The Port of Skagit recently sold undeveloped property adjacent to Skagit Regional Airport to truck maker Paccar Inc. The $8.4 million, 121.5-acre sale comprised of approximately 76.5 acres of wetlands and approximately 45 buildable acres.
By selling the surplus property the Port reinvested those dollars to purchase more revenue producing buildings at the Bayview Business Park and Skagit Regional Airport and to improve the airport to attract more business traffic.
Port of Skagit Commission President Dr. Kevin E. Ware said: “The Port’s airport adjacent Bayview Business Park occupancy rate is at an all-time high, due to a significant increase of good job producing industries choosing to locate there, and this has significantly helped the area’s economy. The Paccar land sale is important to all of us because it will bring in yet even more high-quality jobs. In addition, the sale will allow the Port to acquire additional airport adjacent property that can be put to a similar publicly beneficial use. It is simply all about good jobs for our community.”
In 1980, the Port sold 240 acres of surplus property to Paccar Inc. for the construction of their truck testing facility. The recent land acquisition brings their total land ownership in Burlington to approximately 365 acres.
About the Port of Skagit: Guided by the mission “Good Jobs for Our Community,” the Port of Skagit owns and operates three key facilities: the Skagit Regional Airport, the Bayview Business Park and the La Conner Marina. Combined, these three facilities are home to 85 businesses that employ 1,409 people.