Vector Development Co. has begun construction of MI-5 Business Park in Marysville — a $32 million, a 247,000-square-foot facility for distribution and manufacturing tenants. (Vector Development Co.)

Vector Development Co. has begun construction of MI-5 Business Park in Marysville — a $32 million, a 247,000-square-foot facility for distribution and manufacturing tenants. (Vector Development Co.)

Construction of Marysville manufacturing building under way

A Kirkland developer has broken ground to build 247,000 square feet for industry or distribution.

MARYSVILLE — Vector Development, a Kirkland-based commercial real estate firm, has begun construction of a $32 million manufacturing facility at the Marysville I-5 Industrial Center.

When completed, the two-building development at 4000 156th St. NE will provide 247,000 square feet of space for manufacturing or distribution tenants.

“We are very excited to be a part of the Arlington-Marysville Manufacturing Industrial Center zone and hope prospective tenants can capitalize on these tax abatements and attract new jobs,” said Tyler Litzenberger, Vector’s president.

“MI-5 is also in a great location, strategically situated close to the highly desirable Everett industrial sub-market, Boeing and many related aerospace businesses,” Litzenberger said.

Vector is developing the facility in partnership with Marysville Investment Partners, a local real estate investment group. The project is expected to be completed in spring 2020.

JMR Construction has been selected as general contractor for the industrial center.

The Arlington-Marysville Manufacturing Industrial Center is more than 4,000 acres of land east of I-5. It’s split between the two cities and takes in the Arlington Municipal Airport.

Businesses that develop land in the designated manufacturing and industrial area can apply for property-tax breaks.

Vector also is developing the Tacoma I-5 Distribution Center, a $10 million industrial facility, and recently completed an office building in Olympia for Washington Realtors.

Janice Podsada; jpodsada@heraldnet.com; 425-339-3097; Twitter: JanicePods.

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Business

Reed Macdonald, magniX CEO. Photo: magniX
Everett-based magniX appoints longtime aerospace exec as new CEO

Reed Macdonald will take the helm at a pivotal time for the company that builds electric motors for airplanes.

People walk along a newly constructed bridge at the Big Four Ice Caves hike along the Mountain Loop Highway in Snohomish County, Washington on Wednesday, July 19, 2023. (Annie Barker / The Herald)
Check out the best tourist attractions in Snohomish County

Here’s a taste of what to do and see in Snohomish County, from shopping to sky diving.

People walk out of the Columbia Clearance Store at Seattle Premium Outlets on Thursday, April 25, 2024 in Quil Ceda Village, Washington. (Olivia Vanni / The Herald)
Head to Tulalip for retail recreation at Seattle Premium Outlets

The outlet mall has over 130 shops. You might even bring home a furry friend.

Brandon Baker, deputy director for the Port of Edmonds, shows off the port's new logo. Credit: Port of Edmonds
A new logo sets sail for the Port of Edmonds

Port officials say after 30 years it was time for a new look

Penny Clark, owner of Travel Time of Everett Inc., at her home office on Tuesday, April 23, 2024 in Arlington, Washington. (Olivia Vanni / The Herald)
In a changing industry, travel agents ‘so busy’ navigating modern travel

While online travel tools are everywhere, travel advisers still prove useful — and popular, says Penny Clark, of Travel Time in Arlington.

Travis Furlanic shows the fluorescent properties of sulfur tuft mushrooms during a Whidbey Wild Mushroom Tour at Tilth Farmers Market on Saturday, April 27, 2024 in Langley, Washington. (Annie Barker / The Herald)
On Whidbey Island, local fungi forager offers educational mushroom tours

Every spring and fall, Travis Furlanic guides groups through county parks. His priority, he said, is education.

ZeroAvia founder and CEO Val Mifthakof, left, shows Gov. Jay Inslee a hydrogen-powered motor during an event at ZeroAvia’s new Everett facility on Wednesday, April 24, 2024, near Paine Field in Everett, Washington. (Ryan Berry / The Herald)
ZeroAvia’s new Everett center ‘a huge step in decarbonizing’ aviation

The British-American company, which is developing hydrogen-electric powered aircraft, expects one day to employ hundreds at the site.

Allan and Frances Peterson, a woodworker and artist respectively, stand in the door of the old horse stable they turned into Milkwood on Sunday, March 31, 2024, in Index, Washington. (Ryan Berry / The Herald)
Old horse stall in Index is mini art gallery in the boonies

Frances and Allan Peterson showcase their art. And where else you can buy a souvenir Index pillow or dish towel?

Everett
Red Robin to pay $600K for harassment at Everett location

A consent decree approved Friday settles sexual harassment and retaliation claims by four victims against the restaurant chain.

magniX employees and staff have moved into the company's new 40,000 square foot office on Seaway Boulevard on Monday, Jan. 18, 2020 in Everett, Washington. magniX consolidated all of its Australia and Redmond operations under one roof to be home to the global headquarters, engineering, manufacturing and testing of its electric propulsion systems.  (Andy Bronson / The Herald)
Harbour Air plans to buy 50 electric motors from Everett company magniX

One of the largest seaplane airlines in the world plans to retrofit its fleet with the Everett-built electric propulsion system.

Simreet Dhaliwal speaks after winning during the 2024 Snohomish County Emerging Leaders Awards Presentation on Wednesday, April 17, 2024, in Everett, Washington. (Ryan Berry / The Herald)
Simreet Dhaliwal wins The Herald’s 2024 Emerging Leaders Award

Dhaliwal, an economic development and tourism specialist, was one of 12 finalists for the award celebrating young leaders in Snohomish County.

Lynnwood
New Jersey company acquires Lynnwood Land Rover dealership

Land Rover Seattle, now Land Rover Lynnwood, has been purchased by Holman, a 100-year-old company.

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.