Category: Everett Waterfront

If you are moving to Everett or looking for a first apartment: 124 new studio apartments are opening in Silver Lake in August 2026 — market-rate, no income restrictions, no waitlist. The former Econo Lodge at 9602 19th Street SE is being converted by Sage Investment Group into the kind of workforce studio housing that has been in short supply across south Everett. Here is what you need to know before you apply.

What Is Opening and When

Sage Investment Group purchased the Econo Lodge near Silver Lake in 2025 for $9.5 million and is investing $7 million to convert all 124 motel rooms into fully equipped studio apartments with complete bathrooms and kitchens. Phase 1 leasing opens August 2026. The address is 9602 19th Street SE, Everett, WA 98204 — in the Silver Lake area of south Everett, along the Highway 99 corridor.

These are market-rate units. No income verification, no application waitlist, no public subsidy program to navigate. Sage’s target market is the “Missing Middle” — people who need decent housing near jobs and transit, earn a moderate income, and don’t qualify for income-restricted housing but also can’t afford new luxury apartment stock. If that describes you, this project was built for your situation.

Silver Lake as a Place to Live: What You’re Getting Into

Silver Lake is south Everett’s working-neighborhood corridor. It sits along Highway 99 between downtown Everett to the north and the Everett Mall / Casino Road zone to the south. The neighborhood is defined by its access to employment rather than by a walkable amenity cluster — there is no downtown square, no concentrated restaurant row, no arts district. What Silver Lake has is proximity: 15–20 minutes to Paine Field, 10–15 minutes to downtown Everett, reasonable bus access on Community Transit’s south Everett routes.

For new residents comparing Everett to Seattle: Silver Lake offers significantly lower housing costs on a per-square-foot basis, shorter commutes to south Snohomish County employment, and none of the density pressure that characterizes Seattle neighborhoods near light rail. It is a practical choice, not a lifestyle choice — which is exactly what a lot of people moving to Everett for a job at Boeing, Providence Regional Medical Center, or an Everett-area logistics employer are looking for.

The Everett Housing Market Context for 2026

Snohomish County saw a 51.8% year-over-year surge in active home listings in March 2026 — but that inventory is concentrated in for-sale product above $600,000. The March 2026 median home price held at $738,000, with homes still selling at 99.9% of asking in an average of 35 days. For renters, the supply expansion at the ownership level has not translated into dramatically lower rents on the apartment side.

The Sage Silver Lake project adds 124 rental units to Everett’s inventory without displacing existing residents — the land was previously a motel with zero long-term residential occupancy. That net-new-unit character matters in a market where most new apartment supply has come from luxury developments with $1,800–$2,400 one-bedroom asking rents. Studio units in a motel conversion should price meaningfully below that range.

How to Track This Opening

Sage has not announced a pre-leasing timeline as of May 2026. Based on standard practice for projects of this type, expect listings to appear on Apartments.com, Zillow, and similar platforms 60–90 days ahead of the August 2026 Phase 1 opening — meaning June or July. Check Sage Investment Group’s portfolio page (sageinvestment.com/portfolio) directly for any pre-leasing announcements.

For people actively apartment hunting in south Everett right now: the Cascade View and Silver Lake neighborhoods have seen new neighborhood guide coverage on this site that maps the full residential and amenity picture. The motel conversion at 19th Street SE is the first major new rental addition to Silver Lake in several years — and it arrives just as the south Everett housing corridor is seeing increased attention from investors tracking the Community Transit expansion and the Everett Link Extension light rail planning.

Frequently Asked Questions for People Moving to Everett

How do I apply for the Sage Silver Lake apartments in Everett?

Pre-leasing has not opened as of May 2026. Phase 1 leasing opens August 2026. Watch sageinvestment.com/portfolio, Apartments.com, and Zillow for listings. Expect availability to appear 60–90 days before the August opening.

Do I need to meet income requirements for the Silver Lake studios?

No. These are market-rate units with no income restrictions and no subsidized housing program requirements. Standard rental application criteria (income verification, credit, rental history) will apply, but there are no maximum income limits or program eligibility requirements.

What is Silver Lake like as a neighborhood in Everett?

Silver Lake is a south Everett working neighborhood along the Highway 99 corridor. It has strong access to south Snohomish County employment (Paine Field 15–20 min, downtown Everett 10–15 min), Community Transit bus service, and the practical infrastructure of a mid-density residential area. It is a commuter-practical neighborhood rather than an amenity-rich one.

How does Everett compare to Seattle for renting?

Everett typically offers lower per-square-foot rents than Seattle, with shorter commutes to Snohomish County employment and less density pressure. The March 2026 median home price in Snohomish County was $738,000 — lower than King County. New luxury apartments in downtown Everett have listed at $1,800–$2,400 for one-bedrooms; workforce studio conversions like the Sage project should price below that range.

What transit is available near 9602 19th Street SE?

The Silver Lake area is served by Community Transit bus routes along Highway 99 and Casino Road. The planned Everett Transit consolidation into Community Transit will expand route coverage. Sound Transit’s Everett Link Extension, pending the June 30, 2026 board vote, includes stations that will eventually connect south Everett to the regional light rail spine.

Related: Complete Guide to the Sage Econo Lodge Conversion | Cascade View Neighborhood Guide | Snohomish County Housing Market 2026

Quick Answer: Sage Investment Group is converting the former Econo Lodge at 9602 19th Street SE in Everett into 124 studio apartments, with Phase 1 leasing opening August 2026. The $16.5 million project — $9.5M acquisition plus $7M buildout — is one of the most straightforward housing additions Silver Lake has seen in recent memory: no new construction permits, no public subsidy, no wait list. Just 124 units of “Missing Middle” market-rate housing arriving in a neighborhood that needs them.

The Silver Lake Conversion: What Sage Is Building

The Econo Lodge at 9602 19th Street SE has been operating as a budget motel along the Highway 99 corridor through Silver Lake in south Everett. Sage Investment Group, a Seattle-area real estate firm that has been active in the Puget Sound motel-to-apartment conversion market, purchased the property in 2025 for $9.5 million and is investing an additional $7 million in the buildout — converting each of the 124 motel rooms into a fully equipped studio apartment with a complete bathroom and kitchen.

The project is part of Sage’s established playbook of acquiring underperforming hospitality properties and converting them to permanent residential use. The model works because the bones of a motel — individual lockable units with separate plumbing — translate directly to studio apartment units with minimal structural modification. The cost per unit is dramatically lower than ground-up construction, and the timeline is measured in months rather than years.

