Renton-based Orca Bay Seafoods has confirmed what was signaled by an application to the City of Federal Way last week: the development of a new 314,424-square-foot warehousing, distribution, and processing center.

The new facility will be on a 19-acre forested site east of the former Weyerhaeuser building. That property was part of the 430 acres Weyerhaeuser sold in February to Industrial Realty Group for $70.5 million, a parcel of land the City has been actively promoting to prospective tenants.

The Army Corps of Engineers is currently in the process of approving the development; if approved, the new building would be 68 feet tall and house office space as well as a 75,000-square-foot dedicated food processing facility, with parking for more than 300 cars and 35 trailers.

Development of the site, according to the developer — New Jersey based Preferred Freezer Services — would include the relocation and enhancement of the seasonal wetlands on site. A 50-foot-wide forested buffer would also maintain the existing leafy character of the industrial-zoned property while also screening it from adjacent Weyerhaeuser Way.

“Orca Bay has done business in the Seattle-Tacoma area for over 30 years,” said Ryan Mackey, president and CEO of Orca Bay Seafoods. “The move to Federal Way and partnership with Preferred Freezer Services provides us an ideal opportunity to improve our operational efficiency and flexibility by consolidating our Bellevue and Renton locations.

“The new space also affords us the ability to continue our commitment to exceeding our customer’s expectations by offering quality frozen seafood produced with the highest levels of food safety and environmental sustainability. This is going to be great not only for our business but for the more than 250 employees, our customers, and for Federal Way.”