AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Building infrastructure, housing in Northwest Landing promises contractors steady revenues for years
Intel Corp., State Farm Insurance and other tenants at Northwest Landing in DuPont are expected to act as magnets that attract other new business in the coming years. But Weyerhaeuser Real Estate Co.'s Northwest Landing already has altered the South Sound economic landscape for scores of existing local contractors and consultants.
The major impact has been in an upfront investment of well over $60 million in infrastructure construction and land planning by the Weyerhaeuser Real Estate Co., said Tom Miller, land management division vice president.
"It is an incredible effort that this company has made in order to attract investments to Pierce County. We have gone into projects that we don't really like to do, like road construction," Miller added, most notably providing up to $19.3 million for design and building of the new Interstate 5 interchange at Exit 118, scheduled to open in October.
The Washington State Department of Transportation has funneled $12.5 million in Weyerhaeuser funds to the project through …