pride in developing projects that strengthen our local communities and provide inspired locations for people to live, work and play. Learn more at theschustergroup.com.