Everett Waterfront - Tygart Media

Category: Everett Waterfront

Port of Everett, $1B waterfront redevelopment, marina life, and waterfront news.

  • Millwright District Apartments: Everett Relocation Guide

    Millwright District Apartments: Everett Relocation Guide

    Q: Can I live at the Millwright District in Everett?
    A: The Millwright District’s 300+ waterfront apartments are currently under construction, with the first units targeted to deliver in 2026. The project is being developed by Lincoln Property Company (LPC West) under a ground lease with the Port of Everett. Watch portofeverett.com and lincolnapartments.com for leasing announcements as the delivery date approaches.

    People researching a move to Everett face a problem: most of the content about the city describes what it was, not what it’s becoming. The Millwright District is the clearest example of that gap. It represents the most significant new residential option Everett has produced in a generation — waterfront apartments, minutes from downtown, in a neighborhood being built from scratch with urban amenities designed in from the start.

    If you’re considering relocating to the Everett area, here’s what the Millwright District is, how it compares to other Snohomish County options, and what to watch for as leasing approaches.

    What You’re Actually Getting

    The Millwright District is the second phase of the Port of Everett’s Waterfront Place development — a 10-acre mixed-use neighborhood on Everett’s working waterfront, developed by Lincoln Property Company (LPC West). The residential component is 300+ apartment units situated on the marina edge.

    What makes this different from the typical Snohomish County apartment complex:

    • True waterfront location. Not “near the water” — on it. The marina is the neighbor, not a marketing description.
    • Walkable restaurant district already operating. Restaurant Row at Phase 1 of Waterfront Place is immediately adjacent — Tapped Public House (opened March 2026), The Net Shed Fish Market and Kitchen (opened December 2025), Rustic Cork, and Marina Azul Cocina coming in 2026.
    • Designed neighborhood, not retrofitted. Timberman Trails, Champfer Woornerf (a “living street” for events and pop-up markets), and public realm features are designed in. This is walkable by intention, not accident.
    • Urban energy with Pacific Northwest character. The Millwright District’s design draws on the site’s lumber mill heritage — the workman’s clocktower, the industrial architectural references — making it feel rooted in Everett’s specific history rather than generic new development.

    How It Compares to Other Everett Neighborhoods

    Everett has distinct neighborhoods with different profiles. The Millwright District won’t be the right fit for everyone, but it’s clearly differentiated from the alternatives:

    Bayside (Everett’s historic core) is Everett’s most walkable existing neighborhood — Victorian homes, Clark Park, Grand Avenue views, strong community feel. It’s established and charming. The Millwright District is newer construction with waterfront access that Bayside doesn’t have.

    South Everett is practical — close to Boeing’s factory and NAVSTA Everett, strong transit access, varied housing stock. It’s a commuter neighborhood. The Millwright District is a lifestyle neighborhood.

    Silver Lake (southeast Everett) is suburban and family-oriented, with access to the actual lake and connected parks. The Millwright District is urban — no yards, but walking distance to the marina.

    The apartment market in Snohomish County is tight. Everett’s housing market has a median sale price around $547,000 as of April 2026, and quality rentals with waterfront access simply don’t exist at the scale the Millwright District will provide. For people relocating from Seattle who want urban amenities at Snohomish County prices, this is a new option.

    The Everett-Seattle Comparison

    Everett is 30 miles north of Seattle. For people moving from Seattle or comparing Everett against Seattle-area options:

    Cost: Snohomish County rents run significantly lower than Seattle for comparable quality. Waterfront apartments in Seattle’s South Lake Union or Capitol Hill neighborhoods command premiums that Everett waterfront won’t. The Millwright District will be premium by Everett standards but likely well below Seattle waterfront pricing.

    Commute: Seattle commutes from Everett via I-5 range from 30-60+ minutes depending on traffic and time of day. Sound Transit Sounder North service runs limited trips. The 2037 Everett Link Extension, if it opens on schedule, will be a game-changer for the Seattle commute from Everett — but that’s 11 years away. Plan your commute based on 2026 reality, not 2037 projections.

    Employment base: If you work at Boeing (Everett factory), NAVSTA Everett, or the growing cluster of Paine Field employers, the commute math strongly favors Everett. If you commute to Seattle daily, the calculus is more nuanced.

    What’s Nearby: The Millwright District’s Immediate Context

    Within walking distance or a short drive from the Millwright District’s waterfront location:

    • Restaurant Row at Waterfront Place (immediate neighbor)
    • Port of Everett Marina — kayak rentals, boat tours, boat access
    • Downtown Everett (10-15 min walk along Grand Avenue waterfront trail) — Historic Everett Theatre, boutique shops, Grand Avenue restaurants
    • Angel of the Winds Arena (downtown Everett) — Everett Silvertips hockey, AEW wrestling, concerts
    • Forest Park (10 min drive) — 197 acres, trails, free animal farm
    • Everett Community College (10 min) — continuing education, athletic events

    When to Watch for Leasing Announcements

    Lincoln Property Company manages leasing for its residential developments through its LPC Living platform (also operating as LPC West residential). As units approach delivery, leasing information typically appears on the developer’s website and through major apartment listing platforms (Apartments.com, Zillow, etc.).

    The Port of Everett’s website (portofeverett.com) and Waterfront Place’s official channels are the authoritative sources for project status updates. Given the 2026 first-delivery target, leasing inquiries and waitlist opportunities may open in mid-2026.

    Frequently Asked Questions for People Considering the Millwright District

    Q: When will Millwright District apartments be available to rent?
    A: The first units are targeted to deliver in 2026. Specific leasing timelines have not been publicly announced. Monitor portofeverett.com and Lincoln Property Company’s residential platforms for announcements.

    Q: Is there parking at the Millwright District?
    A: Specific parking details for the Millwright District residential buildings have not been publicly released. Urban waterfront developments of this type typically include structured parking as part of the development program. Confirm with the developer as leasing approaches.

    Q: What are the schools like near the Millwright District?
    A: The Millwright District falls within the Everett School District. The district has a range of elementary, middle, and high school options; specific school assignments depend on exact address. For families with school-aged children, confirm school boundaries through the Everett School District before committing to an address.

    Q: How do I get to Seattle from the Millwright District without a car?
    A: Everett Station (10-15 min walk from the waterfront) is served by Community Transit (CT), Sound Transit Sounder North, and ST Express buses. Sounder North provides limited direct Seattle service; CT and ST Express provide more frequent connections. The 2037 Everett Link Extension would add light rail service.

    Q: Will there be affordable units at the Millwright District?
    A: No public affordability set-aside has been announced for the Millwright District’s residential units. The development is market-rate under a private ground lease with the Port of Everett.

    Related: Millwright District Phase 2: What 300+ New Waterfront Homes Mean for Everett | Living in Bayside: Inside Everett’s Historic Heart and Most Walkable Neighborhood | Living in Silver Lake: Everett’s Neighborhood With an Actual Lake in the Middle of It

  • Everett Waterfront Guide: Restaurants & Millwright District

    Everett Waterfront Guide: Restaurants & Millwright District

    Q: What is there to do at Everett’s waterfront?
    A: Everett’s waterfront at Waterfront Place on the Port of Everett is a growing destination anchored by Restaurant Row — including Tapped Public House (opened March 2026), The Net Shed Fresh Fish Market and Kitchen (opened December 2025), Rustic Cork Wine Bar, and Marina Azul Cocina coming in 2026. The Millwright District, a 10-acre mixed-use neighborhood now under construction, will add hundreds of residents, more restaurants, and public event spaces to the waterfront by 2026-2028.

