Maritime Economic Development: Everett, Portland (OR)

Sketch of Everett’s Waterfront Center.

Source/Port of Everett

The Port of Everett’s 65,000 square foot Waterfront Center is now 100 percent leased.

Last week, All Ocean Services, a maritime provider, moved in to the former Marina office space, Bluewater Distilling and Cocktail Bar opened on July 11. The port marina office is now in its new space next to Seas the Day Café.

At the port commission meeting on July 7, ArrowCat Marine’s lease was extended and enhanced to increase its footprint at the Port of Everett. Everett Yacht Service and Repair is also working on expansion plans in the Craftsman District.

With the marina occupancy at 95 percent (up 20 percent since 2013), and because Waterfront Center is full, the port is exploring conceptual plans for a new building that could include up to 15,000 square feet of building pads for marine services and retail.

Port staff will complete a pro-forma for the proposed building, develop a leasing strategy and vision for the building and bring it to the port commission for consideration.

Rendering of proposed building for Waterfront Place.

Source/Port of Everett

Portland (OR): Subaru to Open Distribution Center in Port-Owned Gresham Vista Business Park

Subaru of America, Inc. is on course to become the anchor tenant and first industrial development in the Port of Portland’s Gresham Vista Business Park. The Port of Portland Commission on July 9 approved the sale of approximately 39 acres at Gresham Vista to Trammell Crow Portland Development Inc. for construction of a 600,000-square-foot building for a Subaru master distribution center for auto parts.

Subaru operates regional parts distribution facilities in Portland, Atlanta, Indianapolis, Denver, New Jersey and Southern California. This project will relocate Subaru’s master distribution facility from Japan to Gresham. The facility will be a master distribution center serving the regional parts facilities and allows for expansion.

Subaru will lease the build-to-suit auto parts facility on a site that accommodates expansion up to 836,000 square feet. Subaru expects to create 30 to 50 jobs at the new Subaru facility. Groundbreaking on the facility will begin in August 2015. The new facility will be operational by October 2016.

"We’re pleased to welcome Subaru as our first industrial tenant in Gresham Vista, and continue our partnership with Subaru and Trammell Crow to support the growing regional automotive business," said Port Executive Director Bill Wyatt. "This successful business investment is a direct result of the close partnership between the city, port and the private sector, and the region’s industrial site readiness efforts."