New Market Industrial Campus
NMIC Development and Panattoni
The Port of Olympia has entered into a lease option agreement with Panattoni Development, a commercial real estate company, to develop 200 acres of Port property within the New Market Industrial Campus and approximately 2.5 million square feet of commercial/industrial space over several years.
The Port and City of Tumwater agreed to negotiate a development agreement and enter into an interlocal agreement to address citizen concerns that have been expressed. The two jurisdictions are working together on an agreement but have not presented a draft agreement for consideration.
Port documents related to this potential development agreement will be provided below as they become available.
Also view presentations at Port Commission Meetings on the following dates: 7/9/2020, 9/28/2020, 10/12/2020, 7/12/2021, 8/19/2021, 8/23/2021