The Port of Everett Commission recently passed a $61 million budget for 2021 that accounts for the pandemic and focuses on a series of projects that enhances the waterfront.
The port expects a reduction of revenue due to economic impacts stemming from COVID-19, including the slowing of cargo movement and aerospace production. Despite the setback, the port will remain bullish in its capital improvement projects, including 74 projects that push the port’s Strategic Initiatives. They include ongoing plans to modernize the seaport, bringing jobs back to the former Kimberly-Clark mill site and developing a new mixed-use waterfront community at Waterfront Place.
The plan calls for $93.6 million in investment through 2025.