New Housing For East 25th (17. October 2007, 22:12 by Whitney) ~ It's Always Something
Do you remember our once-upon-a-time discussions of the old mattress factory building near Freighthouse Square? Landmark Tacoma 1, LLC, is moving ahead. They have proposed a mixed-use development at 725 East 25th St, with approximately 350 condominium units. The units would range from 500 sq. foot studios, to 1,500 sq. foot 2 bedrooms with 2 bathrooms. All units would have garage parking beneath the structure. The price range is $150,000 to $300,000. It’s heading before the City Council for its multi-family tax exemption in a few weeks.
The Dome District is changing… Drawings? Anybody?
A bit more information is in the tentative October 30th City Council agenda (pdf) on page 6.
Previously on Exit133
(Thanks Jake!)
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The price range is $150,000 to $300,000. It’s heading before the City Council for its multi-family tax exemption in a few weeks.
Let’s see a mixed income housing unit right next to the LINK, Sound Transit, Amtrak and Freighthouse Square. Nice. Better than 350 single family homes and apartments being built in Orting.
Freighthouse Square certainly needs the the business.
Too bad their fruit stand went out of business before the housing got built. Yet, they are lucky that they will already have some retail by them unlike many of the people in the other mixed use centers.
Jake,
Thanks for the update, I have been waiting to hear more info on if this project was would be built. Erik is correct, next to the link and transit station, Wow. I hear building next to transit stations is what this group specializes in. Tacoma buyers shouldn’t sleep on this one.
2 | Posted by Eric | Oct 18, 06:39 AM
This seems like an awesome example of high density housing close to the core with great access to easy transit. Good for Seattle commuters, good for commuters into downtown Tacoma … I think it’s great.
3 | Posted by Erik Hanberg | Oct 18, 08:09 AM
I’ll withhold final judgment until I see the details, but it at least seems possible that this project won’t have the laughable prices that many other T-town condos have sported recently. That’s good news. I like the scale of the project as well. It would make for a hell of a condo owners association but might have enough critical mass to make an impact on the surrounding area.
5 | Posted by Erik S | Oct 18, 07:32 PM
I wonder if the city could stretch the Down Payment Assistance area north a few blocks so this project could qualify. A single person that qualifies for DPA really can’t afford more than $150k so if they have units at this price it may make sense for first time home buyers that want to live downtown but couldn’t afford to otherwise.
I wonder what hieght projections are. There are some great view homes up on the hill behind that. I hope this adds to rather than detracts from the values in Eastside Tacoma Neighborhoods.
7 | Posted by Kitty | Oct 19, 09:57 AM
Another reason this project will be really good (from an urban design standpoint) is that Landmark indicated they would fill in the parking lot with condos in the first phase and figure out what to do with the back half of the lot for phase two. I imagine the building would not likely stand any taller than the parking garages next door. The neighborhood would also likely be quieter than the Foss Waterway area. With the D Street overpass nearing completion, there are no at-grade crossings nearby, meaning there probably won’t be as many loud train whistles sounding throughout the night.
9 | Posted by drizell | Oct 19, 07:20 PM
Drizell and Jake:
Agreed that this will not be a view issue; McKinley sits way above 75’ and I suspect this project won’t even be visible for most homeowners (dome and dome hotel are much higher). As for the train issue, I’d like to hope so, but the train noise is still really high, and I suspect a function of the fact that B street is still open and so the trains still open up when they round Dock Street. A street is barely used and spends much of the winter under water, so I wish it had simply been closed when the D overpass was improved.
10 | Posted by UPSPatrick | Oct 20, 09:49 AM
Hey, if the price of these condos may be low due to train noise, sign me up! It’ll give me a great view of the tracks!!
12 | Posted by The Gulag | Oct 23, 02:58 AM
I’m thinking the condos will have insulation and really nice windows and once inside the noise will be much less than being outside. I have old-fashioned construction and first-generation Milgard aluminum windows. The remodeling budget here spared all expense when making material/esthetic choices—I’m not complaining—just observing what it is —it took me 2 months to get used to the train whistles. Now, I sleep like a big baby. And I wear my Tacoma Train T shirt proudly! Train Schmain…
Resolution 37317 passed yesterday at the City meeting, granting 10 yr tax go. Makes my heart sing. For I am none of the prior group of target buyers. I am that 55+ who is selling the “family home” in the burbs to get into something I can handle without the help of the kids, landscapers, ect. I don’t live in quiet now, lets see- train or Ft Lewis, the sounds of freedom.It’s all good. Pay for a view- not unless it’s while on vacation or when I retire, where I “walk around” too. Bring on the young professionals- they are fun-keeps us young to be around the young. So who gets my “reservation”? Is Sari in town??
14 | Posted by shelley hull | Oct 31, 12:16 PM
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