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.
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