“Missing Middle” Housing: Who This Is For

Sage is explicitly targeting what housing economists call the “Missing Middle” — moderate-income earners who need housing near jobs and transit but earn too much to qualify for subsidized or income-restricted housing, and not enough to afford Everett’s new luxury apartment stock. In a market where Snohomish County’s median home price held at $738,000 in March 2026 even as inventory rose 51.8% year-over-year, the Missing Middle gap is acute.

The 124 studios at 19th Street SE will lease at market rates — specific pricing has not been announced ahead of the August 2026 Phase 1 opening, but motel conversion projects of this type in the Puget Sound market typically come in well below newly constructed apartment stock on a per-square-foot basis. For single-income workers, recent graduates, and individuals transitioning from shared housing or unstable situations, this type of unit is often the only viable path to a private, independently leased home near employment centers.

Why Silver Lake — and What It Signals About South Everett

Silver Lake is not Everett’s headline neighborhood. It sits south of downtown along the Highway 99 corridor, defined more by its proximity to employment — Paine Field to the north, the Everett Mall area to the south — than by any particular amenity cluster. But that employment proximity is exactly why a 124-unit housing addition matters here.

South Everett’s workforce housing gap has been documented repeatedly. The 5,200-worker aerospace labor shortage in Snohomish County is partly a housing accessibility problem: workers who could fill jobs at Paine Field and the North Line can’t find affordable housing close enough to make the commute work. The Silver Lake location — near Community Transit’s Casino Road campus, adjacent to Highway 99, with access to multiple bus routes — positions these units for workforce housing demand from the aerospace, healthcare, and logistics employers concentrated in south Everett.

Sage’s acquisition also signals that the motel-to-apartment conversion model, which has been active in Seattle and Tacoma for several years, is now reaching south Everett’s Highway 99 corridor. There are multiple underutilized hospitality properties along this stretch. If the Sage conversion performs well at lease-up, expect similar projects to follow.

The August 2026 Timeline

Phase 1 leasing opens August 2026. Sage has not announced a specific marketing timeline or pre-leasing availability, but the company’s standard practice is to list units through major apartment platforms (Apartments.com, Zillow, etc.) ahead of a Phase 1 opening. Prospective tenants interested in the Silver Lake location should watch Sage’s website and major listing platforms beginning in June or July 2026.

The conversion involves upgrading each of the 124 rooms with a full kitchen — the primary modification required to meet residential habitability standards — along with bathroom upgrades, code compliance work, and common-area improvements. Sage’s $7 million buildout budget works out to roughly $56,500 per unit, consistent with motel conversion projects of similar scale in the region.

What It Means for Everett’s Housing Supply

Snohomish County’s active home listings surged 51.8% year-over-year in March 2026 — but that inventory increase is concentrated in for-sale product at price points above $600,000. The rental supply side of the Missing Middle has not seen a comparable expansion. The 124 Sage units represent a meaningful, immediate addition to Everett’s rental inventory without requiring a rezoning, a public subsidy, or a multi-year permitting process.

Everett’s Imagine Everett comprehensive plan envisions densification along transit corridors — and the Highway 99 / Silver Lake corridor is explicitly identified as a growth area. Motel conversions are a form of adaptive reuse that delivers density without displacement: the land was already developed, the units are net-new housing on a footprint that was previously providing zero long-term residential units, and the conversion brings underutilized commercial property into productive residential use.

Frequently Asked Questions

What is the Sage Investment Econo Lodge conversion in Everett?

Sage Investment Group purchased the former Econo Lodge at 9602 19th Street SE in Silver Lake, Everett for $9.5 million and is investing $7 million to convert all 124 motel rooms into studio apartments. Phase 1 leasing opens August 2026. Total project cost is $16.5 million.

When do the Sage Silver Lake apartments open?

Phase 1 leasing is expected to begin in August 2026. Specific unit availability and pricing will be announced closer to the opening. Watch Sage’s website and major listing platforms starting June–July 2026.

How much will the Silver Lake studio apartments cost?

Sage has not announced specific rental pricing. The project targets “Missing Middle” market-rate renters — moderate-income workers who need housing near jobs but don’t qualify for subsidized housing. Motel conversion projects typically lease below newly constructed apartment stock in the same market.

Where exactly is the Econo Lodge conversion in Everett?

9602 19th Street SE, Everett, WA 98204. The property is along the Highway 99 corridor in the Silver Lake area of south Everett, near Community Transit bus routes and approximately 15–20 minutes from Paine Field by car or transit.

What is “Missing Middle” housing?

Missing Middle housing serves moderate-income earners who earn too much to qualify for subsidized housing but not enough to afford new luxury apartment stock. In Snohomish County, where the March 2026 median home price was $738,000, the Missing Middle gap is significant for single-income workers, recent graduates, and workforce housing candidates in aerospace, healthcare, and logistics sectors.

Is this subsidized affordable housing?

No. The Sage project is market-rate housing with no public subsidy or income restrictions. It targets moderate-income renters at market rates, but below the price point of newly constructed luxury apartments. Tenants do not need to meet income qualification requirements.

Related Exploring Everett coverage: Everett Econo Lodge Becoming 124 Studio Apartments | Snohomish County Housing Inventory Up 51.8% | Everett Housing Market Three Submarkets Guide

The Problem the Grant Solves

Pier 3 was built in 1973 with a design live load of 800 pounds per square foot — the rating that allows standard cargo-handling equipment to operate on it. Structural degradation over five decades has forced successive deratings. Today, the south side of the pier is rated at 600 lbs/sqft. The north side is 400 lbs/sqft. Some sections are lower.

In practice, that means the heavier cranes, forklifts, and handling equipment that would otherwise run on a full-capacity pier cannot be permitted. Cargo that requires that equipment has to be handled differently — or routed elsewhere. The rebuild installs new vertical piles and restores damaged structural elements, returning the pier to its full capacity and allowing normal heavy-equipment operations to resume.

What It Means for the Port’s Cargo Mix

The Port of Everett Seaport handles bulk commodities (alumina ore, cement), forest products, and general cargo. A fully restored Pier 3 expands the port’s ability to handle a more diverse mix of freight — particularly cargo requiring heavy handling equipment that the derated pier currently cannot support.

For businesses that import or export through Puget Sound, a stronger Port of Everett means more optionality. The port is already designated by MARAD as a Strategic Commercial Seaport — one of only 18 nationwide — based on its importance to Department of Defense logistics. The rebuild reinforces that designation and the port’s position as a viable alternative to Port of Seattle or Tacoma for certain cargo categories.

The Industrial Market Context

Snohomish County is currently the most affordable industrial and warehouse market in the Puget Sound region. Q1 2026 data from Kidder Mathews shows asking rents running $0.70 to $1.00 per square foot monthly on a triple-net basis — the value end of a market where Seattle-side King County runs up to $1.60/sqft. With 10.39% industrial vacancy across the Seattle metro, Snohomish County is in a tenant-favorable window that is unlikely to last.

