The Port of Seattle Commission approved a long-term ground lease for a portion of Terminal 106 to Trammell Crow Company. The lease will facilitate the demolition of the Port’s old warehouse on the property and the development of a 700,000-square-foot, two-story light industrial warehouse. The new facility will be able to support e-commerce, manufacturers, and logistics providers that support maritime industries.
The development of Terminal 106 will support the cargo handling and logistics sector of the Port’s maritime operations. From a regional traffic standpoint, the building’s location will help to limit the number of trucks freighting cargo down I-5 from Seattle to as far as south of Tacoma. Shortening the distance from the container terminal to last-mile destinations can help manage traffic, noise, and air pollution in the region.
Terminal 106 is zoned General Industrial and is located just south of the West Seattle Bridge along East Marginal Way.
The project will provide approximately 140 prevailing wage construction jobs during the build-out of the property and will support approximately 650 to 1,200 full-time employees with an estimated payroll of more than $28 million annually, providing apprenticeship training opportunities during construction.
Diversity in Contracting
Trammell Crow Company agrees to collaborate with the Port to develop aspirational goals for the participation of Women and Minority Business Enterprises (WMBE) in the design and construction of the project.
Anticipated Project Timeline
The building is expected to be complete by 2024.
|Lease authorized by Port Commission||Q2 2021|
|Lease start||Q2 2023|
|Anticipated construction start||Q2 2023|
|Building complete||Q4 2024|
Contact for this project is Mark Netherland of Trammell Crow, email@example.com