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New Economic Strategy Triangle (NEST)

 

Printable case study

Project Outline

A partnership formed by the Puget Sound Regional Council consisting of the Port of Seattle and cities of Des Moines, Burien, and SeaTac want to create a strategy for developing eight underutilized properties with close proximity to Seattle-Tacoma International airport.  The partnership is hoping to use the roughly 400 acres of land, originally acquired by the Port of Seattle for noise mitigation purposes, for economic development that will benefit the Port of Seattle and the cities in which the properties are located.

Services Provided

  • Background Analysis

  • Inventory Properties

  • Market Analysis

  • Highest and Best Use Analysis

  • Estimate Development Potential and Costs

  • Measure Public Costs and Benefits

  • Prepare the Strategic Plan

Result

GVA Kidder Mathews put a strategic plan in place that is supported by each of the members of the partnership.  The cities are actively working with the Port of Seattle to implement the plans recommendations.  To date the Port of Seattle and the City of Des Moines have completed a master plan for the 60-acre Des Moines Creek Business Park and close to putting the property on the market.  Also, the Port and the City of Burien have completed a development agreement that is designed to streamline the development located in Burien.

 

 

 

 

 

 

 

 

 

 

 

Primary Consultant

Blair Howe
GVA Kidder Mathews

Sub-Consultants

John Hoffman
Perteet Engineers

Greg Easton
Property Counselors

John Yarnish
URS Engineers

Chris Austin
Project Dimensions

 

   

 

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