A higher-capacity Pier 3 makes the Port of Everett a more competitive import/export hub for businesses already operating in those Snohomish County industrial parks. The supply chain logic is straightforward: affordable warehouse space plus a functioning deepwater port with full cargo-handling capacity is a logistics combination that the county’s industrial corridor — running along Highway 9, SR 9, and the I-5 corridor north of Everett — is well positioned to promote. The full Snohomish County industrial market analysis is at this site’s warehouse market guide for Q1 2026.

Defense Logistics: The DOD Connection

As a MARAD Strategic Commercial Seaport, the Port of Everett supports Department of Defense cargo movements — military equipment, supplies, and materiel that move through commercial ports during exercises, deployments, and mobilizations. The Navy’s presence at Naval Station Everett, combined with the Port’s Strategic Seaport designation, makes Everett a node in the military logistics network that extends from Puget Sound to the Pacific.

The Pier 3 rebuild strengthens that node. For contractors and businesses that support the defense supply chain — from aerospace suppliers in the Paine Field corridor to logistics companies that handle defense cargo — a fully operational Pier 3 is relevant infrastructure.

How to Engage With the Port

The Port of Everett’s seaport operations team handles cargo inquiries directly. The project covers planning, engineering, environmental review, permitting, and construction — a multi-year timeline. Businesses with active or planned cargo operations at Pier 3 should contact the Port directly at portofeverett.com for scheduling and operational impact information as the project progresses.

The complete guide to the Pier 3 grant — including the full structural history and MARAD designation background — is at the Port of Everett Pier 3 complete 2026 guide.

Frequently Asked Questions

What types of cargo will Pier 3 handle after the rebuild?
A more diverse cargo mix than the derated pier currently allows. Historically: bulk alumina ore, cement, general cargo, forest products. Full 800 lbs/sqft restoration allows heavier cargo-handling equipment to operate.

Does the Pier 3 rebuild affect current shipping operations?
Construction phasing and operational impacts have not been announced. Contact the Port of Everett directly at portofeverett.com for scheduling questions.

What is the Port of Everett’s overall capacity?
Washington’s third largest container port and a MARAD Strategic Commercial Seaport, supporting 40,000+ local jobs. Handles bulk, breakbulk, and general cargo.

How does the Pier 3 rebuild connect to Snohomish County’s industrial market?
Snohomish County is the most affordable Puget Sound industrial market at $0.70–$1.00/sqft NNN. A stronger Pier 3 adds import/export capability that supports businesses in county industrial parks.

How does a business inquire about Port of Everett shipping services?
Contact portofeverett.com directly. The Port handles bulk, breakbulk, and general cargo inquiries through its seaport operations team.

What Pier 3 Is and What’s Wrong With It

Pier 3 is the longest berth at the Port of Everett Seaport — 730 feet long with a 120-foot-wide concrete deck, constructed in 1973. For over five decades it has been the backbone of the Port’s cargo operations, handling bulk alumina ore, cement, general cargo, and forest products moving through Puget Sound.

The problem is structural. Pier 3 was originally engineered for a uniform live load of 800 pounds per square foot. Over the years, degradation has required the pier to be derated. The south side now carries a maximum of 600 lbs/sqft. The north side is rated at 400 lbs/sqft. Some sections are derated further. In practical terms, this means the heavy cargo-handling equipment that would otherwise run on the pier cannot be permitted on the structure — limiting the Port’s operational flexibility and the types of cargo it can process.

“The Port is grateful to the U.S. Department of Transportation for this critical maritime infrastructure investment that will ensure the Port of Everett Seaport continues to safely support 40,000-plus local jobs, regional economic development, and the Washington state economy,” said Port CEO and Executive Director Lisa Lefeber at the time of the announcement.

What the $11.25 Million Grant Funds

The PIDP grant covers the full scope of the Pier 3 Strengthening Safety and Commerce project: planning and engineering, environmental review, permitting, and construction. The core construction work is installing new vertical piles beneath the pier and restoring other damaged structural elements — the work that will return Pier 3 to its full live-load capacity and allow heavy equipment to operate on the deck again.

The grant was part of a broader $22 million federal investment in Northwest Washington port infrastructure announced by Rep. Rick Larsen. The Swinomish Indian Tribal Community received the remaining funds for a separate project. PIDP grants are awarded nationally on a competitive basis — ports must demonstrate clear benefits to the safety, efficiency, or reliability of freight movement to qualify.

Why the Port of Everett Is One of 18

The Port of Everett holds a MARAD Strategic Commercial Seaport designation — one of only 18 ports in the United States to carry that status. The designation is based on the port’s importance to Department of Defense cargo movements. Strategic Commercial Seaports are the civilian maritime infrastructure the military counts on for logistics during mobilizations and sustained operations.

That designation is part of why the Port of Everett consistently wins federal investment. It’s not just about commerce — it’s about defense supply chain resilience. A degraded Pier 3 is a gap in that chain. Restoring it to full capacity makes Everett’s role in the national maritime network more secure.

The Broader Waterfront Context

The Pier 3 grant arrives alongside ongoing investment across Everett’s waterfront. The $6.75 million wharf rebuild on West Marine View is nearing completion. The Millwright District is under construction. Waterfront Place Restaurant Row has new tenants operating. The Edgewater Bridge — which improves access to the waterfront corridor — opened April 29, 2026.

The Pier 3 rebuild is the seaport side of that same story. While the marina-facing development attracts restaurants and housing, the industrial seaport is quietly receiving federal infrastructure investment that underpins the economic base all that development rests on. The Waterfront Place complete guide covers the marina and restaurant district in detail.

Frequently Asked Questions

What is the Port of Everett Pier 3 federal grant?
An $11.25 million MARAD PIDP grant to rebuild Pier 3 — installing new piles and restoring structural capacity on the port’s 730-foot longest berth, originally built in 1973.

Why does Pier 3 need to be rebuilt?
Structural degradation has derated the pier from 800 lbs/sqft original capacity to 600 lbs/sqft (south) and 400 lbs/sqft (north), preventing full-capacity cargo operations and heavy equipment use.

What cargo does Pier 3 handle?
Historically: bulk alumina ore, cement, general cargo, and forest products. Full structural restoration would allow a more diverse cargo mix and heavier equipment.

How many jobs does the Port of Everett support?
Port CEO Lisa Lefeber cited 40,000-plus local jobs supported by the Port of Everett Seaport’s operations.

What is the MARAD Strategic Commercial Seaport designation?
A federal designation held by only 18 U.S. ports, based on importance to Department of Defense cargo movements. The Port of Everett holds this designation.