    Everett’s waterfront has been one of the Pacific Northwest’s best-kept secrets for years — a working port with a marina, a handful of restaurants, and views of the Cascade foothills that Seattle visitors have largely overlooked. That’s changing. The Port of Everett’s Waterfront Place is now delivering on years of development promises, and the Millwright District Phase 2 is going to make this waterfront a genuine destination.

    If you’re visiting Everett — from Seattle, from across Snohomish County, or from farther away — here’s what the waterfront offers right now and what’s coming in the months ahead.

    What’s Open Right Now at Waterfront Place

    Restaurant Row at Phase 1 of Waterfront Place has reached the stage where a visit is worth the drive. The current lineup:

    Tapped Public House opened March 2, 2026, and has quickly become the waterfront’s social anchor. The headline feature: Snohomish County’s largest open-air rooftop deck, with views across the marina and the Olympic Mountains on clear days. The food and beer program reflects the Pacific Northwest’s craft brewery culture — this is a place worth the visit even if the rooftop is the only reason you come.

    The Net Shed Fresh Fish Market and Kitchen opened in December 2025 and is already developing a following that extends well beyond Everett. The miso-glazed sablefish is the anchor dish — it’s the kind of preparation that makes the drive from Seattle worthwhile. The fish market component means you can buy raw product to take home, which is rare in a restaurant-focused waterfront environment.

    Rustic Cork Wine Bar is an established Waterfront Place tenant with a curated wine selection and a comfortable neighborhood wine bar atmosphere. A reliable spot for a glass before or after dinner.

    Marina Azul Cocina and Cantina is confirmed for 2026 — elevated Mexican food, 100+ tequilas, and a waterfront patio. Watch for the opening announcement as the year progresses.

    The Marina: More Than Backdrop

    The Port of Everett Marina is one of the largest public marinas in Washington state. Beyond serving boat owners, the marina environment offers:

    • Waterfront walking paths along the marina edge
    • Views of the working port, the marina, and on clear days, the Cascades and Olympics
    • Access to boat tour and charter services that operate from the marina
    • Kayak and paddleboard rental opportunities (check seasonal availability with marina operators)

    The marina walk connecting Restaurant Row to the marina basin and the broader waterfront trail system is one of Everett’s genuinely underrated public spaces. It’s free, uncrowded compared to Seattle waterfront alternatives, and connects you to the actual working character of the port — fishing boats, recreational vessels, and the industrial waterfront coexisting in a way that Seattle’s sanitized waterfront lost decades ago.

    The Millwright District: What It Adds for Visitors

    The Millwright District — Phase 2 of Waterfront Place, now under construction — is a 10-acre neighborhood immediately adjacent to Restaurant Row. For visitors, its most important contribution won’t be the 300+ apartments or the 200,000+ square feet of office space. It will be the 60,000+ square feet of retail and restaurant space and the public realm — Timberman Trails, four connecting courtyards, and Champfer Woornerf, a “living street” designed to host festivals and pop-up markets.

    When the Millwright District is complete, what’s currently a restaurant cluster will become a walkable neighborhood with enough density to sustain a full day visit: brunch, marina walk, afternoon shopping, evening dinner. The workman’s clocktower — designed to resemble a smokestack and inspired by the lumber mill history of this waterfront site — will become the visual anchor of the space.

    Office space and residential population in the Millwright District matter for visitors indirectly: they sustain weekday business for the restaurants and retail, which means the quality of the dining and retail ecosystem is more likely to hold up year-round rather than becoming a weekend-only tourist zone that struggles on Tuesdays in January.

    Combining Waterfront with Everett’s Other Visitor Draws

    Everett’s waterfront pairs naturally with several other visitor experiences that make a day trip or weekend visit worth the time:

    Angel of the Winds Arena (10 min walk from the waterfront along Broadway) hosts Everett Silvertips WHL hockey games — currently in the 2026 WHL playoffs — plus concerts, AEW wrestling events, and other major events. The Silvertips are one of the WHL’s marquee franchises, and the arena experience is excellent for the price point.

    Historic Everett Theatre (downtown, 15 min walk from waterfront) books a consistent calendar of tribute acts, comedy, and live events. April 2026 includes Def Leppard and Journey tributes, Henry Cho stand-up, and an Elvis fundraiser — this is a real neighborhood theatre with a real calendar.

    Funko Pop! Universe (Everett’s most unexpected visitor draw) — Funko’s headquarters and flagship retail experience is in Everett, and it draws fans from across the region. Not the waterfront, but worth adding to an Everett day trip itinerary for the right visitor.

    AquaSox baseball at Funko Field runs through the summer. Minor league ball in Everett is a great value, particularly when the Mariners’ top prospects (five listed in MLB’s top 30 as of 2026) are on the roster.

    Getting There

    Waterfront Place at the Port of Everett is located on the north end of Everett’s waterfront, accessible via West Marine View Drive. From I-5, take Exit 193 or 194 and follow signs to the waterfront. Parking is available in Port lots adjacent to Restaurant Row — currently manageable, though likely to become more competitive as the destination matures.

    From Seattle via transit, Sounder North or Sound Transit buses to Everett Station (downtown) followed by a short rideshare or 15-minute walk down to the waterfront is the practical option. The waterfront trail from Everett Station is pleasant when the weather cooperates.

    Frequently Asked Questions for Everett Waterfront Visitors

    Q: Is the Everett waterfront worth a day trip from Seattle?
    A: For food — particularly The Net Shed and Tapped Public House — yes, especially combined with a Silvertips hockey game or an event at the Historic Everett Theatre. As the Millwright District builds out, the case for a full-day visit will strengthen.

    Q: Is there free parking at Waterfront Place?
    A: The Port of Everett’s waterfront lots currently provide accessible parking. Specific parking pricing and policies are available at portofeverett.com.

    Q: What is the best restaurant at Everett’s waterfront right now?
    A: The Net Shed Fresh Fish Market and Kitchen is the standout — the miso-glazed sablefish is the dish to order. Tapped Public House is the best for drinks and a casual visit, especially for the rooftop deck experience.

    Q: When will Marina Azul open at Waterfront Place?
    A: Marina Azul Cocina and Cantina is confirmed for 2026. Specific opening date has not been announced as of April 2026.

    Q: Can I rent a kayak or paddleboard at Everett’s waterfront?
    A: Seasonal kayak and watercraft rental services operate from the Port of Everett Marina. Check portofeverett.com or contact the marina directly for current seasonal availability.

    Related: The Net Shed Fish Market and Kitchen: Three Months In, It’s Worth the Hype | Marina Azul Cocina and Cantina Is Coming to Everett’s Waterfront | Silvertips Enter Round 2 as WHL’s Hottest Team

  • Waterfront Place Everett: 2026 Status Report & New Tenants

    Waterfront Place Everett: 2026 Status Report & New Tenants

    Quick Summary: As of April 2026, Waterfront Place has four restaurants open at Fisherman’s Harbor Restaurant Row, with Marina Azul Cocina & Cantina expected this spring. One breakfast/brunch space remains available. The Port of Everett is also actively seeking a boutique grocer, pet store, and retail-tainment concept for the development’s gateway parcels.

