PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.       5 
STAFF BRIEFING 
Date of Meeting      July 26, 2016 
DATE:    July 19, 2016 
TO:     Ted Fick, Chief Executive Officer 
FROM:    David McFadden 
SUBJECT:  Real Estate Plan Update 
SYNOPSIS 
The Economic Development Division will provide a comprehensive update on the Port
Real Estate Strategic Plan. Staff will provide an overview on development options for
Port properties and discuss next steps towards completion of the overall plan.
BACKGROUND 
The Real Estate Strategic Plan is being crafted to help Port thoughtfully steward its use of
real estate, capital assets and financial capabilities. It is addressing key questions and issues
related to the Port's real estate portfolio: 
How can the Terminal 91 uplands be developed to help double the economic value of
the fishing and maritime cluster? 
How can the Port acquire property to help create and retain middle class jobs? 
How can the Port's marine terminals support anticipated growth in cruise ship
operations? 
How can the Port's portfolio enable the new Economic Development Division's
broader priorities - including small business development, tourism, and workforce
development? 
How can the Port work with its public and private partners in King County to steward
our collective capabilities towards providing economic opportunity for all? 
Staff is focusing the real estate strategic plan on every Port property that can support
industrial or commercial development. This does exclude Seaport Alliance terminals, sites
impacted by the SAMP, sites nearing development like NERA in Burien, and a few small
sites (ex. Terminal 16/17). 
ATTACHMENTS TO THIS BRIEFING 
Computer slide presentation. 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
March 8, 2016, Commission Briefing 
May 23, 2016, Commission Briefing (at Retreat). 

Template revised May 30, 2013.