Who announced the grant?
Rep. Rick Larsen announced the $22 million Northwest Washington port infrastructure package. MARAD’s formal announcement came April 27, 2026.

When will the Pier 3 rebuild be completed?
No specific date has been announced. The grant covers planning through construction — a multi-year process for marine infrastructure of this scale.

Q: How much does warehouse space cost in Snohomish County in 2026?
A: Snohomish County warehouse rents in 2026 are running approximately $0.70 to $1.00 per square foot monthly on a triple-net basis — the most affordable warehouse market in the Puget Sound region. The broader Seattle metro ranges from $0.70 to $1.60/SF monthly, making Snohomish County the value end of the market by a significant margin.

The Number That Matters: $0.70 to $1.00 per Square Foot

If you’re an Everett-area business looking for industrial or warehouse space in 2026, the market conditions haven’t been this favorable in over a decade. Snohomish County’s warehouse and industrial rents are running $0.70 to $1.00 per square foot monthly (NNN), making it the most affordable industrial submarket in the entire Puget Sound region, according to WareCRE’s 2026 Seattle Warehouse Market Report. That’s below Southend markets like Kent and Renton, below Pierce County, and well below the Seattle in-city markets at the top of the range.

To put that in annual terms: $0.70 to $1.00/SF monthly is $8.40 to $12.00/SF annually on a triple-net lease. For a 20,000-square-foot distribution or manufacturing facility, that’s $168,000 to $240,000 per year in base rent — before operating expenses that you’re responsible for as a tenant under NNN terms, but still well below what comparable space costs in King County.

And those asking rents are the ceiling right now, not the floor. Kidder Mathews’ Q1 2026 Seattle Industrial Market Report shows vacancy at 10.39 percent across the Seattle metro industrial market, up from 9.74 percent at year-end 2025. At that vacancy level, with net absorption running negative (-130,751 square feet absorbed in Q1 2026) and only two speculative projects totaling 478,740 square feet under construction across the entire market, landlords are dealing. Effective rents — after concessions like free rent periods and tenant improvement allowances — are running below the published asking rates across the region.

The Market Context: Why It’s the Best Tenant Window in a Decade

The Puget Sound industrial market is correcting from a 2021-2022 boom cycle that pushed vacancy to historic lows. Speculative development that was planned during that peak is now delivering into a softened demand environment. The result is the most tenant-friendly industrial market the region has seen in more than ten years.

Cushman & Wakefield’s April 2026 Industrial MarketBeat report describes the national picture this way: “Peak industrial vacancy likely in rearview mirror as demand holds and supply slows.” The national vacancy rate ended Q1 2026 at 7.0 percent — flat with year-end 2025, and 10 basis points below the Q3 2025 peak. The West region runs hotter than the national average at 7.9 percent, and Seattle specifically came in at 9.7 percent for Q1 2026.

That 9.7 percent Seattle metro figure blends markets with very different profiles — Southend logistics hubs, South Seattle last-mile space, and Eastside flex. Snohomish County’s position within that range reflects its role as the region’s industrial value market: strong fundamentals, affordable rents, and proximity to the Port and to Paine Field’s aerospace manufacturing cluster without the price premium of South King County.

Tariffs have added a wrinkle to the demand picture. Container volume growth at the Northwest Seaport Alliance reversed from 16 percent year-over-year to 0.2 percent, according to WareCRE’s 2026 report — a direct effect of tariff uncertainty on import volumes. For Everett specifically, which handles breakbulk and project cargo rather than containerized imports, this tariff impact is less acute than it is for the container-focused markets south of Seattle. But it’s part of the broader softening that has tilted conditions toward tenants.

What This Means for Everett Businesses Specifically

For businesses in the Everett corridor — manufacturing, distribution, aerospace supply chain, construction materials — Q1 2026 is the moment to renegotiate or explore. A few specific scenarios:

If you’re renewing a lease: Don’t auto-renew. Take this market to your landlord and negotiate. Vacancy is up, absorption is negative, and landlords are offering concessions that weren’t available 18 months ago. Free rent periods, tenant improvement allowances, and rate reductions are all on the table in a 10-percent-vacancy market.

If you’re looking for your first industrial space: Snohomish County’s $0.70 to $1.00/SF range gives you significant square footage for your budget. The Port of Everett’s bonded warehouse space, Norton Terminal cargo yard, and on-dock rail connection make this a particularly attractive location for businesses with freight-intensive operations.

If you’re an aerospace or defense supplier: The Port of Everett Seaport — which just landed an $11.25 million federal grant to rebuild Pier 3 — is actively expanding its cargo-handling capacity. Industrial space near the Port and near Paine Field puts you in the middle of that ecosystem at the market’s most affordable price point.

The Port’s Industrial Footprint: What’s Already There

The Port of Everett is not just a transshipment point — it’s an industrial anchor. The Seaport campus includes Norton Terminal (40 acres, paved, lit, and secured), bonded warehouse space, a 15-acre secondary cargo yard, 40-foot MLLW deep-water access, and on-dock rail. That infrastructure supports freight-intensive tenants at a scale that most Puget Sound industrial parks can’t replicate.

The Port’s broader economic footprint — $21 billion in U.S. exports annually, 40,000-plus jobs supported, $433 million in state and local tax revenues — makes Snohomish County’s industrial corridor one of the most economically active in the Pacific Northwest, despite not getting the same press as South King County’s distribution hubs.

The Snohomish County office market also showed improvement in Q1 2026, with vacancy ticking down to 10.7 percent and posting a third consecutive quarter of positive net absorption. The industrial and office markets are telling a consistent story: Snohomish County is a market with more space available than King County, at lower prices, and with occupiers slowly returning.

What Comes Next

With only two industrial construction projects totaling 478,740 square feet active across the Seattle metro, new supply isn’t going to flood the Snohomish County market in the next 12 to 18 months. Cushman & Wakefield’s assessment — that peak vacancy may be behind us — suggests the window of maximum tenant leverage may be closing at the national level, even if local conditions lag that trend by a quarter or two.

For Everett: the Pier 3 rebuild will take multiple years from planning through construction, but when it’s done, the Port will have a pier capable of handling more diverse and heavier freight. That means more industrial activity flowing through the waterfront corridor, more demand for warehouse and staging space near the Seaport, and a strengthened case for industrial site selection decisions that prioritize proximity to the Port.

Right now, $0.70 to $1.00/SF is the entry price. That’s the Snohomish County advantage — and in this market, it’s also the moment to use it.

Frequently Asked Questions

What is the average warehouse rent in Snohomish County in 2026?

Snohomish County warehouse rents are approximately $0.70 to $1.00 per square foot monthly (NNN) in 2026, making it the most affordable industrial submarket in the Puget Sound region. The broader Seattle metro ranges from $0.70 to $1.60/SF monthly.

