EVERETT — The Port of Everett selected a Dallas firm to build the next piece of commercial, retail and residential space at Waterfront Place Central, a mixed-use development between 10th and 13th streets.
Port officials expect next year to execute a long-term ground lease with Lincoln Property Company West to develop the Millwright District and “bring it to life.”
Design, permitting and construction of the business and residential district could get underway in 2023.
The Millwright District is a 10-acre site within Waterfront Place, a 65-acre public-private development with shops, restaurants, the new Hotel Indigo and the Waterfront Place Apartments.
LPC West, the west coast arm of Lincoln Property Co., was chosen after a nationwide search, port officials said.
Port CEO Lisa Lefeber said the international real estate firm “comes with the highest of recommendations and has proven experience in delivering quality mixed-use projects that honor the vision and history of the communities they are developing in.”
“We are so excited to hit the ground running with our new partners to bring jobs and additional vibrancy to the waterfront,” Lefeber said.
LPC has developed, managed or leased projects in Washington, Oregon, California and Idaho. It is currently developing a 560,000-square-foot, mixed-use development for the city of Vancouver’s Washington Waterfront Gateway project. The Millwright project at the Port of Everett will be the company’s first Snohomish County venture.
J.P. Harlow, senior vice president of LPC West, said the company “is incredibly excited to partner with the Port of Everett on the continued revitalization of its exceptional waterfront location.”
The port is constructing two new retail buildings just west of the Waterfront Place Apartments — the first phase of development. Building out the nearby Millwright District would represent the second phase.
Once the waterfront site of the lumber and shingle mill industry, the new Millwright District is envisioned as a business hub supporting small- to mid-sized offices, as well as retail, residential and public spaces.
A focal point of the district is a “workman’s clock tower” designed to resemble a smokestack. The clock tower was inspired by the Dey Time Register, a timekeeper’s clock that mill workers used to punch in and out of work.
Other planned features include Timberman Trails, made up of four connecting courtyards, and chamfer woonerf, a Dutch term that describes a “living street” designed to support festivals, pop-up markets and other events.
So far, $150 million has been invested in the Waterfront Place project, which includes the 142-room Hotel Indigo, the new 266-unit Waterfront Place Apartments and a coming “restaurant row,” destination wine walk and public gathering spaces, port officials said.
Janice Podsada; email@example.com; 425-339-3097; Twitter: @JanicePods.