TagDes Moines Creek Business Park(55)
-
2022-07-12Des Moines Creek West Development Partnership: Ground Lease Presentation
The Port of Seattle Commission considered authorizing a ground lease with developer Panattoni to build approximately 399,337 square feet of Class A logistics and distribution facilities on a 19.8-acre site near Seattle-Tacoma International Airport. The development, discussed at the July 12, 2022 Commission meeting, is intended to support SEA airport's aviation and logistics operations and is described as environmentally sustainable. The site is zoned Business Park and is located adjacent to the Des Moines Creek Business Park area south of the airport. -
2022-07-12
Des Moines Creek West Development Partnership: Ground Lease Presentation
Port Of Seattle Commission presentation (Item 10b, July 12, 2022) requesting authorization for the Executive Director to execute a ground lease with PDC Seattle LPIV BB/TH, LLC (Panattoni) for development of approximately 399,337 square feet of Class A logistics and distribution facilities at Des Moines Creek West. The 19.8-acre site is zoned B-P (Business Park), -
2022-07-12Ground lease agreement: Des Moines Creek West
This is a Ground Lease Agreement between the Port of Seattle and PDC Seattle LPIV BB/TH, LLC for the property known as Des Moines Creek West, presented at a Port of Seattle Commission meeting on July 12, 2022. The agreement establishes the terms under which the tenant may develop and operate a business park project on Port-owned land near Seattle-Tacoma International Airport, covering provisions for rent, construction obligations, environmental compliance, and tenant rights. Key definitions include conditions for the lease commencement date, force majeure events, and restrictions on property use, including limitations related to flight kitchen operations serving SeaTac Airport airlines. -
2022-07-12
Ground lease agreement: Des Moines Creek West
A ground lease agreement between the Port of Seattle and PDC Seattle LPIV BB/TH, LLC for the property known as Des Moines Creek West. The document outlines the terms and conditions of the lease including definitions, rent structure, construction obligations, environmental compliance, and tenant rights. The agreement was presented as an attachment at the Port -
2022-01-01Ground lease agreement
This Ground Lease Agreement, dated 2022, is a contract between the Port of Seattle and PDC Seattle LPIV BB/TH, LLC for the property known as Des Moines Creek West. The agreement covers the terms under which the tenant may lease, develop, and operate the property, including provisions for rent, construction, insurance, environmental compliance, and assignment rights. It spans 27 articles addressing topics from definitions and rent adjustments to mortgages, default procedures, and sublease conditions. -
2019-12-31Washington State Department of Revenue Leasehold Tax Return – Port Of Seattle, Q4 2019
This is a Washington State Department of Revenue Leasehold Tax Return (Account ID 600-200-147) filed by the Port of Seattle for the quarterly filing period ending Dec-31-2019, with a total tax due of $4,804,044.04. The return details taxable rent across multiple locations including SeaTac (Location Code 1733), with the largest tax due of $3,195,883.82 on $24,890,060.90 in taxable rent, submitted via ACH Debit on Jan-31-2020. -
Sea-Tac Communities Plan Chapter 6 Maps (South Reinforcement Area, Program Application)
This is an excerpt from Chapter 6.6.5 of the Sea-Tac Communities Plan (1976). ‘Reinforcement’ was one of three types of planning that were considered. It refers to efforts to strengthen the existing community to be more compatible with the airport through the techniques of property buyouts (to create a noise buffer) and sound insulation. -
The Des Moines Creek Business Park – The Right Development at the Right Time
The Des Moines Creek Business Park – The Right Development at the Right Time January 24, 2018adminProjectsNo Comments After more than 2 decades of frustration and disappointment, an abandoned ghost town south of SeaTac Airport is being reborn. Development of the Des Moines Creek Business Park (DMCBP) is well underway. Soundview Consultants LLC provided wetland -
The Des Moines Creek Business Park – The Rebirth of a Modern Ghost Town
The new Des Moines Creek Business Park (DMCBP) is the $125 million redevelopment of a site that spent decades as a modern ghost town. For more than twenty years the site was an abandoned residential area containing nothing but exposed foundations and empty asphalt and concrete streets. The area is now home to K2 Sports, -
2017-11-16WSDOT surplus property notice IC. #1-17-07992
In November 2017, the Washington State Department of Transportation (WSDOT) notified the Des Moines City Council that a parcel of surplus state-owned property was being transferred at market value to the Port of Seattle. The notice was issued in compliance with RCW 47.12.055 and RCW 43.17.400, which require a 60-day waiting period before such property transfers can be completed. The city was invited to request additional information or waive the waiting period in writing to allow the transfer to proceed without delay.