Is the Seattle industrial real estate market a buyer’s or tenant’s market right now?

As of Q1 2026, it is the most tenant-friendly industrial market in over a decade. Vacancy is at 10.39 percent across the Seattle metro, net absorption was negative in Q1 2026, and landlords are offering concessions including free rent and TI allowances.

How does tariff uncertainty affect the Snohomish County industrial market?

Tariffs reversed container volume growth at the Northwest Seaport Alliance from 16 percent year-over-year to 0.2 percent, softening demand in logistics-heavy submarkets. Snohomish County and the Port of Everett, which focus on breakbulk and project cargo rather than containerized imports, are somewhat insulated from this trend.

Where is industrial space available near the Port of Everett?

The Port of Everett Seaport campus includes Norton Terminal (40 acres), bonded warehouse space, a 15-acre secondary cargo yard, and on-dock rail. Additional industrial space in the Everett corridor is available through commercial brokers; the Port’s business development team can also connect businesses with Port-adjacent space options.

Is now a good time to lease industrial space in Everett?

Q1 2026 represents favorable conditions for tenants: vacancy is elevated, new supply is limited, and landlords are offering concessions. Cushman & Wakefield’s April 2026 report suggests peak industrial vacancy may be in the rearview nationally, which means the current window of maximum tenant leverage may be narrowing.

Q: What is the Port of Everett Pier 3 federal grant?
A: In April 2026, the Port of Everett was awarded an $11.25 million grant from the federal Port Infrastructure Development Program (PIDP) to modernize and strengthen Pier 3, the seaport’s longest berth. The project will install new vertical piles, restore damaged structural elements, and restore the pier to its full cargo-handling capacity — unlocking more diverse freight operations at one of the West Coast’s 18 federally designated Strategic Commercial Seaports.

The Grant: $11.25 Million to Fix the Pier That Holds Up Everett’s Supply Chain

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced on April 27, 2026, that the Port of Everett had been selected for an $11.25 million competitive grant under the Port Infrastructure Development Program (PIDP). The award came as part of a broader $22 million federal investment in Northwest Washington port infrastructure, with the Swinomish Indian Tribal Community receiving the remaining funds for a separate project.

PIDP grants are awarded nationally on a competitive basis. To qualify, projects must demonstrably improve the safety, efficiency, or reliability of freight movement into, out of, or within a port. The Port of Everett’s Pier 3 project cleared that bar — and it’s not hard to see why when you understand what Pier 3 actually does and what’s been happening to it structurally.

Port of Everett CEO and Executive Director Lisa Lefeber didn’t undersell the significance: “The Port is grateful to the U.S. Department of Transportation for this critical maritime infrastructure investment that will ensure the Port of Everett Seaport continues to safely support 40,000-plus local jobs, regional economic development, and the Washington state economy.”

What Pier 3 Is — and Why It Needs This Work

Pier 3 is the longest berth at the Port of Everett Seaport, measuring 730 feet long with a 120-foot-wide concrete deck. It was constructed in 1973 and has facilitated global and regional trade for over five decades — handling bulk alumina ore, cement, general cargo, and forest products across those years.

But Pier 3 has a structural problem. The pier was originally engineered to carry a uniform live load of 800 pounds per square foot. In recent years, that rating had to be derated — the south side dropped to 600 pounds per square foot, the north side to 400 pounds per square foot, and some sections were derated even further. In practical terms, that means the pier cannot be used to its full operational potential. Cargo-handling equipment that would otherwise operate on the pier isn’t permitted because the structure can’t safely carry the load.

That’s the problem the $11.25 million fixes. The Pier 3 Strengthening Safety and Commerce project will install new vertical piles beneath the pier and restore other damaged piles, adding new structural life to a facility that Washington’s construction industry, the U.S. military, and global maritime commerce all rely on.

What Pier 3 Does Today — and What It Will Be Able to Do After

Right now, despite its compromised load rating, Pier 3 is doing a lot. Its primary use is bulk cement operations. That’s because Pier 3 sits directly adjacent to a 55,000-ton dry bulk cement storage dome at Hewitt Terminal — one of the largest cement storage facilities in the Pacific Northwest. The cement stored and moved through this terminal is a critical supply chain asset for Washington state’s construction industry. Every major building project from Seattle to Bellingham that uses concrete is connected, at some point, to freight moving through this pier.

The north side of Pier 3 serves a different critical function: ship repair. A Seaport tenant uses that berth for maintenance and repair work on vessels serving the U.S. Navy, Department of Defense, U.S. Coast Guard, Washington State Ferries, and the commercial fishing fleet. That’s not a minor side operation — it’s a direct service line to the military and to the state’s ferry system, the largest in the country.

After the strengthening project is complete, the pier’s operational envelope expands significantly. The restored load ratings will allow cargo-handling equipment to operate across the full deck, which means the Port can diversify the types of freight Pier 3 can handle — moving beyond its current cement-primary profile to take on breakbulk cargo, project cargo, and other freight categories where the Port already has a strong reputation.

Pier 3’s Position in the Larger Port Complex

What makes this grant especially significant is Pier 3’s location within the Seaport’s freight network. The pier sits close to Norton Terminal — the Port’s award-winning, 40-acre, paved, lit, and fully secured cargo yard — as well as adjacent bonded warehouse space, an additional 15-acre cargo yard, 40-foot mean lower low water (MLLW) depth, and on-dock rail access. That combination of deep-water berth, secured yard, and rail connectivity is rare on the West Coast and is a primary reason why the Port has built a reputation for handling oversized and high-value cargo.

Pier 3 is also part of the reason why the Port of Everett can make a claim that would sound improbable on paper: the Port handles 100 percent of the oversized aerospace parts for Boeing’s 767, 777, 777X, and KC-46 Tanker programs. Those parts — too large to move by truck — come down the Snohomish River from the Paine Field manufacturing campus and load out at the Seaport. Restoring Pier 3’s full operational capacity directly supports that aerospace export pipeline.

Strategic Commercial Seaport Status: What That Actually Means

Tim Ryker, the Port of Everett’s Chief of Seaport Operations, highlighted a dimension of the project that goes beyond commercial freight: “It will also allow us to better serve in our role as a Strategic Commercial Seaport in support of our national defense and our military partners.”

That’s not boilerplate language. The Port of Everett is one of just five Strategic Commercial Seaports on the West Coast and one of only 18 nationwide. That federal designation — from MARAD, the same agency that awarded this grant — means the Port must maintain military-readiness capability and be prepared to support Department of Defense cargo movements on short notice. With Pier 3 operating below its designed capacity, that readiness posture is constrained. The strengthening project restores it.

