EVERETT — OnTrac Logistics, a company that provides shipping services, plans to generate hundreds of new jobs at a new facility on the Everett waterfront.
The facility, which is still under construction, will generate more than 400 jobs, Everett city officials said. The business is expected to open later this year, the company said.
Latitude Development, based in Auburn, purchased the 12½-acre property from the port in May 2021 for $4.8 million.
OnTrac will lease the building from Latitude.
“We are extremely pleased to be able to lease the entire building to OnTrac prior to completion and help the Port bring significant new jobs to the City of Everett,” Dave Kessler, principal at Latitude Development, said in a news release. “We look forward to helping OnTrac occupy the building toward the end of the year.”
The leasing agent for the deal was the Broderick Group.
The Baywood property lies along the shore west of Legion Memorial Park, along the northern end of West Marine Drive near the Maulsby Mudflats where the Snohomish River and Port Gardner meet.
Like much of Everett’s waterfront — it was a former mill site contaminated with wood and industrial debris. Clean up at the Bay Wood site began more than a decade ago.
OnTrac’s Everett expansion comes as the company merges with LaserShip, the largest regional e-commerce parcel carrier in the United States.
“We’re excited to expand our presence to Everett and further our commitment in the Puget Sound area, while welcoming more employees to our team,” said Josh Dinneen, chief commercial officer at LaserShip and OnTrac.
“OnTrac has been investing in its infrastructure to help e-commerce retailers build capacity and flexibility within their supply chains to reach their customers with faster, reliable last-mile delivery,” Dinneen said.
The company currently has two facilities in Kent and Fife, serving the Puget Sound area.
With demand for e-commerce delivery services growing, OnTrac sought a location in northern Puget Sound, the company said.
In a statement emailed to The Daily Herald, the port’s CEO Lisa Lefeber described the Baywood Business Park as another example of the port’s efforts to restore the environmental and economic health of “brownfield” properties along the city’s shoreline.
“We are proud of the restoration and public access enhancements at the site, and look forward to the arrival of new jobs on the waterfront,” Lefeber said. “Between Baywood and Riverside Business Park, the port’s redevelopment efforts have created more than 1,200 new jobs in the city.”
Everett Mayor Cassie Franklin said she is thrilled that OnTrac will create more than “400 well-paying jobs in Everett.”
“The city thanks both the project’s development team and the Port of Everett, who revitalized the dormant Baywood site by completing the necessary shoreline cleanup and habitat restoration,” Franklin said. “Our entire waterfront is truly coming to life!”