By Karen Robes Meeks
A plan to create new waterfront homes within the Port of Everett’s Waterfront Place Central mixed-use development was cemented this week when the port and SeaLevel Properties closed a deal for a 5.44-acre site.
“This is a historic transaction for the Port of Everett,” Port of Everett Acting CEO Lisa Lefeber said. “This property sale allows housing on the waterfront for the first time in Everett’s history and creates the population necessary to support a vibrant Waterfront Place project. I want to thank Sealevel for believing in the vision of Fisherman’s Harbor and the Port of Everett staff for pulling this complicated transaction together.”
Construction is set to start later this year at 1300 W. Marine View Drive, where 266 units ranging from studios to three-bedroom homes will be built. Anticipated completion is 2020.
“We’re thrilled to acquire this prime development site within Everett’s Waterfront Place redevelopment,” said SeaLevel Properties Director John Shaw. “We anticipate strong demand for these homes and look forward to setting a high bar for residential design in Fisherman’s Harbor and Waterfront Place.”