Weekly interest and loan rates | Northwest stock contest 2003 Tax tips | Consumer affairs | Home values

Snohomish County business
Briefly: Longtime construction firm says it will leave Port of Everett

E-mail this article Print this article Search archive

EVERETT — American Construction, a 100-year-old maritime construction company that has operated in Everett for nearly 50 years, expects to move to Tacoma within the next five to 10 years, President Steve Brannon says.

The company is on property the Port of Everett plans to use as part of its $200 million North Marina redevelopment project. Brannon sued the Port this fall over terms of his lease, which expires in 2018.

Brannon said that according to his lease, if the Port requires him to move before 2018, it must help him find a suitable alternative, something Brannon said the Port has yet to do.

He said he sued because the Port had tripled his rent, and rather than default on the higher payments, he decided to pursue litigation. The Port won that suit this month.

Brannon, who was overseeing a project in Alaska last week, said he hadn't decided whether to appeal the ruling. The Port of Tacoma is a good alternative, he said.

John Mohr, the Port's executive director, said he would talk with American Construction about its options.

The Port's North Marina development partner, Chicago-based Maritime Trust, hired an Everett executive in August to handle businesses' concerns about the North Marina redevelopment.

Compiled by the Seattle Times Snohomish County bureau.

Coming up ...

NOV. 13: The Snohomish County chapter of the Northwest Human Resource Management Association will host an employment-law seminar from 8 a.m. to noon at the Holiday Inn Hotel & Conference Center, 101 128th St. S.E., near Everett. Reservations are suggested by Nov. 6. Cost: $45. Information: 425-355-7223

Copyright © 2003 The Seattle Times Company