Port of Edmonds Signs 50-Year Lease for Boutique Hotel Project
The Port of Edmonds has entered into a 50-year ground lease agreement for the waterfront property at 300 Admiral Way, marking a pivotal development for the area. The lease is with local father-and-son business partners Mike and Ryan Appleby, who have acquired the Landing building from longtime owners, Catspaw LLC.
The Applebys plan to redevelop the site into a boutique hotel while preserving the existing building’s footprint. Their vision for the project includes vibrant new dining options, sauna and spa facilities, a social club, event space, and a first-floor café that will be open to the public.
“The Edmonds waterfront has historically been a place where people from all over come to enjoy the natural beauty, great dining, and beautiful public spaces,” said Mike Appleby. “Through our new partnership with the Port, we look forward to carrying on that tradition.”
While construction and redevelopment remain several years away, the Landing will continue operating as a retail and office space in the interim. Arnie’s Restaurant will remain as the location’s flagship tenant. The proposed hotel aims to enhance public amenities and maintain the waterfront’s appeal as a destination for both locals and visitors.
