Seattle & Northwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Port of Seattle Cancels New $200M Cruise Terminal Project for Now
The Port of Seattle canceled its request for industry proposals for a joint investment to build and operate a new $200 million cruise ship terminal in downtown Seattle at Terminal 46. Planning for the proposed terminal to serve the Alaska market had been suspended in April as the Port sought more time to better understand the short and long-term cruise industry market impacts from COVID-19 before continuing its project investment in additional cruise facilities.
“Our current focus remains on public health,” said Port of Seattle Executive Director Steve Metruck. “When we can, we will convert that demand into more business opportunities and jobs for our region.”
Prior to the COVID-19 pandemic, the Port of Seattle was forecasting a record year for 2020 with 233 cruise vessels scheduled to sail from Seattle. With an estimated 1.3 million revenue passengers expected to travel to and from Seattle terminals this season, cruise supports 5,500 jobs, and provides nearly $900 million in economic activity for the region.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
