PUD in talks to buy building in Everett for $5.5 million

EVERETT — The Snohomish County Public Utility District is in talks to buy a church in South Everett and convert it into office space to accommodate its growing workforce.

The PUD expects to pay the current property owner, Canyon Creek Church, $5.5 million for the property, staff told the district’s publicly elected commissioners during a meeting Tuesday.

The building, which district officials dubbed the 75th Street Business Center, is at 1122 75th St. S.W., near the Boeing Co.’s factory.

Moving costs would be $1.5 million and tenant improvements would cost another $4.8 million over six years. Operation and maintenance costs are expected to be up to $250,000 a year. That puts the total price tag for that option at $13.47 million by 2023, according to district staff’s presentation.

The property’s assessed value is nearly $4.95 million, according to Snohomish County property records.

The PUD considered buying an office building on Hewitt Avenue near its headquarters by downtown Everett, an option expected to cost $8.4 million by 2023. While cheaper overall, it would have been more expensive per square foot and would have space for at most 35 employees. That is half of how many are expected to fit in the 75th Street building.

While it most recently was a church, the building began as offices for another utility in 1994. Puget Sound Energy sold it for $3.8 million in 2005 to Nathanael Wolf Ministries, according to property records.

The property was sold to its current owner in 2011 for $3.975 million.

Canyon Creek Church no longer holds services at 75th Street property, according to its website. Church officials could not be reached for comment.

The church’s main location is in Mill Creek. It bought that land for $2.1 million in 2015 from Faith Fellowship Baptist Church, according to property records.

Dan Catchpole: 425-339-3454; dcatchpole@heraldnet.com; Twitter: @dcatchpole.

Talk to us

More in Local News

Suspected impaired driver crashed with Edmonds police officer

Both the driver and officer were injured Friday night and taken to Harborview Medical Center.

Everett killer sentenced to 43 years for fatal home invasion

Edmond Overton, 26, broke into a home and shot two men in October 2017. One of them died at the scene.

Why does a left-turn signal go green when no cars are there?

A commuter noticed the anomaly at an intersection on Everett Mall Way.

Please stop killing bumble bees: They’re not ‘murder hornets’

Beekeepers say residents are mistaking bees and wasps for Asian giant hornets.

Seniors from Marysville schools mark accomplishment with parade

In an attempt to make up for losing the usual graduation, parents planned a city-wide parade Friday.

Burglary suspect identified after fatal Everett break-in

A homeowner shot the man Thursday morning. The slain man had served much of his adulthood in prison.

Edmonds mayor removes finance director with no cause given

Scott James joined the city in 2014. He’s the third department director to leave in the past year.

Neighbors oppose Everett’s possible sale of 92.5 wooded acres

The city has owned the land around Wood Creek, which was once its water supply, for decades.

Watch Gov. Jay Inslee’s Monday news conference here

He is to talk about statewide demonstrations over the weekend.

Most Read