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If a private operator can see this as a money making business, it could be a fun service. If the suggestion is to subsidize this with public funds I would rather see us subsidize transit service.

One would need to use some form of additional transportation once you would arrive in Seattle unless you were simply there to visit the waterfront.

Here is a link to the most recent Passenger Ferry Only study that was conducted for Puget Sound Regional Council. The Olympia to Seattle route did not make the cut for more detailed analysis. One reason that it did not move forward was a confined waterway on the route, which means the boat would need to slow down. There is not a time advantage for this route, there is a time loss compared to a car trip.

Note that existing Kitsap passenger only ferry services were only recovering 26% of costs in 2019.

Here is the PSRC page about the study

https://www.psrc.org/our-work/puget-sound-passenger-only-ferry-study

Here is the study

https://www.psrc.org/media/2282