This deed amounted to a public gift of $500,000 from the county to the Navy[citation needed] (equivalent to $6.89 million in 2023 dollars)[3] The Seattle Chamber of Commerce—a commercial entity—had done the same thing for the Army 28 years before with Fort Lawton, much of which is now Discovery Park.

The historic flight helped convince Congress to develop Sand Point as a Naval Air Station.

In 1975 a large portion of the Navy's land was given to the City of Seattle and to the National Oceanic and Atmospheric Administration (NOAA).

The airfield runways were demolished in the late 1970s and new construction on the north end for NOAA was completed in 1982 (photo – 1981).

The installation was renamed "Naval Station Puget Sound" in 1986 and recommended for closure in April 1991, and the remaining land was divided among several entities, including the city.