Can Seattle's Terminal 46 Come Back to Life?
Mike Merritt
After six years of frustration, the Northwest Seaport Alliance (NMSA) is seeing a glimmer of hope in putting the shuttered Terminal 46 back into cargo operations. On Tuesday, the Alliance, which operates the Seattle and Tacoma ports, signed a 12-month agreement with a global infrastructure investor to seek opportunities for new cargo and industrial uses at the largely empty terminal just south of the central waterfront’s Ferry Terminal.
The agreement gives Brookfield Infrastructure Group exclusive rights to develop maritime business opportunities at the 86-acre terminal, with a focus on international container cargo, in partnership with NWSA.
Commissioners enthusiastically approved the agreement. Terminal 46, on the Duwamish River near SODO, is a “rare gem,’’ said Seattle Port Commissioner Toshiko Hasegawa. “We could not be more excited to see this explored. This is an important step in the right direction.”
Brookfield describes itself as “one of the largest owners and operators of critical global infrastructure networks which facilitate the movement and storage of energy, water, freight, passengers and data,” with $1 trillion in assets. In the transportation field, Brookfield invests in shipping terminals, warehouses, industrial properties, and energy, along with railroads and transportation equipment leasing.
https://www.postalley.org/2025/12/09/can-seattles-terminal-46-come-back-to-life/