The Economic Numbers Behind the Pier

The Port of Everett Seaport sits 25 miles north of Seattle in naturally deep water. It ranks as the second largest export customs district in Washington state and the fifth on the West Coast. The port supports nearly $21 billion worth of U.S. exports annually, or roughly $30 billion when both imports and exports are counted together. The regional transportation network tied to those operations supports more than 40,000 jobs and $433 million in state and local tax revenues.

With more than 60 percent of jobs in Snohomish County tied to trade, the Port’s infrastructure isn’t a footnote to Everett’s economy — it is a primary driver of it. An $11.25 million investment in the structural integrity of the port’s longest berth is, in that context, exactly the kind of infrastructure maintenance that holds the whole system together.

The funding covers the full scope of the Pier 3 project: planning and engineering, environmental review, permitting, and construction. Representative Rick Larsen, who shared news of the award with Port representatives, has been a consistent advocate for Pacific Northwest port infrastructure funding in Congress.

What We’re Watching Next

The PIDP grant covers the complete project lifecycle, so the next step is the planning and engineering phase — the environmental review and permitting work that will precede construction. Given the Port’s track record on infrastructure projects like the Segment E bulkhead rebuild on West Marine View Drive (which is wrapping up final-phase construction right now after 20 years), we expect planning to move efficiently. What we’ll be watching: the environmental review timeline, the contractor selection process, and whether the project schedule aligns with the Port’s broader 2026 capital plan outlined in its $70 million 2026 budget.

For a deep look at what the Port’s working waterfront actually handles on a daily basis, the Hat Island Ferry harbor tour remains the best public window into that operation.

Frequently Asked Questions

What is the Port Infrastructure Development Program (PIDP)?

PIDP is a federal competitive grant program administered by MARAD (U.S. Department of Transportation Maritime Administration). Grants go to port infrastructure projects that improve the safety, efficiency, or reliability of freight movement. Awards are competitive and national in scope.

Why was Pier 3 derated?

Pier 3 was originally designed to carry 800 pounds per square foot but has experienced structural deterioration over its 53-year life. Damaged piles and structural elements required engineers to reduce the allowable load rating — to 600 PSF on the south side, 400 PSF on the north side, with some areas lower. The $11.25 million project will install new piles and restore the structure.

How many jobs does the Port of Everett support?

The Port of Everett’s regional transportation network supports more than 40,000 jobs and $433 million in state and local tax revenues. More than 60 percent of Snohomish County jobs are tied to trade.

What cargo goes through Pier 3 today?

Pier 3 currently handles bulk cement operations (adjacent to a 55,000-ton cement storage dome) and ship repair work for the U.S. Navy, Coast Guard, Washington State Ferries, and the commercial fishing fleet. After strengthening, it will be able to handle a broader range of cargo types including breakbulk and project cargo.

What is a Strategic Commercial Seaport?

A MARAD-designated Strategic Commercial Seaport must maintain readiness to support Department of Defense cargo movements on short notice while minimizing disruption to commercial operations. The Port of Everett is one of 5 on the West Coast and 18 nationwide with this designation.

Q: What is the Edgewater Bridge and why did it close?
A: The Edgewater Bridge is a 366-foot span on SR-529 connecting Everett and Mukilteo, WA. Built in 1946, it closed October 30, 2024, for an $34 million full replacement needed to fix seismic vulnerabilities, deteriorating structure, and narrow lanes that no longer met modern safety standards. It reopened to vehicle traffic April 28, 2026.

After 18 Months, the Bridge Is Back

The Edgewater Bridge opened to vehicle traffic on April 28, 2026 — exactly 18 months after crews closed the span on October 30, 2024, to begin demolition. Nearly 300 people gathered the day before at a community celebration on April 27 to walk across the new structure before any cars touched it. By Tuesday evening, the lane striping was dry and Everett’s western connector to Mukilteo was carrying traffic again for the first time since fall 2024.

For residents who commute between the two cities, use the Mukilteo ferry terminal, or work along SR-529, the 18-month detour was a real disruption. Transit routes rerouted. School buses took longer paths. Emergency response times to the western waterfront fringe lengthened. The bridge itself carried an estimated several thousand daily crossings before closure. Now all of that is restored — and then some, because what opened Tuesday is significantly better than what closed last fall.

What Replaced a 1946 Bridge That Had Served 80 Years

The bridge that came down was built in 1946. By the time Everett moved to replace it, the structure had served the community for 80 years — well past the typical 50-year design life for bridges of that era. Engineers determined it was seismically vulnerable: a major earthquake could have caused failure. The lanes were narrow, the sidewalks undersized, and the aging deck and piling needed either massive rehabilitation or outright replacement. The city chose replacement.

The new bridge is 366 feet long — the same crossing, rebuilt from scratch. What’s different is everything else:

• 12-foot travel lanes in each direction (wider than the old span)
• 6.5-foot sidewalks on both sides of the bridge
• 5-foot bike lanes buffered between the roadway and the sidewalks
• Modern seismic design built to withstand a major Cascadia-scale earthquake
• Improved lighting across the full span

The sidewalk and bike lane combination is notable. The old bridge had minimal pedestrian accommodation. The new one has a genuine multi-use path system on both sides — connecting Everett’s western waterfront edge to Mukilteo’s waterfront district on foot or by bike. That’s a different kind of crossing than what existed before.

A note for walkers: the sidewalks won’t be fully open immediately. Finishing work — permanent striping, barriers, and paint — is expected to take about two to three weeks after the vehicle lanes opened. Pedestrians should expect some temporary accommodation during that window.

The Contractor, the Cost, and Where the Money Came From

The City of Everett awarded the construction contract to Granite Construction Company — a firm with local Everett operations — at a bid price of $25,409,890.65. The total programmed project budget came to $34 million, with the difference covering design, environmental review, right-of-way, project management, and contingency.

The funding breakdown: approximately $28 million came from federal grants, with $6 million supplied through local matching dollars from the city. This is a common structure for bridge replacement projects of this type — federal highway funds require a local match, and the grant process is what drove much of the pre-construction timeline.

The total price works out to roughly $93,000 per linear foot of bridge — consistent with what comparable urban bridge replacements with seismic, bike-ped, and full utility upgrades have cost in the Pacific Northwest in recent years.

Why It Took Longer Than Expected

The Edgewater Bridge replacement was years in the making before a shovel touched the ground in October 2024. The city had initially aimed to start construction earlier — around 2022 — but a sequence of delays pushed the timeline back significantly:

• COVID-19 disrupted the procurement schedule during the pandemic years
• Environmental review took longer than projected, given the bridge’s position near the waterfront and tidal areas
• A bidding error in an early procurement round required the process to restart from scratch

Once construction finally started in fall 2024, the crew from Granite Construction ran into a challenge that doesn’t show up in the plans: the ground beneath the old bridge was full of debris from the previous bridge structure — old timber piling and concrete obstructions left behind from earlier bridge generations. Installing the new steel piling required working around and through material that simply wasn’t mapped. That slowed the foundation phase and contributed to the project finishing in late April 2026 rather than the original late 2025 target.

