Exit133 is about Tacoma
“Gentrification” or Grittiness for the East Side of the Foss Waterway?
Shipbuilding company JM Martinac, a long-time presence on the Thea Foss Waterway, is facing foreclosure, with little hope of staying afloat.
The The News Tribune last week shared an in-depth look at the shipbuilder's financial woes. This week a TNT editorial calls the loss of Martinac a blow to Tacoma's character that would make the city "a little less 'gritty,'" and raises the question of what will happen if (when?) Martinac closes up shop for good,
The TNT opinion piece aligns with what it says has been the Port of Tacoma position, resisting "gentrification" of the east side of the Foss.
The best possible scenarios, short of saving Martinac, would be for another boat-related company to buy the site and set up shop or for the port to buy it and find another, less industrial use for it.
Because of its long industrial history, the site is almost certain to need some expensive environmental cleanup before it could be developed for any sort of non-industrial use. Is there another solid argument for avoiding the "gentrification" of this stretch of Tacoma's waterfront? Is Tacoma on the way to losing its grit?
Read the full TNT opinion piece here.
Do you want to help the folks at Exit133 pay our bills and keep up with of all things Tacoma? Do you want to see even more coverage? Exit133 has always been free to read and comment, and it will stay that way. However, over the years, readers have contributed to the bank account to help us keep up our coverage of goings-on around town. Contribute and this message disappears!Support Exit133