    If you’ve been following the Waterfront Place buildout, you’ve watched Restaurant Row go from empty concrete shells to a genuinely active stretch of food, drink, and views. We’ve covered individual openings as they’ve happened. But let’s zoom out and take stock of what’s actually open, what’s coming this spring, and what spaces are still waiting for tenants. This is the April 2026 status report on everything still in the pipeline at Waterfront Place.

    Restaurant Row: The April 2026 Scorecard

    The Fisherman’s Harbor Restaurant Row was designed for six dining establishments. Here’s the current status of all six spaces:

    Open and Operating

    Tapped Public House — Opened March 2, 2026. Claims the largest open-air rooftop deck in Snohomish County, with panoramic views of the Olympic Mountains and marina. Beer, cocktails, and pub food. Over 100 people showed up for the ribbon cutting — the waterfront was ready for this one.

    Rustic Cork Wine Bar — Opened December 2, 2025. Wine-focused with a curated bottle selection and small plates. A quieter alternative to the larger concepts on the row.

    The Net Shed Fish Market & Kitchen — Opened December 16, 2025. Fresh seafood market with prepared food service. One of the more distinctive concepts at Fisherman’s Harbor — you can buy fish to take home or eat right there, which is exactly what a marina district should have.

    Menchie’s — Opened March 13, 2026. Self-serve frozen yogurt. The lightest footprint on the row, but it fills a real gap — a casual dessert stop for families walking the marina and boaters grabbing something after a day on the water.

    Coming Soon: Marina Azul Cocina & Cantina

    The most anticipated opening still remaining in the Restaurant Row lineup is Marina Azul Cocina & Cantina, a Mexican restaurant concept the Port has indicated is expected to open spring 2026. Spring is already underway, which means this one is close. No official opening date has been announced, but we’re watching the permits and the signage. When the door opens, we’ll be among the first through it.

    Still Available: One Breakfast and Brunch Space

    One of the six Restaurant Row spaces remains earmarked specifically for a breakfast and brunch concept, and no tenant has been announced. This is actually a meaningful gap in the current lineup — there’s no morning option at Fisherman’s Harbor right now. The right concept here (think waterfront eggs Benedict, coffee with marina views, weekend brunch crowds) would do well. The Port is still looking.

    Beyond Restaurant Row: The Gateway Parcels

    Here’s the part of the Waterfront Place story that hasn’t gotten as much coverage: the Port moved into active tenant search for its gateway parcels in late 2025, and they were specific about what they want.

    The Port issued a Request for Statement of Qualifications for the gateway parcels — the entry-point retail spaces that greet visitors as they arrive at the development. Three concepts are being sought:

    • Boutique grocer — A neighborhood-scale grocery or specialty food store
    • Pet store — Matching the marina lifestyle demographic (boaters, outdoor enthusiasts, the waterfront dog-walking crowd)
    • Retail-tainment — An experiential retail concept, interactive rather than passive

    The boutique grocer is the one that would do the most for the district’s day-to-day liveability. Right now, someone living in the Waterfront Place Apartments — or in the incoming Millwright District residential buildings — doesn’t have a walkable grocery option. Adding one completes a fundamental piece of the live-work-eat-play equation that a genuine mixed-use district requires.

    We don’t have tenant announcements for the gateway parcels yet, but an active RFQ means the Port is evaluating applicants now. This is worth watching in the coming months.

    The Weyerhaeuser Building and The Muse

    One piece of Waterfront Place history easy to overlook amid all the new construction: the Port restored the 1930s-era Weyerhaeuser Building on the waterfront and reopened it in 2023 as The Muse Whiskey & Coffee. On a clear April evening with the Olympics lit up across the sound, it’s one of the better places to sit in Everett.

    The Muse anchors the development’s existing character while everything new gets built around it. Worth noting when the conversation is all about what’s coming: some of what’s already here is genuinely good.

    By the Numbers: What Waterfront Place Is in April 2026

    Let’s put the whole picture together:

    • 1.6 million annual site visits in 2025 — pulling from across Snohomish County, King County, and beyond
    • 4 restaurants and bars open at Fisherman’s Harbor Restaurant Row
    • 1 more (Marina Azul) expected to open this spring
    • 1 remaining space earmarked for breakfast/brunch, no tenant yet
    • Gateway parcels in active tenant search for boutique grocer, pet store, retail-tainment
    • $2.6 million in 2026 public infrastructure investment budgeted by the Port
    • 120,000 sq ft of Class-A office space in active pre-leasing at Millwright District
    • 300+ apartments in Millwright District residential phase, now under construction

    This is not a development that’s waiting to happen. Five of six Restaurant Row spaces committed, a major mixed-use residential and commercial buildout underway, more than one and a half million annual visitors already. The question now is which tenants fill the remaining blank spaces — the grocer slot, the brunch spot, the gateway parcels — and how quickly the Millwright District commercial phase pre-leases to its opening threshold.

    We’ll keep covering it as it develops.

    Frequently Asked Questions

    What restaurants are currently open at Waterfront Place Everett?
    As of April 2026: Tapped Public House (opened March 2026), Rustic Cork Wine Bar (opened December 2025), The Net Shed Fish Market & Kitchen (opened December 2025), and Menchie’s (opened March 2026). The Muse Whiskey & Coffee in the historic Weyerhaeuser Building is also open.

    When will Marina Azul open at Waterfront Place?
    Marina Azul Cocina & Cantina is expected to open spring 2026. No official opening date has been announced as of April 2026.

    Is there a grocery store at Waterfront Place Everett?
    Not yet. The Port of Everett issued an RFQ for a boutique grocer as one of the gateway parcel tenants. That selection process is ongoing.

    How many restaurants are at Waterfront Place Restaurant Row?
    The Fisherman’s Harbor Restaurant Row has six spaces. Four are open, one (Marina Azul) is opening soon, and one breakfast/brunch space remains available.

    What is Waterfront Place?
    The Port of Everett’s $1 billion mixed-use waterfront redevelopment on Puget Sound, at the largest public marina on the West Coast. It includes Restaurant Row, The Muse Whiskey & Coffee, Waterfront Place Apartments, and the Millwright District commercial and residential campus.

    How many visitors does Waterfront Place attract?
    The Port of Everett reported more than 1.6 million annual site visits to Waterfront Place in 2025.

  • Millwright District Office Space: Pre-Leasing in Everett

    Millwright District Office Space: Pre-Leasing in Everett

    Quick Definition: The Millwright District is a 10-acre mixed-use campus within the Port of Everett’s $1 billion Waterfront Place development. Pre-leasing is now open for up to 120,000 sq ft of Class-A office space across three interconnected buildings, developed by Lincoln Property Company. Openings are anticipated as early as 2028.

    We’ve written a lot about the residential side of the Millwright District buildout — the 300-plus apartments breaking ground, the restaurant row filling in, the waterfront esplanade taking shape. But there’s a commercial story happening here that deserves its own spotlight, because it changes what the Millwright District actually becomes as a place to work, not just a place to live and eat.

    The Port of Everett and its development partner Lincoln Property Company (operating commercially as LPC West) have launched pre-leasing for up to 120,000 square feet of Class-A office space at Waterfront Place. Pre-leasing is open now, with occupancy targeted as early as 2028.

    What “Class-A Waterfront” Actually Means Here

    “Class-A office space” gets used loosely in commercial real estate, so let’s break down what it actually looks like in this specific context — and why it’s meaningfully different from a generic Snohomish County office park.

