Port of Everett Company Market Research Report

Company Overview

Name & Mission

Company Name: Port of Everett

Mission: To create economic opportunities and jobs while providing maritime and marine-related services and ensuring public access to the waterfront.

Founding and Key People

Founded: No information is available on when the Port of Everett was founded.

Key People:

CEO: Lisa Lefeber

Commission President: Tom Stiger

Headquarters

Location: 1205 Craftsman Way, Suite 200, Everett, WA 98201

Employee and Financial Information

Number of Employees: The Port supports over 40,000 jobs in the surrounding community.

Revenue: Contributes $433 million in state and local taxes annually.

Recognition

Known for being a significant economic driver in the region, providing international seaport services, maintaining the largest public marina on the West Coast, and being involved in real estate development.

Products and Services

Offerings

1. International Shipping Terminals:

Supports $21 billion worth of U.S. exports annually, ranking as #2 export customs district in Washington state.

2. Public Marina:

Largest public marina on the West Coast with 2,300 slips and 5,000 linear feet of guest moorage.

3. Real Estate Development:

Includes development like Waterfront Place with retail, office space, hotels, and housing units.

Recent Developments

Economic Awards and Projects

Awards:

Received two International Awards for its economic and environmental projects in 2024 from the International Economic Development Council.

Projects:

Norton Terminal: This $40 million development consists of environmental cleanup and redevelopment, nearly doubling cargo-handling capacity and supporting over 950 jobs.

Blue Heron Slough Restoration: A 353-acre project that restored the estuary habitat, supporting Chinook salmon recovery and supporting local wildlife.

Partnerships and Infrastructure

Port Electrification Grant: Received a $4.3 million grant from Washington State Department of Transportation to electrify the international seaport.

International Relations: Hosted a delegation from the Port of Nagoya, Japan, to strengthen trade partnerships.

Community Events

Haunted Harbor Event: Introduced seasonal activities such as Halloween-themed events and other festivities at Waterfront Place.

Infrastructure Developments

Waterfront Trail Detour: Temporary pedestrian reroutes were implemented to enhance the Hiking Path as part of the Waterfront Place Development.

Summary

The Port of Everett remains a critical component of the regional economy, contributing significantly to state and local taxes while supporting thousands of jobs. It continues to develop its infrastructure for modern trade demands and is actively involved in environmental restoration projects. It maintains strong international partnerships and community engagement through events and economic opportunities.