50%
50% Lower Lease Costs
100%
100% Market Access
7M+
$7+ million residents in the Seattle-Vancouver corridor
2M+
2+ million annual overnight visitors to Skagit County
130k+
130k+ potential employees within a 45-minute commute
SWIFT Center Offers Unbeatable Value
Located just off Highway 20 in Sedro-Woolley, Washington, the SWIFT Center delivers what Seattle and Vancouver can’t: unique land and buildings at half the cost of comparable sites in King and Snohomish counties, with full metropolitan market access just over an hour’s drive away.
Historic District Status Delivers
Financial Advantage
The SWIFT Center’s National Register listing unlocks powerful incentives that transform preservation requirements into competitive advantages. As your partner, the Port of Skagit brings demonstrated success in securing and stacking incentives that optimize project economics. Our team has secured substantial development incentives across Port properties, including the recent $1.25 million in state and federal funding for SWIFT Center planning and design. We’ll work directly with you to identify, apply for, and secure the optimal funding stack for your specific project.
20% Federal Historic Tax Credit on qualified rehabilitation expenses for income-producing properties
CERB (Community Economic Revitalization Board) Grants and Low-Cost Loans
County Program | Skagit County .09 Funds
Accelerated depreciation schedules available for certified historic structures
Special Tax Valuation reduces property taxes for 10 years on improvements exceeding 25% of assessed value
For developers experienced in historic rehabilitation, these incentives can reduce project costs by 30-40% when properly structured. For those new to historic projects, the Port provides guidance and connections to experienced consultants who navigate these programs daily.
Risk Mitigation Through Partnership
Port of Skagit ownership provides:
Stable, long-term
institutional partner
Pre-established community stakeholder alignment
Environmental due
diligence completed
Regulatory pathway clarity through county partnerships
Infrastructure That’s Ready to Support Your Adaptive Reuse Projects
Unlike many adaptive reuse projects requiring millions in infrastructure investment, SWIFT Center is served by a full suite of utility services:
Natural Gas
Served by Cascade Natural Gas Corporation with potential for large volume service via the Williams Northwest Pipeline, which crosses the western portion of SWIFT and connects to CNGC’s Skagit County pipeline immediately adjacent to the property.
Electrical
- Up to 6MW of electricity through a PSE substation south of the campus.
- Additional power support by BPA transmission infrastructure adjacent to the campus (230KV lines, 500KV lines, and a large substation).
Water
Served by Skagit PUD
Wastewater
Served by the City of Sedro-Woolley
Smart Zoning Preserves Character While Enabling Growth
The SWIFT Center’s master-planned framework maximizes development potential across three complementary zones, This pre-established framework eliminates years of land use negotiations while ensuring each development enhances rather than detracts from overall campus value—a rare combination of certainty and flexibility.
Core Area (37 Acres)
The campus centerpiece features six Spanish Colonial Revival buildings eligible for historic tax credits. This is an opportunity for signature adaptive reuse projects that command premium rates through authentic character and Olmsted landscape setting.
- 200,000 sq ft of existing historic buildings ready for phased adaptive reuse projects—qualify for 20% Federal Historic Tax Credits plus Special Tax Valuation benefits
- 130,000 sq ft of new construction opportunity within the historic district—build complementary structures without renovation constraints while benefiting from the Olmsted landscape setting
- Pre-approved for high-value uses: Corporate headquarters, boutique hotels, research campuses, educational facilities, medical offices, senior living, artisan manufacturing, destination retail—all uses that benefit from authentic character.
Influence Area (51 Acres)
- Maximum flexibility with no historic restrictions—all Core Area uses permitted PLUS light industrial, assembly, and manufacturing operations that need lower-cost space
- Infrastructure-ready for intensive uses—designated zones for power plant, utilities, security, and logistics support; potential loop road separates truck traffic from visitor areas
- Aligns with original Olmsted vision—industrial uses were always part of the master plan, providing historical continuity without preservation constraints
- Contiguous acreage—Up to 35 acres of contiguous acreage is available in the “Southern” Influence Area, south of Thompson Road.
Open Space (80 Acres)
- Protected Olmsted landscape and natural systems are a competitive differentiator—providing the park-like setting that attracts talent, commands higher lease rates, and reduces development costs by eliminating the need for extensive landscaping.
- This zone accommodates necessary infrastructure, parking, trails, and recreational amenities that benefit all campus users.
