Local Economic Development Investment Fund

Economic development at the port occurs in direct ways, such as the development of publicly-owned marine terminals and industrial parks, as well as indirectly through community economic development investments.

Our Local Economic Development Investment Fund has an annual budget of $250,000. It is available to non-profits and municipal agencies in Pierce County, and may be used to help local jurisdictions fulfill matching requirements to receive a larger grant. Municipal entities must agree to enter into the Port of Tacoma’s Interlocal Agreement in accordance with § RCW 39.34.

Applications for the 2020 Local Economic Development Investment Fund will be accepted between Dec. 27, 2019 and Feb. 28, 2020.

Investments prioritize:

  • A: Road and freight rail infrastructure projects that create long-term jobs
  • B: Marine tourism infrastructure projects intended to attract tourists to Pierce County from outside locations
  • C: Planning activities or events promoting international trade 
  • D: Planning activities or events promoting tourism intended to attract tourists to Pierce County from outside locations

If your project is found to be within the Port’s statutory authority and policy guidelines, your application will be considered during the Port of Tacoma’s annual review process. See additional information and instructions on the application.

2019 Funded Projects

City of DuPont
This project is to widen DuPont Steilacoom Road by adding a new lane in each direction between Warf Road and Barksdale Avenue to accommodate commercial traffic to and from the DuPont Industrial area.

City of Fife
For the creation of a Science and Family Volcanic Bash event, highlighting the unique geology of Pierce County.

City of Fife
To complete a study for the 54th avenue and Taylor Way corridor between the SR509 Spur and a new interchange the Puget Sound Gateway project will create.

Pierce County
For a feasibility study of adding a public boat ramp location along the Thea Foss Waterway in Tacoma.

Gig Harbor BoatShop
For rebuilding the marine railways system at the historic Eddon Boatyard in Gig Harbor.

Pierce County Parks & Recreation
To do an analysis study of the Tacoma to Puyallup Regional Trail connection.

Tacoma South Sound Sports Commission
Support for the SEVENTY48 human powered craft water race from Tacoma to Port Townsend.

Visit Rainier
For the development of a Mobility Tourism Guide to assist seniors and people with disabilities access to Mt. Rainier National Park.

City of Lakewood
In support of the city’s SummerFEST Festival, Triathlon and Triple Threat event to be held July 13, 2020.

City of Orting
For the development of a tourism video promoting tourism to the City of Orting, the Puyallup and Carbon rivers, the Foothills Trail, city parks and city events.

 

Past funded projects

Who to contact

Leslie Barstow
Community@portoftacoma.com 
253-428-8662

Informational conference call
Feb. 6, 2020 from 3-4 p.m.
Call: (253) 617-4257 
Conference I.D. 131870336#