Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Jody Knoblich
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
jknoblich@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

A $25.6 million Paine Field facility for Dreamlifters?

Snohomish County, Boeing enter agreement to build a Dreamlifter operations center

SHARE: facebook Twitter icon Pinterest icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
By Michelle Dunlop
Herald Writer
Published: Tuesday, February 14, 2012, 12:01 a.m.
  • A Boeing 747 Dramlifter heads in for a landing at Paine Field loaded with Dreamliner parts in February 2010.

    Michael O'Leary / Herald file

    A Boeing 747 Dramlifter heads in for a landing at Paine Field loaded with Dreamliner parts in February 2010.

EVERETT -- The Boeing Co. and Snohomish County plan to enter into a construction and lease agreement to build a $25.6 million operations center for the company's fleet of 747 Dreamlifters at Paine Field.
The company uses the oversized jumbo jets to ferry assemblies for 787 Dreamliner jets from around the world to final assembly in Everett and at Boeing's site in North Charleston, S.C.
The Snohomish County Council authorized County Executive Aaron Reardon to enter into a pre-development agreement with Boeing on Feb. 13. Airport Director Dave Waggoner said there is still much work left to do.
"We want to provide a facility that Boeing needs, and we're working on that," he said.
The agreement would obligate the county to pay for construction of the facility with general-obligation bonds, then rent the building to Boeing. The rent would pay off the debt.
The pre-development agreement also states that the county and Boeing will contract with an engineering firm for design, construction management and permitting. That's estimated to cost about $3.5 million, for which Boeing will reimburse Snohomish County.
The new Dreamlifter Operations Center would be located on 16 acres in an area south of the Future of Flight Aviation Center at Paine Field. It would include three stalls for Boeing 747 Dreamlifters, 25,000 square feet of warehouse space, 10,000 square feet of office space and an aviation refueling station.
"A dedicated Dreamlifter facility will allow for more efficient operations as the 787 program reaches full production rate," wrote Makamae Masuda of Boeing communications, in an email Feb. 13.
Boeing is increasing production of the 787, with a planned rate of 10 jets monthly by the end of 2013. The company currently is building at a rate of about 2.5 aircraft per month.
Construction could begin on the Dreamlifter Operations Center as early as this summer, with the project being completed by spring 2013, according to a county report.
Herald reporter Noah Haglund contributed to this report.

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus

Market roundup