Puget Sound Business Journal | Andrew McIntosh and Marc Stiles
Development company Panattoni has filed plans to build a $356 million, 2.8 million-square-foot distribution center across the street from Arlington Municipal Airport, and real estate industry and other sources say Amazon will be the tenant.
The five-story structure would be erected on a 75-acre property, which city of Arlington planning documents state is owned by Everett-based National Food Corp. and its employee 401K retirement plan. The site address is at 16900 51st Ave. NE., not far from Interstate 5 and State Route 531.
Dubbed “Project Roxy,” the distribution facility would create 1,000 jobs in the Snohomish County city of 20,000, which is located inside a state-approved tax incentive zone, but the project doesn’t qualify for incentives because no manufacturing is involved. The zoned designation is meant to spur the construction of industrial/manufacturing facilities in Arlington or Marysville by offering property tax exemptions for 10 years.