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By Shawna De La Rosa  –  Reporter, Puget Sound Business Journal Article The Tacoma multifamily market is reaching historic highs in both sales volumes and pricing. A recently released Kidder Mathews report shows the South Sound city already had a year-to-date sales volume of $129 million by the end of third quarter compared with $28 million for all of 2020, and a year-to-date price per square foot of $270 compared with $181 last year. For this workforce housing town, those numbers are exceptional. Kidder Mathews held a webinar Tuesday on the South Sound's multifamily market dynamics.

By Shawna De La Rosa  –  Reporter, Puget Sound Business Journal Article Tacoma is growing up — straight up. Thousands of apartment units are under construction in structures that will tower above neighborhoods once occupied by small retail buildings and single-family houses. While most of the larger projects are clustered in the Brewery District near University of Washington Tacoma or near the Tacoma Dome transit station, projects are also underway on Sixth Avenue and in the Hilltop neighborhood. Developers praise the city's business-friendly climate and the growing mass transit connections. In addition, Tacoma offers multifamily property tax exemptions (MFTE)