11
Nov
The proposed 2023 budget and five-year spending plan for the Port of Seattle includes significant investments in seaport infrastructure and workforce development. Expected to be adopted by port commissioners on Nov. 29, the budget proposal introduced by Port Executive Director Steve Metruck includes a record $5.3 billion investment in capital projects over five years (with $725.8 million being proposed for 2023), as well as more funding for environmental and workforce development initiatives, according to the port. The 2023-2027 plan includes $522.3 million in maritime and economic development-related projects such as berth-replacing at Terminal 91, electrification work at Pier 66, and…