Port of Seattle Mission
The Port of Seattle is a public agency whose primary mission shall be to invest
public resources to advance trade and commerce, promote industrial growth,
stimulate economic development, and create jobs.
‐‐adopted August 2009

Century Agenda "Givens"
•

Airport: The existing three runways at Sea‐Tac Airport are assumed as a maximum.

•

Seaport: POS will continue to be a major international container, cargo , fishing &
cruise Port, and the PNW will continue to be a major trade gateway. The on-dock
container terminals will develop primarily through investments within the current
property footprint.

•

Funding Strategy: Over the next 25 years, the Tax Levy is an important funding
mechanism for strategic opportunities which cannot be financed otherwise.
‐‐as finalized 2/24/11, Century Agenda Committee and Port staff

1

Prosperity Partnership & the Regional Economic Strategy

A Cluster-Based Strategy

PROSPERITY
PARTNERSHIP
ACCOMPLISHMENTS
NEW REGIONAL
ECONOMIC
STRATEGY
FEEDBACK AND
SUGGESTIONS

2

Prosperity Partnership & the Regional Economic Strategy

A Two-Pronged Approach

PROSPERITY
PARTNERSHIP
ACCOMPLISHMENTS
NEW REGIONAL
ECONOMIC
STRATEGY
FEEDBACK AND
SUGGESTIONS

3

4

Flow of Economic Impacts
Port Activity

Business
Revenue

Payroll

Direct jobs

Retained Earnings,
Dividends,
Investments

Re-spending
Taxes

Local
Purchases

Indirect Jobs

Induced Jobs

Port of Seattle
Economic Impact to the State
Port of Seattle

Seaport

Airport

Real Estate

Total

52,094

138,370

3,521

193,985

Business Revenues

$4.1 billion

$13.1 billion

$304 million

$17.6 billion

Income & spending

$4.8 billion

$4.5 billion

$172 million

$9.5 billion

State & Local Taxes

$439 million

$412 million

$16 million

$867 million

Jobs

Century Agenda:
Proposed 2011 Calendar

Feb

Century Agenda
Committee
2nd Tues

Mar

Media
Roundtable

Commission

Apr

May

Jun

July

Aug

Sept

Fostering
Economic
Growth

Moving
Cargo:
logistics and
growing
exports

Moving
People:
airport,
cruise ships
and tourism

Attracting
next
generation
industries
and jobs

Achieving
our
community
values

Funding our
strategic
goals &
putting real
estate to
work

Review Draft
Century
Agenda

Monthly Commission Updates:
developing preliminary strategic goals

Public
Outreach

Communication Plan, POS website & email box , Social Media/TBD
--year long--

Kickoff, Port
District Act
Centennial Commemoration,
Events
Banners,
Combined
Chambers 3/4

Earth Day, Commemorative Book,
Sea Air School, Annual Reports, Maritime
Festival, Bike Rally,
Seaport Breakfast

Port 101 Series,
Fishermen's Fall Festival,
AAPA National Convention

Oct

Nov

Dec
Final C/A
Presented &
Approved

Final C/A
Presented &
Approved
Public outreach on draft plan

Chamber Event,
Holiday Card

6
4/11/11

Port of Seattle
Mission
The Port of Seattle is a public agency whose
primary mission shall be to invest public
resources to advance trade and commerce,
promote industrial growth, stimulate economic
development, and create jobs.
‐‐adopted August 2009

7