The Puyallup Tribe of Indians and SSA Marine Inc. today announced an agreement to develop 180 acres into a new marine terminal at the Port of Tacoma. The terminal will be built along the Blair Waterway where the tribe once operated its original Emerald Queen Casino.
Other tribal land, which now stands empty, will be used along with SSA-owned land as as a marshaling yard and storage area for containers.
SSA Marine will transfer to the tribe 52 acres as part of the deal, and will operate the terminal under a lease agreement. The company will also bear the cost of development and any environmental remediation, said John Weymer, tribal spokesman.
The company will spend $300 million for initial development of the terminal, Weymer said. Details of a "long-term lease agreement" were not released. No public funds will be used in the development of the property.
The Puyallup Tribe originally received the port property as part of a land-claims settlement. SSA Marine is the largest U.S.-owned, and the largest privately held container terminal operator and cargo handling company in the world, and serves 120 locations around the globe.