    The Millwright District offices sit within Waterfront Place at the largest public marina on the West Coast. The planned complex features:

    • Rooftop terraces with Olympic Mountain and Puget Sound views
    • Structured on-site parking (a dedicated garage, not a surface lot)
    • Community conference rooms shared across the building complex
    • A fitness center within the office complex
    • Immediate walkable access to Restaurant Row dining, marina recreation, retail, and the waterfront esplanade

    Suite sizes range from 5,000 to 120,000 square feet across up to three interconnected buildings. A 5,000 sq ft tenant and a 120,000 sq ft campus tenant can both be accommodated — the three-building configuration allows Lincoln Property Company to serve single large anchors or multiple smaller tenants co-locating in the same complex.

    Who Is Lincoln Property Company?

    LPC West is not a local developer — they’re one of the largest commercial real estate companies in the country, with a national portfolio spanning office, industrial, and multifamily assets. The Port of Everett selected LPC West through a competitive process to develop the Millwright District’s 10-acre commercial footprint.

    The significance of that choice: Lincoln Property Company typically develops in markets where they project long-term rent growth and durable tenant demand. Their presence in the Millwright District reflects how outside institutional investors are reading Everett’s commercial trajectory — and it’s not a minor endorsement.

    The Timeline: When Does This Open?

    Lincoln Property Company is projecting a 24-month construction period, with openings targeted as early as 2028. The construction clock starts when pre-leasing reaches its threshold — a standard commercial real estate structure where the developer needs committed leases before a construction lender funds the project.

    The faster pre-leasing fills, the faster the 24-month clock starts — and the sooner the doors open. If pre-leasing proceeds slowly, the 2028 target shifts.

    The infrastructure foundation is already in place: the Millwright Loop Roads (a $13 million construction contract completed in 2023) gave the site road access. The residential apartment phase is already under construction. Restaurant Row is open and drawing foot traffic. The office buildings are the next vertical layer on a site that’s already functional.

    What This Does for Everett’s Commercial Real Estate Market

    Everett has historically been a manufacturing and bedroom community — a place where people live for affordability and commute to Seattle or work at Boeing or Naval Station Everett. The transformation we’re tracking on this desk is Everett becoming a destination city in its own right: a place with its own employment base, its own amenities, and its own identity beyond its two largest employers.

    Class-A office space on the waterfront is a direct play on that transition. If a firm can put 50 employees in a Millwright District suite with Olympic Mountain views and a rooftop terrace, walking distance from waterfront restaurants and marina recreation, that’s a meaningful differentiator in Puget Sound commercial real estate. It’s the kind of space that helps Snohomish County employers retain talent that might otherwise commute to Seattle offices.

    It also creates a self-reinforcing cycle for the district itself. Office workers become lunch customers at Restaurant Row. They become boat owners at the marina. They become apartment tenants in the Millwright District residential buildings. That’s the mixed-use model working as designed — and it’s why the Port structured the entire development this way rather than just building more boat slips.

    How to Learn More About Pre-Leasing

    If you’re a business owner, real estate broker, or facilities director evaluating Snohomish County office options, pre-leasing information is available through the Port of Everett and Lincoln Property Company. The Port’s website at portofeverett.com has the Millwright District office pre-leasing page with contact information and suite specifications.

    The range of suite sizes — 5,000 sq ft to 120,000 sq ft — means this isn’t exclusively for large enterprises. Professional service firms, engineering consultancies, tech companies, and architecture firms all fall within the tenant profile the project is designed to serve.

    Frequently Asked Questions

    What is the Millwright District at Waterfront Place?
    A 10-acre mixed-use campus at the heart of the Port of Everett’s $1 billion Waterfront Place development. It includes up to 120,000 sq ft of Class-A office space, 200+ multifamily housing units, and up to 60,000 sq ft of destination retail on the Everett waterfront.

    Who is developing the Millwright District office buildings?
    Lincoln Property Company (LPC West), one of the largest commercial real estate firms in the country, is the development partner. Selected by the Port of Everett through a competitive process.

    What size office suites are available at Millwright District?
    Suites range from 5,000 to 120,000 square feet across up to three interconnected buildings. The configuration accommodates both small professional firms and large campus tenants.

    When will the Millwright District office buildings open?
    Construction is estimated at 24 months, with openings targeted as early as 2028. The start of construction depends on pre-leasing activity.

    What amenities will Millwright District office tenants have?
    Rooftop terraces with Olympic Mountain and marina views, structured parking, community conference rooms, a fitness center, and walkable access to the Waterfront Place restaurant row, retail, and marina.

    Is Millwright District office space currently available?
    Pre-leasing is open now through Lincoln Property Company and the Port of Everett. Contact information is available at portofeverett.com.

  • Everett Link Extension: 2026 Timeline & Funding Gap

    Everett Link Extension: 2026 Timeline & Funding Gap

    Quick Definition: The Everett Link Extension is a planned 16-mile light rail segment connecting Lynnwood City Center to Everett Station with six new stations. Sound Transit targets a 2037 opening to SW Everett Industrial Center and 2041 full service to Everett Station, pending closure of a $500 million funding gap.

    We’ve been watching the Everett Link Extension timeline shift around for a few years now, and 2026 is shaping up to be one of the most consequential years for the project since voters approved ST3 back in 2016. This spring, Sound Transit is preparing to release its Draft Environmental Impact Statement — the document that narrows down exactly where the tracks, stations, and operations facility will go. This is what you need to know right now.

    Where the Project Stands in April 2026

    The Everett Link Extension remains in its Planning Phase, with the Draft Environmental Impact Statement (EIS) expected to be released for public review in 2026. The Draft EIS is a big deal — it’s the point where Sound Transit presents the preferred alignment, the six station locations, and the environmental and community impacts of building 16 miles of elevated light rail through Snohomish County.

    Once the Draft EIS is released, there will be a public comment period. Then Sound Transit prepares the Final EIS, currently expected around 2027. The Sound Transit Board formally votes on the route and station locations after the Final EIS — no shovels in the ground before that point.

    • 2026: Draft EIS release and public comment period
    • 2027: Final EIS and Board decision on preferred route and stations
    • 2030–2036: Construction phase
    • 2037: Target service opening to SW Everett Industrial Center
    • 2041: Projected full service to Everett Station

    The Six Planned Stations — What We Know

    The Everett Link Extension adds six new stations to the regional Link light rail network, connecting riders from the Lynnwood City Center terminus northward into Snohomish County. Here are the six stations currently planned:

    West Alderwood — Connects to the area between Lynnwood and southwest Snohomish County neighborhoods currently underserved by rail.

    Ash Way — Positioned near the Ash Way Park-and-Ride on I-5, already a major transit hub for express bus commuters heading to Seattle.

    Mariner — Serves the Mariner community in south Everett near the I-5 and Highway 526 interchange.

    SW Everett Industrial Center — Located near Boeing’s primary Everett manufacturing campus. This is the station that puts light rail walking distance from one of the region’s largest employment sites. Targeted as the first endpoint of service in 2037.

    SR 526/Evergreen — Near Everett’s southern approaches, serving Paine Field-area commuters.

    Everett Station — The northern terminus, connecting Link directly to Everett’s Amtrak Cascades and Sounder commuter rail hub downtown. Full service here is targeted for 2041.

    A seventh provisional station at SR 99 and Airport Road is also being studied, though it is not currently funded and would need additional financial support to be included.

    The $500 Million Funding Gap — What It Actually Means

    We’re not going to bury the hard part: Sound Transit has a $500 million affordability gap on this project. That’s a real number from Sound Transit’s own project documents — not a rounding error or a worst-case scenario.

