Multifamily projects are hot in Tacoma. Here’s what’s going up.
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)
Site updated to V2 Images and Renderings
We’ve updated the website to the newest version of the images and renders based on feedback from all parties involved. V2 is a much more complete representation, created from site surveys and GIS mapping of what we intend to build on the Thea Foss Waterway in Tacoma. Contact us if you would like a full 3D tour of the building and its surroundings.
Dedication to Sustainability & ESG
Ship Lofts has made Sustainability & ESG its driving mantra since its inception. The driving force behind our decision making processes are first to achieve full Living Building Challenge 4.0 Certification, the most difficult to achieve of all certifications. The second is a regional specific Salmon Safe certification, of which we've taken The Pledge as our property is their first development directly on a waterfront with salmon in it. Both certifications will be a first for Tacoma WA, making Ship Lofts one of the most eco-sustainable multi-family buildings in the state and
Developer Looks to Transform Last Privately-Owned Waterfront Site in Tacoma into “Iconic” Statement
Ship Lofts in The Registry PS "Developer Looks to Transform Last Privately-Owned Waterfront Site in Tacoma into “Iconic” Statement" by Meghan Hall Full Text: As the Puget Sound grows, Tacoma is experiencing its own development boom, with property owners and commercial real estate firms planning projects that will impact the city’s skyline for years to come. However, the development team in charge of the last remaining privately owned waterfront parcel in Tacoma is taking a particularly bold approach: The project team for the Tacoma Ship Lofts intends to make the design almost controversial
Local Feedback
The news of our project has spread organically onto Reddit and Skyscraper City. Almost all commenters liked the design, but half didn't like that it's not affordable housing. Our official response to the affordable housing issue. The City of Tacoma is going through a building boom with 7000+ units complete, in planning or permitting. A vast majority of these are in the affordable housing sector. But the city understands there has to be a selection of all property types: Low, Affordable, Market Rate and Luxury. It's estimated that 3-5% of the units