Investments in capital projects, customer service, COVID-19 prevention, and sustainability to create jobs and economic activity

SEATTLE – Port of Seattle Commissioners approved the 2021 budget and five-year, $3.7 billion capital improvement plan to support an equitable, rapid, and lasting recovery.

The annual budget prioritizes investments that create jobs and drive economic activity, as well as strategies to stop the spread of COVID at the Port’s critical trade and travel facilities. Sustainability projects that restore habitat and reduce carbon are key investments, as they generate both jobs and economic activity, as well as long-lasting community benefits.The Port increased economic development and environmental grant investment in South King County, where communities and industries have been hard hit by COVID-19.

“Sticking to our core mission is the best way the Port can respond to the COVID-19 crisis and build an equitable recovery,” said Port of Seattle Commission President Peter Steinbrueck. “This budget invests in the most fundamental lines of business at the Port, work that no other government in the region is set up to do, to help our community survive this crisis and thrive in the coming recovery.”

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 (SEA), 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 the Port’s website.