    In practice, Sound Transit is pursuing increased local, state, and federal funding while simultaneously exploring cost-reduction options — different construction approaches, phasing strategies, or station design changes that could bring the price down without cutting service quality.

    The ST3 System Plan — the broader 25-year transit expansion voters approved in 2016 — is also up for a structural review by the Sound Transit Board in summer 2026. The board is evaluating “different approaches to updating the ST3 System Plan,” which could include new ways to build, phase, or sequence projects, including the Everett extension.

    What this means practically: if the board decides to phase the project and build to the SW Everett Industrial Center station by 2037 first, then complete the final stretch to Everett Station later, the shape of the project changes significantly. If new funding closes the gap, the 2037/2041 timeline firms up. We’ll be tracking whatever comes out of those board discussions as they develop.

    What the Draft EIS Will Tell Us

    When Sound Transit releases the Draft EIS this year, it will contain:

    • The preferred alignment — the exact route the tracks follow
    • Station designs and footprint maps for all six locations
    • Property acquisition requirements
    • Environmental impact analysis: noise, traffic, wetlands, neighborhood effects
    • Community benefit assessments
    • The preferred location for the Operations and Maintenance Facility North (OMF North), a critical piece of system infrastructure targeted for a 2034 opening

    The public comment period following the Draft EIS release is the moment for Snohomish County residents to officially weigh in. Station design concerns, community impacts, park-and-ride configurations — all of that input gets recorded in the official planning record during this window.

    Why This Matters for Everett’s Development Boom

    We’ve spent a lot of time covering Everett’s physical transformation — the waterfront, the stadium project, the housing surge. Light rail sits underneath all of it as a long-term infrastructure bet.

    When Everett Station connects to the regional Link network, the entire corridor from downtown Everett to Seattle becomes a roughly 45-minute commute without a car. That changes the math on living in Everett for people working Seattle-based jobs. It changes what downtown Everett can support in terms of retail, restaurants, and density.

    The Port of Everett’s Millwright District, the new downtown stadium, the apartments going up near the transit center — every one of these projects is betting on a future where Everett is a complete city, not a staging area for a Seattle commute. The $500M funding gap and the 2037-2041 window is the biggest variable in that long-term calculation.

    Frequently Asked Questions

    When will the Everett Link Extension open?
    Sound Transit is targeting 2037 for service to the SW Everett Industrial Center station and 2041 for full service to Everett Station. Both timelines are contingent on closing a $500 million funding gap.

    How many stations will the Everett Link Extension have?
    Six stations are planned: West Alderwood, Ash Way, Mariner, SW Everett Industrial Center, SR 526/Evergreen, and Everett Station. A seventh station at SR 99/Airport Road is being studied but is not currently funded.

    What is the Everett Link Extension Draft EIS?
    The Draft Environmental Impact Statement is expected to be released in 2026. It identifies the preferred route alignment, station locations, and environmental and community impacts. There will be a public comment period after its release.

    How long is the Everett Link Extension?
    Approximately 16 miles of new light rail, running from the Lynnwood City Center terminus north to Everett Station.

    What is the $500 million funding gap?
    Sound Transit has identified a $500 million shortfall between current projected revenues and the estimated cost of the Everett Link Extension. The agency is pursuing additional local, state, and federal funding as well as cost-reduction options.

    What is the ST3 System Plan review?
    The Sound Transit Board is evaluating different approaches to updating the ST3 System Plan in summer 2026. This could include new ways to build, phase, or sequence projects — potentially affecting the Everett extension timeline.

    Will there be park-and-ride access at Everett Link stations?
    Yes. The Ash Way station connects to an existing major Park-and-Ride facility. Specific configurations at each station will be detailed in the Draft EIS.

    How does this connect to existing Everett transit?
    The extension terminates at Everett Station, which serves Sounder commuter rail and Amtrak Cascades. It will also connect with Community Transit bus routes throughout the corridor.

  • Everett Waterfront Construction: April 2026 Update

    Everett Waterfront Construction: April 2026 Update

    Waterfront Place is entering its most significant construction phase yet — and if you haven’t been down to the waterfront recently, the pace of change will surprise you.

    Here’s a complete rundown of every major active project, opening, and construction milestone happening at Port of Everett’s Waterfront Place right now, as of April 2026.

    Restaurant Row: What’s Open, What’s Coming

    The Port has completed two new restaurant buildings in Fisherman’s Harbor within the last six months. Current open businesses: Fisherman Jack’s (established), South Fork Baking Company (established), Rustic Cork Wine Bar (opened December 2025), The Net Shed Fish Market and Kitchen (opened December 2025), Tapped Public House (opened March 2, 2026 — rooftop deck is legitimately great). Coming spring 2026: Marina Azul Cocina and Cantina (family-owned Mexican from the Casa Azul team in Woodinville) and Menchie’s at the Marina frozen yogurt. One last parcel remains — the Port is seeking a high-end steakhouse or experiential dining concept to build out the final corner spot with boat-in access and a required rooftop deck.

    Millwright District: 300+ Apartments Breaking Ground

    The Millwright District is the most transformative phase of Waterfront Place. Developer LPC West (Lincoln Property Company’s Pacific Northwest arm) is breaking ground in 2026 on 300+ waterfront apartments alongside the Millwright Loop roadway, which completed construction in 2025. The office component is already in pre-leasing — up to 120,000 square feet of Class-A waterfront office space in up to three interconnected buildings with rooftop terraces, structured parking, and direct access to the marina promenade. This is the piece that turns Waterfront Place from a destination into a neighborhood.

    The New Sculpture: A Girl, a Photo, and 80 Years of Everett History

    One of the quieter additions to the waterfront this year is worth stopping to find. In February 2026, the Port unveiled a new bronze-cast sculpture along the Central Marina esplanade — a girl gazing out over the marina, inspired by a well-known 1940s photograph of a young Everett girl doing exactly that. The sculptor, Sultan-based artist Kevin Pettelle, also created the “Fisherman’s Tribute” sculpture near Scuttlebutt. Pettelle said this is among the last bronze pieces he will make in his career. The girl in the original photograph, it turned out, is a living Everett resident — she recognized her green plaid jacket and brown saddle shoes when Port staff shared the image with her. Find the sculpture near Pacific Rim Plaza and Boxcar Park on the Central Marina esplanade.

    Marina Infrastructure: Guest Dock 1 and the Boat Launch

    The Port’s 2026 capital plan includes $100,000 to begin reconstruction of Guest Dock 1 and upgrades to marina systems. Separately, the Port secured a $1 million grant from the Washington State Recreation and Conservation Office to fund renovation work at the Jetty Landing Boat Launch — the state’s largest public boat launch. In-water construction is anticipated to start in 2027. The new fuel dock, which opened in 2025, is operational.

    Upcoming: Cleanup Day and Summer Events Season

    The Port’s 32nd annual Marina and Jetty Island Cleanup Day is April 18 from 9 a.m. to noon — a free volunteer event with supplies provided. After that, the waterfront shifts into its summer events season: 90+ annual waterfront events including weekly summer concerts, the July Jetty Island ferry opening, and the annual holiday celebrations and festivals. The Jetty Island public ferry typically runs from late June through Labor Day.

    Frequently Asked Questions

    How many restaurants are at Waterfront Place right now?

    14 cafes, breweries, and restaurants are currently operating, with Marina Azul and Menchie’s at the Marina expected to open spring 2026, and one final high-end parcel still available.

