At a special meeting of the Port of Edmonds Commission on Thursday, October 24, 2013 Port of Edmonds Commissioners unanimously voted to approve a 30 year lease between the Port of Edmonds and POE 2, LLC also known as Jacobsen Marine. This lease rekindles a project proposed by Jacobsen Marine in 2007 to relocate their existing operations to a new building at the Port of Edmonds. Commission President, Jim Orvis said “This new lease with Jacobsen’s Marine represents economic development through public-private partnership for the benefit of the Edmonds and Woodway communities that will shape the Port’s future for many years.”
Jacobsen Marine specializes in saltwater sport fishing boats and has been in business since 1951. They started in Ballard where they remained until moving to West Seattle in 2009. Jacobsen deals in high quality marine stock: Grady White and Parker boats ranging in size from 18 to 37 feet – and Johnson, Evinrude and Yamaha outboard motors. They plan to offer full lines of sales, service and accessories at the Edmonds facility. Their new facilities will include showroom space and indoor repair facilities. “It is with great enthusiasm we embark on this project and trust it will serve in the mutual benefit of our customers, business partners, and Jacobsen Marine” said Terry McCartney of Jacobsen Marine in a communication sent to their business partners and customers.
For Edmonds residents, the agreement will not only provide a new retail opportunity, but it will bring in a significant amount of tax and permitting revenue to the local economy, particularly when viewed over the full term of the lease.
Port executive director Bob McChesney said, “Adding Jacobsen’s to the outstanding lineup of businesses on Port property will enhance the Port’s brand, which emphasizes impressive customer service, quality facilities and experiences, at a conveniently located and prime destination.” According to McChesney, Jacobsen’s comports perfectly with the Port’s waterfront activities. “They chose us because no other spot on Puget Sound so ideally matched their needs,” he added.
Jacobsen’s president Greg Jacobsen, concurred, saying: “The Port of Edmonds is the perfect fit for our business, both for the boating business and saltwater sports.”
With smooth permitting and construction processes, the facility could be open as soon as June of 2014. It will be located on the east side of Admiral Way just north of the Port’s boatyard. Architectural renderings are shown below.
