Industry News

Commission Updates Construction Plan to Boost Jobs and Spending for COVID-19 Economic Recovery

Feb 24, 2021 | News

Continues $1.5 billion in current construction to support average of 1,300 full and part-time workers per month

Construction worker on the Terminal 5 modernization project, July 2019, Seattle

 

SEATTLE – The Port of Seattle Commission updated its 2020 construction plans today to boost local COVID-19 economic recovery through project spending and hiring, while enacting public health protocols developed with guidance from state and federal agencies.

The plan continues early actions by the Port to direct as much activity as possible towards immediate COVID-19 recovery. The updated plan commits the Port continue with approximately 20 projects currently under construction, worth approximately $1.5 billion to the local economy. The Port also proposes accelerating and postponing certain projects based on financial considerations.

“As one of the largest public sector builders in the region, the Port is uniquely positioned to help lead the region’s recovery,” said Port of Seattle Commission President Peter Steinbrueck. “Our goal is to help keep construction workers employed by providing certainty to large public works construction projects, accelerating some projects where feasible, and by supporting our private sector partners.”

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About the Port of Seattle

Founded in 1911 by a vote of the people as a special purpose government, the Port of Seattle’s mission is to promote economic opportunities and quality of life in the region by advancing trade, travel, commerce, and job creation in an equitable, accountable, and environmentally responsible manner.

The Port owns and operates Seattle-Tacoma International Airport, Fishermen’s Terminal—home of the North Pacific fishing fleet—and public marinas. The Port also owns two cruise ship terminals, a grain terminal, real estate assets, and marine cargo terminals through its partnership in the Northwest Seaport Alliance.

Port operations help support nearly 200,000 jobs and $7 billion in wages throughout the region. Over the next 17 years, the port’s “Century Agenda” seeks to create an additional 100,000 jobs through economic growth while becoming the nation’s leading green and energy-efficient port. Learn more at www.portseattle.org

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