    When does the Millwright District start construction?

    2026. The residential component — 300+ apartments — is breaking ground this year. The office pre-leasing is already underway with Lincoln Property Company.

    Where is the new Port sculpture?

    On the Central Marina esplanade between Pacific Rim Plaza and Boxcar Park. It’s a bronze-cast girl gazing over the marina, inspired by a 1940s photograph. The sculptor is Kevin Pettelle of Sultan, WA.

    When does the Jetty Island ferry open?

    Typically late June through Labor Day for general public access. The April 18 cleanup day is one of the few chances to visit the island outside that window.

    When will the Jetty Landing Boat Launch renovation start?

    In-water construction is anticipated to begin in 2027. The Port secured a $1 million RCO grant to fund the renovation of the state’s largest public boat launch.

  • Jetty Island Cleanup 2026: How to Volunteer in Everett

    Jetty Island Cleanup 2026: How to Volunteer in Everett

    The Port of Everett is hosting its 32nd annual Marina and Jetty Island Cleanup Day on Saturday, April 18 — and they need volunteers. If you’ve ever wanted to walk Jetty Island and actually feel useful while doing it, this is your weekend.

    The cleanup runs from 9 a.m. to noon, rain or shine (this is Everett — assume rain). Volunteers meet at the Fishermen’s Tribute Plaza, across from Bluewater Distilling, at the Port of Everett waterfront. Registration is encouraged but not required. Sign up at portofeverett.com/marinacleanup to help the Port plan.

    What You’re Actually Signing Up For

    Last year, more than 170 volunteers picked up 1,175 pounds of litter across nearly 100 acres of waterfront and the Port’s 2-mile-long Jetty Island. That’s a meaningful number — Jetty Island is Everett’s best free outdoor amenity and the most Puget Sound-connected public space in Snohomish County. Keeping it clean is a genuine civic act, not just a photo opportunity.

    The Port provides gloves, trash bags, litter pickers, and snacks. You show up in clothes you don’t mind getting dirty and boots that can handle beach and marina terrain. Children are welcome as long as a parent or guardian accompanies them.

    Getting to Jetty Island

    Limited transportation to and from Jetty Island will be provided by Everett Community College’s Ocean Research College Academy on a first-come, first-served basis. If you want to volunteer on the island rather than the marina side, get there early. The ferry fills up and there’s no guarantee of a spot if you arrive late.

    For volunteers staying on the marina side, the Fishermen’s Tribute Plaza and surrounding promenade area is accessible by foot, bike, or car directly from the parking areas at Waterfront Place.

    The Sponsors

    This year’s “Waste Warrior” sponsors are Haley and Aldrich, Herrera Environmental Consultants, and Northwest Aerospace Technologies. If your organization is interested in sponsoring future events, contact the Port directly through portofeverett.com.

    Why This Event Has Lasted 32 Years

    The Port has run this cleanup every year since 1994. That’s not an accident — the waterfront is the Port’s core asset and a growing public destination, and the Port takes stewardship seriously. The same organization that’s spending $1 billion on Waterfront Place development is also the one organizing community cleanup days and replanting shoreline habitat. Both things are real and both matter.

    Jetty Island is only accessible by ferry from late June through Labor Day for the general public. The cleanup is one of the few chances to get out there in April, when the island is quiet, the water is clear, and you can actually hear the birds over the crowd. It’s worth going for that reason alone, separate from the civic good.

    Frequently Asked Questions

    When and where is the cleanup?

    Saturday, April 18, 2026 from 9 a.m. to noon. Meet at the Fishermen’s Tribute Plaza across from Bluewater Distilling at the Port of Everett waterfront.

    Do I need to register?

    Registration is encouraged but not required. Sign up at portofeverett.com/marinacleanup to help the Port plan supplies and transportation.

    Is there transportation to Jetty Island?

    Yes — Everett Community College’s Ocean Research College Academy is providing limited ferry transport on a first-come, first-served basis. Arrive early if you want to clean the island side.

    What should I bring?

    Wear clothes you can get dirty and footwear appropriate for beach and marina terrain. The Port provides gloves, trash bags, litter pickers, and snacks.

    Can kids participate?

    Yes — children are welcome as long as accompanied by a parent or guardian.

    How much litter did volunteers collect last year?

    More than 170 volunteers picked up 1,175 pounds of litter across nearly 100 acres of waterfront and the 2-mile Jetty Island in 2025.

  • Everett Waterfront Restaurant Wanted for Final Port Parcel

    Everett Waterfront Restaurant Wanted for Final Port Parcel

    The Port of Everett is searching for a flagship dining partner to build a high-end restaurant on the last available parcel along Restaurant Row at Waterfront Place — and the opportunity is unlike anything else on Puget Sound.

    Parcel A7 sits on a prominent corner of the marina promenade at Fisherman’s Harbor, with panoramic views of Puget Sound, the Olympic Mountains, and 2,300 boat slips. The Port isn’t leasing an existing building — it’s seeking a tenant willing to design and build their own restaurant on a long-term ground lease, from the ground up.

    What the Port Is Looking For

    The Port has been specific: a high-end steakhouse or similarly upscale experiential dining concept. The site can accommodate a two-story building with up to 8,000 square feet of interior space, a required rooftop deck, valet parking, and an expansive outdoor patio. And here’s the detail that sets this apart — diners can arrive by boat through the adjacent guest dock. Marina-to-table dining, for real. The Grand Avenue Park footbridge also links the site directly to downtown Everett, making it walkable from the urban core.

    “This is a one-of-a-kind opportunity to become part of Everett’s transforming destination waterfront,” said Catherine Soper, the Port’s Chief of Business Development and Tourism. “With strong year-round foot traffic, a bustling public marina, and a vibrant calendar of events, this space presents an exceptional business opportunity.”

    Restaurant Row Is Almost Full

    The Port has been on a restaurant opening tear. In the past six months: Rustic Cork Wine Bar opened December 2025, The Net Shed Fish Market and Kitchen opened December 2025, Tapped Public House opened March 2, 2026 with the largest waterfront rooftop deck in Snohomish County, and Marina Azul Cocina and Cantina and Menchie’s at the Marina are arriving this spring. That’s five new tenants in one build-out cycle, bringing Waterfront Place to 14 onsite cafes, breweries, and restaurants. Parcel A7 is the last significant vacancy in Fisherman’s Harbor — and the Port wants to cap it with something exceptional.

    Why This Matters for Everett

    Restaurant Row isn’t just a real estate play — it’s the front door of a $1 billion public/private redevelopment reshaping 65 waterfront acres. The Millwright District, the next major phase, is breaking ground now with 300+ waterfront apartments and up to 120,000 square feet of Class-A office space pre-leasing through Lincoln Property Company. That growing residential and workforce base is the long-term customer for whoever lands on A7. Waterfront Place logged more than 1.6 million site visits in 2024, with numbers expected to grow every year through full buildout.

    A high-end steakhouse or experiential concept at that corner — with those views, boat-in access, and that foot traffic — would be genuinely new for Everett and possibly for Puget Sound.

    How to Connect With the Port

    There is no exclusive listing brokerage for this parcel, though prearranged broker commissions will be honored. Interested operators can contact Senior Property Manager Tara Hays at tarah@portofeverett.com.

    Frequently Asked Questions

    Where exactly is parcel A7?

    On the marina promenade at Fisherman’s Harbor, Waterfront Place, Everett — at a prominent corner with highway and waterside visibility, adjacent to Hotel Indigo, connected to downtown by the Grand Avenue Park footbridge.