What This Means for the Everett-Mukilteo Development Corridor

The Edgewater Bridge isn’t just a commuter route. It’s the western land connection between Everett’s waterfront district and Mukilteo’s waterfront — two areas both undergoing significant investment right now.

On the Everett side, the SR-529 corridor runs along the Port of Everett’s working waterfront — past the marina, past Waterfront Place, and toward the western edge of the Millwright District buildout. Restoring this connection matters for freight movement, marine service access, and visitor circulation from Mukilteo into Everett’s waterfront destination district.

On the Mukilteo side, the Port of Everett is in the early stages of assembling a Mukilteo waterfront district of its own — having acquired the former NOAA parcel and the Ivar’s Mukilteo Landing site earlier this year, with an NBBJ architecture team already attached. The spring 2026 RFQ for that project is expected soon. The restored bridge connection is part of the context for how Everett and Mukilteo’s adjacent waterfronts function as a connected regional amenity, not just two separate city edges.

Mukilteo officials made the point themselves at Monday’s ceremony: they see the bridge as a connector that should bring visitors in both directions, not just commuters. With the Everett waterfront’s restaurant row, marina, and Waterfront Place complex on one end and Mukilteo’s ferry landing, lighthouse, and forthcoming waterfront redevelopment on the other, the case for the bridge as a destination corridor — not just a traffic route — is real.

How the Bridge Fits Everett’s Broader Infrastructure Moment

The Edgewater Bridge opening is one piece of a larger infrastructure push Everett is moving through in 2026. In the past month alone:

• The City Council approved the $113 million West Marine View Drive pipeline project — the biggest utility infrastructure move in years, replacing the combined sewer and water main along the waterfront corridor from Grand Ave Bridge to Hewitt Ave
• The Port of Everett completed its Segment E bulkhead rebuild — a $6.75M project that ended a 20-year phased replacement program and stabilized the SR-529 embankment above the marina
• The City approved a $3.1 million design contract for a new pedestrian bridge over Broadway connecting EvCC to WSU Everett

The Edgewater Bridge is the project that’s been in the queue longest and now it’s done. It’s the kind of infrastructure that doesn’t get the attention of a stadium vote or a waterfront restaurant opening, but the 80 years of daily crossings — and the 18 months of inconvenience — say something about what it actually means to the people who depend on it.

Frequently Asked Questions About the New Edgewater Bridge

When did the Edgewater Bridge reopen?

The new Edgewater Bridge opened to vehicle traffic on Tuesday, April 28, 2026. A community ceremony was held April 27, the day before vehicle traffic began.

How much did the new Edgewater Bridge cost?

The total project budget was $34 million. The construction contract was awarded to Granite Construction Company for $25,409,890.65. Funding came from approximately $28 million in federal grants and $6 million in local matching dollars.

What is the Edgewater Bridge made of and how long is it?

The new bridge is 366 feet long. It was built with steel piling (replacing the original structure) and features modern seismic design. The 1946 original used older structural materials that engineers determined were earthquake-vulnerable.

Can you bike or walk across the new Edgewater Bridge?

Yes — the new bridge has 6.5-foot sidewalks on both sides and 5-foot bike lanes between the roadway and the sidewalks. Finishing work on the pedestrian infrastructure is expected to take about 2-3 weeks after the vehicle lanes opened on April 28.

Why did the Edgewater Bridge take so long to build?

The project was delayed by COVID-19 disruptions, extended environmental review near the waterfront, and a bidding error that required a restart. Once construction began in October 2024, crews also encountered old timber and concrete obstructions underground from previous bridge generations, slowing the foundation work.

Who built the new Edgewater Bridge?

Granite Construction Company, which has local operations in Everett, won the construction contract at $25,409,890.65.

What cities does the Edgewater Bridge connect?

The Edgewater Bridge connects the cities of Everett and Mukilteo along SR-529 (West Mukilteo Boulevard). It serves commuters, school buses, transit routes, freight traffic, and emergency responders in both cities.

Q: What major construction projects are active in Everett, WA right now?
A: As of late April 2026, Everett’s active construction landscape includes: the Millwright District Phase 2 residential build-out (300+ apartments, LPC West), the Eclipse Mill Riverfront Park two-phase build (City Phase 1 underway July–November 2026), the Lenora Stormwater Treatment Facility (broke ground April 2026, $8.73M), the $113M West Marine View Drive pipeline, and the downtown stadium design process — plus two projects that just wrapped: the $34M Edgewater Bridge and the Port of Everett’s Segment E bulkhead.

Everett is a construction site right now — and we mean that as a compliment. From waterfront infrastructure to riverfront parks to transit-adjacent housing, more physical transformation is underway in this city simultaneously than at almost any other point in its history. Here’s where every major project stands as of late April 2026.

Just Completed

Edgewater Bridge — $34M Seismic Replacement (Opened April 28, 2026)

The most visible construction closure in Everett this year ended this week. The new Edgewater Bridge opened to vehicle traffic on April 28, concluding an 18-month replacement of the 1946 span connecting Everett and Mukilteo on SR-529. Contractor: Granite Construction Company ($25.4M contract). Total budget: $34M ($28M federal grants, $6M local). The replacement is 366 feet, seismically sound, and features 6.5-foot sidewalks and 5-foot bike lanes on both sides — a genuine upgrade in every dimension. Sidewalk and bike lane finishing work continues for approximately 2–3 more weeks.

Port of Everett Segment E Bulkhead — $6.75M Final Phase (Completion: May 2026)

The Port’s Segment E bulkhead rebuild on West Marine View Drive is at the end of its final phase. The $6.75M project, contracted to Bergerson Construction, replaces 165 linear feet of aging wood piling along the Port Gardner Landing area with modern steel — the final chapter of a 20-year, multi-segment bulkhead replacement program. When complete in May 2026, the entire Port of Everett marina-side wharf will have been systematically rebuilt. The work also stabilizes the SR-529 embankment above the marina and ties into ADA-compliant esplanade trail connections.

Under Construction Now

Millwright District Phase 2 — 300+ Waterfront Apartments (Under Construction, 2026–2028)

LPC West (Lincoln Property Company) broke ground on the residential component of Millwright District Phase 2 in 2026. The development calls for 300+ apartments on the 10-acre district, which sits adjacent to the Central Marina esplanade. This is the first housing to be built on the Port of Everett’s waterfront in the project’s history. The full Millwright build-out over the coming five to seven years will also add 60,000+ square feet of retail and restaurants, 120,000+ square feet of pre-leasing Class-A office, and additional parking. Tenants should be able to move into housing within approximately two years of the groundbreaking. The Millwright Loop road infrastructure, which broke ground in August 2023, is already in place.

