Port of Everett selects Lincoln Property Company to build next phase of Waterfront Place

The Port of Everett recently announced that it selected Lincoln Property Company to develop the Millwright District, the nearly 10-acre second-phase of the port's 65-acre Waterfront Place development. 

The overall development plans include 63,000 square feet of retail space, 447,500 square feet of office, two hotels, 20,000 square feet of marine retail and up to 660 waterfront homes, including both for-sale and for-rent product.  The project is divided between 5 phases, of which the Millwright District is the largest.

The Millwright District will have around 200,000 square feet of commercial space, 60,000 square feet of retail and 200 townhome & multifamily units.  The LPC proposal includes references to the region’s timber industry and a “workman’s clocktower” in the shape of a smokestack. 

Other features include the Timberman Trails, comprised of four connecting courtyards, and Champfer Woornerf, a “living street” to support events like festivals and pop-up markets. Monthly apartment rents will likely range from $1,500 to $4,400, according to the Puget Sound Business Journal.

Waterfront Place's first phase, Fisherman’s Harbor, includes the 266-unit Waterfront Place Apartments, and the 142-room Hotel Indigo.

The port will retain ownership of the land and LPC will secure a long-term ground lease in 2022. Construction is expected to begin in 2023.   PND Engineers will design the civil engineering.