    Can guests actually arrive by boat?

    Yes. The site has a boat-in option through the Port’s adjacent guest dock — making marina-to-table dining genuinely possible at the West Coast’s largest public marina.

    What type of restaurant is the Port seeking?

    A high-end steakhouse or upscale experiential dining concept willing to design, build, and operate its own structure on a long-term ground lease.

    How many restaurants are already at Waterfront Place?

    14 onsite cafes, breweries, and restaurants as of spring 2026, with five more openings in the 2025–2026 wave. Parcel A7 is the final available spot at Fisherman’s Harbor.

    How much foot traffic does the waterfront see?

    More than 1.6 million site visits in 2024, with growth expected annually through full buildout of Waterfront Place.

  • Everett Housing Market: April 2026 Prices & Trends

    Everett Housing Market: April 2026 Prices & Trends

    What’s happening in Everett’s housing market right now? Everett’s market is uneven in spring 2026. Homes under $750K are moving fast — sometimes within days. The higher end is slower and more price-sensitive. The median sale price has softened from recent highs, with Redfin reporting a February 2026 median of $547,000. Here’s what buyers, sellers, and renters should know heading into spring.

    Every month we try to give you a real read on what’s happening in Everett’s housing market — not the national headlines, not the Puget Sound generalities, but what’s actually moving (or not moving) on the ground in our city. This month’s picture is more nuanced than the headline numbers suggest, so let’s dig in.

    The Headline Numbers: What Everett Homes Are Actually Selling For

    As of the most recent data available for early 2026, the median sale price of a home in Everett was $547,000 — according to Redfin data through February 2026. That’s down about 11.6% compared to the same period a year ago, and the median sale price per square foot sits at $394, which is actually up 0.9% year-over-year.

    Zillow’s methodology shows a slightly different picture: the average home value in Everett at approximately $619,916, down about 5.9% over the past year. The difference between Redfin’s and Zillow’s numbers reflects different calculation methods — Redfin uses actual sale prices, Zillow uses estimated market value — but both point in the same direction: a market that has cooled from its 2022–2023 peak but remains active.

    The Split Market: It Depends Entirely on Your Price Point

    Here’s what local market data is showing us, and it’s important: Everett’s housing market is not performing uniformly. It’s splitting cleanly by price point.

    Under $750,000: Active and Moving

    If you’re buying or selling under $750,000, you’re in the strongest part of the market right now. Homes in this range are attracting active buyers, moving quickly, and holding their value well. This is where first-time buyers and move-up buyers are competing, and competition is real enough that sellers in this range are seeing offers near — or at — list price.

    $750,000–$949,000: Active But Selective

    The upper-middle tier is moving, but only for homes that are priced right and show exceptionally well. Overpriced homes in this range are sitting. Buyers at this price point have options and they know it — they’ll wait for the right product at the right price. Sellers need to be realistic.

    $950,000+: Slow

    The luxury tier in Everett has slowed noticeably. Days on market are longer and price reductions are more common. This reflects both the interest rate environment and the reality that Everett’s luxury buyer pool is thinner than comparable markets in Bellevue or Kirkland.

    The Fastest Moving Property Type Right Now: Townhomes

    If there’s one standout in Everett’s spring 2026 market, it’s townhomes. The average time to go under contract for a townhome in Everett is running at approximately 6 days — among the fastest of any property type in the city. Of 21 townhomes that sold in the most recent tracked month, that 6-day average tells you exactly how much demand exists for this product.

    Why? Townhomes hit the under-$750K sweet spot for most Everett buyers, they offer more square footage than a condo at a lower price point than a detached single-family home, and their maintenance profile appeals to working households who don’t want to deal with a yard. In a market where detached homes can feel out of reach, townhomes have become the go-to entry point.

    New Construction: Inventory Without Buyers

    New construction is telling an interesting story right now. There’s a solid inventory of new builds in the Everett area — but actual sales activity has been light. In a recent tracked month, only one new construction home sold, and it went over list price. That single data point tells you two things simultaneously: buyers are discerning about new construction (often due to price or location), but when the right product shows up, competition emerges fast.

    Watch this space as the Millwright District’s 300+ new waterfront apartments come online in 2026 — they’ll be rental product, not for-sale, but they’ll add significant new inventory to the overall residential supply picture along the waterfront.

    What’s Driving the Year-Over-Year Softening?

    The 11.6% year-over-year decline in Everett’s median sale price isn’t a crash — it’s a correction from the extraordinary run-up the market saw in 2021–2023. Several factors are at play:

    • Interest rates — Mortgage rates remain elevated compared to the pandemic-era lows that fueled the frenzy. Monthly payments on a median-priced Everett home are significantly higher than they were in 2021 even at a lower purchase price.
    • More inventory — More sellers entered the market in 2025 and 2026 as people who had been waiting for rates to drop decided to move anyway. More supply = less upward price pressure.
    • National uncertainty — Broader economic uncertainty has made some buyers cautious, especially in the upper price tiers.

    If You’re Buying in Everett Right Now

    Spring 2026 is a legitimate window for buyers who’ve been waiting. The market has softened from its peak. The under-$750K range is competitive but not frantic — offers are coming in at or near list, not 20% over with waived inspections. You have more time to think, but not unlimited time: well-priced homes in good locations are still moving in days, not weeks.

    If you’re targeting a townhome, move fast. That segment is the hottest in the city right now. If you’re looking at detached single-family above $750K, you have negotiating room — use it.

    If You’re Selling in Everett Right Now

    Pricing matters more than it has in years. The “just price it high and see what happens” strategy that worked in 2021–2022 doesn’t work in spring 2026. Homes that are priced to the current market are selling well and quickly. Overpriced homes are sitting and requiring reductions — which signals weakness to buyers and costs you time and money.

    The good news: if you bought before 2020 and you’re selling now, you’re almost certainly still well ahead on appreciation. The correction has pulled prices back from peak, not back to pre-pandemic levels.

    Frequently Asked Questions

    What is the median home price in Everett WA in 2026?

    As of early 2026, Redfin data shows a median sale price of approximately $547,000 in Everett, WA, with a median price per square foot of $394. Zillow’s estimate for average home value in Everett is approximately $619,916. Both metrics reflect a modest year-over-year decline from 2025 peaks.

    Is the Everett housing market a buyer’s or seller’s market in 2026?

    It’s a split market. Under $750,000 — where most Everett transactions occur — it’s still fairly competitive for sellers, with homes moving quickly and near list price. Above $750,000, buyers have more leverage, more options, and more time to negotiate.

    How long does it take to sell a home in Everett WA?

    It depends heavily on property type and price point. Townhomes in Everett are averaging approximately 6 days to go under contract in spring 2026 — among the fastest of any property type. Detached single-family homes in the $750K–$950K range are taking longer, sometimes weeks, if not priced correctly.

    Are Everett home prices going up or down in 2026?

    Prices are modestly down year-over-year compared to early 2025, with Redfin showing approximately an 11.6% decline in median sale price and Zillow showing approximately a 5.9% decline in average home value. Both reflect a correction from 2022–2023 peaks rather than a significant crash.

    What types of homes are selling fastest in Everett in 2026?

    Townhomes are the fastest-moving property type in Everett’s spring 2026 market, averaging approximately 6 days to go under contract. They hit the high-demand under-$750K price range and offer more space than condos at a lower price than detached homes.

    Is new construction available in Everett WA?