Lenora Stormwater Treatment Facility — $8.73M Snohomish River Cleanup (Broke Ground April 2026)

One of Everett’s newest active construction sites is the Lenora Regional Stormwater Treatment Facility at South 1st and Lenora in the Lowell neighborhood. The $8.73M project — funded by Washington State WQC grant WQC-2025-EverPW-00177 — will treat stormwater from 146 acres of drainage subbasins (LW-9, LW-10, LW-11) before discharge into the Marshland Canal and Snohomish River. The facility uses a five-cell Filterra Bioscape bioretention system. Expected construction timeline: approximately 8 months from the April 2026 groundbreaking, putting substantial completion around December 2026. This is one of the few significant environmental infrastructure projects currently active in the city.

Eclipse Mill Riverfront Park — Two-Phase Build (Phase 1: July–November 2026)

The Eclipse Mill Park on the Snohomish River is moving through its two-phase build. Phase 1 — the City of Everett’s portion, covering public infrastructure, riverbank work, and initial park improvements — is scheduled from July through November 2026. Phase 2, which covers the signature park structures and shelter elements, is under development by Shelter Holdings and is targeted for completion between Fall 2026 and Spring 2028. This is Everett’s most significant new riverfront public space in a generation, and it’s actively under pre-construction planning and permitting heading into the summer 2026 construction season.

Approved and Starting Soon

West Marine View Drive Pipeline — $113M Combined Sewer and Water Main Replacement (Summer 2026)

The City Council approved the $113M West Marine View Drive pipeline project on April 2, 2026. The project replaces the combined sewer and stormwater pipe plus a 48-inch water main from Grand Ave Bridge to Hewitt Avenue along the waterfront corridor — a state-mandated CSO reduction project under order from the Washington Department of Ecology. The related Pacific Avenue Pipeline segment (1,000 linear feet, 42-inch pipe) is also funded and expected to begin construction summer 2026. The broader project feeds into the $200M+ Port Gardner Storage Facility program. Funded from restricted water/sewer utility funds — no new taxes required.

Port of Everett Mukilteo Waterfront District — RFQ Expected Spring 2026

The Port of Everett is assembling a second waterfront district in Mukilteo. In February 2026, the Port completed a quitclaim acquisition of 1.1 acres at 710 Front Street (former NOAA parcel), and the $closing for the adjacent Ivar’s Mukilteo Landing (0.55 acres, 9,637 sq ft building) is targeted for July 2026, with Ivar’s remaining as a long-term tenant. NBBJ Architecture is the design firm carried forward from prior planning. A Request for Qualifications (RFQ) for development partners is expected in spring 2026 — which means this site could enter serious pre-development this year, with the newly reopened Edgewater Bridge now providing restored road access between the two waterfronts.

In Design / Pre-Construction

Downtown Stadium — Design Phase (Vote April 29, 2026)

The Everett City Council is expected to vote April 29 on the $10.6M design funding package — an interfund loan plus a $7.4M state Department of Commerce grant — that would allow DLR Group to proceed with final design of the downtown multi-sport stadium. The project is intended to eventually host the Everett AquaSox (baseball) and new USL men’s and women’s soccer teams. From a construction perspective, design completion is the prerequisite before any competitive contractor selection process. If the April 29 vote passes, detailed schematic and design development work begins. Actual construction groundbreaking is still multiple years away.

Broadway Pedestrian Bridge — $3.1M Design Contract (Design Through 2028)

The City Council approved a $3.1M contract with Kimley-Horn in late April to design a grade-separated pedestrian crossing over Broadway that connects Everett Community College’s main campus to its Learning Resource Center and WSU Everett. The likely location is north of 10th Street. Design is expected to take through end of 2028. Construction funding is a separate future vote. This is a design-only phase right now, but it fits Everett’s pattern of investing in pedestrian infrastructure along the transit corridor as Sound Transit Everett Link planning continues.

What’s Done Since the Last Tracker

Since our last full construction tracker in early April, several notable milestones have landed. The Segment E bulkhead moved into final phase and is nearly wrapped. The Edgewater Bridge — which appeared in the April tracker as a late-2025 project still pending — opened 18 months after its October 2024 closure. The $113M pipeline got council approval. The Lenora stormwater facility broke ground. And the Broadway bridge design contract was signed. That’s five significant project milestones in one month.

Everett’s construction calendar for May through December 2026 is genuinely busy: pipeline work starts, Eclipse Mill Phase 1 starts in July, Lenora wraps around December, and Millwright’s residential frame continues going up. For a city that spent much of the last decade talking about what it wanted to become, the evidence of that becoming is now visible in the ground-level activity on almost every side of town.

Frequently Asked Questions

How many major construction projects are active in Everett in 2026?

At least 6-8 significant projects are under active construction or in funded design in Everett as of late April 2026: Millwright District Phase 2 apartments, Lenora Stormwater Facility, Eclipse Mill Park, West Marine View pipeline, Broadway pedestrian bridge design, and the downtown stadium design process — plus recently completed projects including the Edgewater Bridge and Port Segment E bulkhead.

When will Millwright District Phase 2 apartments be ready?

LPC West (Lincoln Property Company) is the developer. The residential units — 300+ apartments — are expected to be move-in ready within approximately two years of the 2026 groundbreaking, targeting 2027–2028 occupancy. The full Millwright buildout of retail, restaurants, and office space is a 5–7 year program.

What is the Eclipse Mill Park and when does it open?

Eclipse Mill Park is Everett’s new riverfront signature park on the Snohomish River. Phase 1 (city infrastructure work) is scheduled July–November 2026. Phase 2 (Shelter Holdings, park structures and amenities) targets completion between Fall 2026 and Spring 2028. The full park opening is expected Spring 2028.

What’s the status of the Everett downtown stadium construction?

The stadium is in the design funding phase. A City Council vote on $10.6M in design funding is expected April 29, 2026. If approved, DLR Group proceeds with final design. Physical construction groundbreaking is still several years away — design and permitting come first.

What is the $113M pipeline project on West Marine View Drive?

The $113M project replaces the combined sewer/stormwater pipe and a 48-inch water main along the waterfront corridor from Grand Ave Bridge to Hewitt Avenue. It’s a state-mandated CSO (Combined Sewer Overflow) reduction project required by the Washington Department of Ecology, funded from restricted water/sewer utility reserves. Construction is expected to begin summer 2026.