    Yes, there is new construction inventory available in the Everett market in 2026, but sales activity has been relatively slow — only one new construction home sold in a recent tracked month, though it went over list price. The Millwright District at Waterfront Place is adding 300+ new rental units to the market in 2026.

  • Everett Downtown Stadium: Inside the $38M Funding Gap

    Everett Downtown Stadium: Inside the $38M Funding Gap

    Where does Everett’s stadium stand right now? As of spring 2026, Everett’s proposed downtown Outdoor Event Center has grown from an $82 million project to a $120 million project — leaving a $38 million funding gap that must be closed before the city council can give final approval. Here’s a plain-language breakdown of where the money comes from, where it doesn’t, and what happens next.

    We’ve been tracking Everett’s proposed downtown stadium since the first conceptual drawings surfaced, and lately the news has gotten more complicated. The price tag climbed from $82 million to $120 million. A $38 million funding gap opened up. City council approval is still pending. And yet Mayor Cassie Franklin is calling it a “once in a generation opportunity” and promising the gap will close.

    So what’s actually going on? Let’s walk through it — all the numbers, all the players, and the honest question of whether this stadium gets built by 2027.

    The Project, Explained

    The Everett Outdoor Event Center — commonly called the downtown stadium — is planned for a downtown block bounded by Hewitt and Pacific Avenues, east of Broadway. The project is designed to be a multi-use venue: it would host Everett AquaSox minor league baseball games, two United Soccer League teams (still in lease negotiations as of spring 2026), and year-round events including concerts and community gatherings.

    The design-build team is DLR Group and Bayley Construction — both well-established in Pacific Northwest stadium and arena work. Design reached 60 percent completion earlier in 2026, and city officials say a full plan and budget will be ready “very soon.”

    The city’s target: get the AquaSox playing there for the April 2027 baseball season. That’s less than 12 months away.

    Where Did the $120 Million Figure Come From?

    The project originally carried an $82 million price tag. That number grew to $120 million for two reasons, according to city special projects manager Scott Pattison:

    • More property acquisitions needed. The city needs to acquire more parcels on the proposed site than originally anticipated. At least 17 businesses currently occupy the proposed footprint, and property acquisition costs have risen.
    • Construction cost inflation. Like virtually every major construction project in the Pacific Northwest since 2022, the stadium’s hard construction costs have increased significantly.

    The $120 million is the current estimate. City officials acknowledge the design isn’t fully complete, which means the final number could still move before council votes.

    Where Is the Money Coming From?

    Here’s the funding stack as it currently stands, based on the city’s own presentation documents:

    • City of Everett bonds: ~$40 million — This is the city’s primary funding vehicle. The bonds would be repaid through stadium revenue: ticket sales, event fees, naming rights, and other stadium income. The city had already planned this piece before the cost increase.
    • State of Washington: ~8% of total (~$9.6M) — The state has committed to contributing, though the exact mechanism and timeline haven’t been finalized.
    • Snohomish County: ~4% (~$4.8M) — The county is in for a contribution as well.
    • Everett AquaSox ownership: ~9% (~$10.8M) — The team’s ownership group is contributing as a condition of occupying the stadium.
    • United Soccer League: ~9% (~$10.8M) — The USL is expected to contribute similarly, pending final lease agreements.

    Add that up: roughly $76 million committed or expected. Against a $120 million budget, that leaves the $38 million gap.

    How Does Everett Plan to Close the Gap?

    This is the central question. City officials and the mayor are pointing to two strategies:

    1. Private Investment

    The city is actively seeking private investors — local and regional business leaders and investors who would put capital into the project. Mayor Franklin’s State of the City address in March 2026 emphasized that Everett needs “new pathways to long-term, sustainable revenue” and positioned the stadium as a catalyst for that investment. City council members have pointed to similar projects on the West Coast where private dollars closed comparable gaps.

    2. Additional Municipal Bonds

    If private investment doesn’t cover the full gap, the city may issue supplemental bonds. This is the less popular option — it puts more city debt on the table — but officials say they’re confident the stadium’s revenue stream can support additional bond service.

    The Everett Chamber of Commerce has publicly supported the project, and the Herald’s editorial board has urged the city to keep pushing on funding. But there’s also real community skepticism: the Snohomish County Tribune has published critical op-eds questioning whether taxpayers should shoulder more of the cost.

    What Has to Happen Before Council Votes?

    Before city council can give final approval to build the stadium, three things need to happen:

    • The $38 million gap must be closed — or at least have a credible, council-approved funding plan.
    • Property purchases must be finalized — Two parcels are under contract as of spring 2026, but none have closed. The city can’t finalize designs without knowing what land it controls.
    • Lease agreements must be signed — The AquaSox and USL lease negotiations are ongoing. The city expects these to wrap within weeks, but “weeks” has been said before.

    Council then needs to vote to approve the project. That vote is the formal green light for construction to begin — and construction needs to start almost immediately if the April 2027 deadline is going to hold.

    What Happens if the Timeline Slips?

    The AquaSox are currently playing at Funko Field. If the new stadium isn’t ready for April 2027, they stay at Funko Field. The USL timeline also slides. The economic activity the city is projecting — “tens of millions of dollars” annually, per Mayor Franklin — gets pushed out by at least a year, probably more.

    For context: the original cost estimate was $82 million. It’s now $120 million. The original target was to open before 2027. We’ll see if that timeline holds.

    Our Take

    We want this stadium built. A multi-use venue in downtown Everett — baseball, soccer, concerts, community events year-round — is exactly the kind of infrastructure that accelerates the momentum we’re seeing at the waterfront and in the downtown core. The location makes sense. The design makes sense. The teams make sense.

    But the funding math needs to close, and close publicly, before this becomes a real project instead of a very expensive set of architectural renderings. The city owes residents a clear, accountable answer to: who is putting in the $38 million, and what happens if they don’t? We’ll be watching every council session until we get it.

    Frequently Asked Questions

    How much does the Everett downtown stadium cost?

    As of spring 2026, the estimated cost for the Everett Outdoor Event Center is $120 million, up from an original estimate of approximately $82 million. The increase reflects additional property acquisition needs and construction cost inflation.

    Where is the Everett stadium going to be built?

    The stadium is planned for a downtown Everett block between Hewitt and Pacific Avenues, east of Broadway. At least 17 businesses currently occupy the proposed site and will need to relocate.

    Who is funding the Everett downtown stadium?

    Funding comes from a mix of sources: approximately $40 million in city bonds (repaid by stadium revenue), contributions from the state of Washington, Snohomish County, the Everett AquaSox ownership, and the United Soccer League. A $38 million gap remains to be filled by private investors or additional bonds.

    When will the Everett stadium open?

    The city is targeting an opening for the April 2027 Everett AquaSox baseball season. City council has not yet given final approval to build. Construction would need to begin in 2026 to hit a 2027 opening.

    Who will play in the Everett downtown stadium?

    The stadium is designed for the Everett AquaSox (minor league baseball), two United Soccer League teams, and year-round events including concerts and community events. USL lease negotiations were still ongoing as of spring 2026.

    Who is designing the Everett stadium?

    DLR Group is the architect and Bayley Construction is the design-build contractor for the Everett Outdoor Event Center. Design was approximately 60 percent complete as of early 2026.

    Has Everett city council approved the stadium?

    No. As of spring 2026, city council has not given final approval to build the stadium. Final approval requires closing the funding gap, completing property acquisitions, and finalizing lease agreements with the sports teams.