Development in Lakewood is moving into high gear as fall arrives, according to Joe Hannan, Lakewood’s director of redevelopment and economic development. Speaking to the Lakewood First Lions, Hannan listed numerous projects underway or soon to be approved.
Portions of the Lakewood Towne Centre have now been sold off by the original redevelopment company, MBK, to numerous individuals and firms. One of the key features that bodes well for the area is that a number of the buyers are Lakewood residents who are making major real estate investments in the community for the first time although they have featured prominently in other Pierce County and Tacoma projects.
Here are some of the projects of which Hannan made mention:
La Quinta Inn – Bob Park, a long time Lakewood resident, is principal in the construction of a 120 unit, 70,837 square foot hotel at the intersection of Pacific Hway and Bridgeport near I-5. The facility will include a small dining area, swimming pool, meeting rooms, business center and exercise room.
Lakewood Corporate Center – The Panattoni Development Company has proposed a 273,000 square foot warehouse and distribution center at 3423 112th St. SW which is near the intersection of 112th St and South Tacoma Way.
Planned for a two-phase project, the first part will include construction of a 205,000 square foot warehouse building.
In order to develop the site, off-site mitigation for the removal of mature oak woodland was required and the developer, Clover Park Technical College and the City of Lakewood worked together to find an appropriate replacement site and designed a comprehensive mitigation plan.
Wal-Mart – This project is located at 7001 Bridgeport Way north of 75th St. It calls for the development of 25 acres with a 223,000 square foot retail store. Initially, a 150,000 square foot retail center will be built and in the future a 73,000 square foot grocery store will be added. Permits for the project could be issued as early as sometime in October.
Edgewater Retail Project – Located near the intersection of Steilacoom Blvd and Edgewater Drive (a couple blocks east of Phillips Road), this is a 3,500 SF multi-tenant retail development. Proposed tenants include a coffee shop (Starbucks?) with a drive-through and indoor seating for light dining and coffee drinks and a sandwich restaurant or bakery with indoor seating.
Ponders Collision Center – This is an expansion of an established business at 12408-12424 Pacific Highway SW near the intersection with Clover Creek Dr. The project will have two phases, the first of which is construction of an 11,400 sf auto repair and painting facility. The next phase calls for demo and reconstruction of the existing car repair facility with offices and auto repair and paint capability.
Due to the constrained project site, the city and applicant worked together to design a functional and attractive building and site plan. When complete, it will represent a substantial reinvestment into the Ponders neighborhood.
Steilacoom Office Building – GenCon pacific Inc. This Class A office building project is located at 8524 Steilacoom Blvd SW across the street from the Albertson’s Grocery.
Plans call for a 29,800 sf office building with 1,082 sf drive-through coffee shop. This building will provide high-end office space in the city and expand services available in the neighborhood.
Pierce Transit Master Plan – Located at South Tacoma Way and 96th St. the project calls for a 20,000 sf auto maintenance facility, fueling station and vehicle wash area for Pierce Transit. A master plan update from Pierce Transit for their property is also part of the effort.
Pierce College Master Plan – The city and college staff are working to update the college’s master facilities plan which encompasses renovation of the Cascade Building, a new science and technology building and a new arts building.
Western State Hospital Master Plan – For the year, the city’s comprehensive plan calls for a review of the hospital zoning designation and it is currently underway with the public participation plan. Additionally, the City Council can anticipate building repair and remodel permits (minus those affiliated with correctional facilities).
Sound Transit Lakewood Station Parking Garage – Preliminary drawings for a 620-space parking garage and bus loading facility at the Lakewood Park & Ride lot at 11424 Pacific Highway SW near 47th Ave SW, are now being studied by the city staff. The drawings provide general layout, basic design and landscaping details as well as civil alignment.
Springbrook redevelopment – REMCO, a real estate management company, has purchased a significant amount of apartment complexes in the Springbrook neighborhood near the main entrance to McChord AFBase. The properties will be upgraded. Additional multi-family acquisitions are contemplated. The Community Development and Lakewood Police Departments have met with REMCO officials to discuss redevelopment plans and ways to increase public safety.
Lakewood Towne Center – Starbucks has redesigned their proposed standalone building and a permit is expected to be issued for the new facility, located just a few feet from their current small location next to the old Safeway store.
Near the Target Store, construction of a retail building to house Panera Bread is currently moving through city offices.
Next to City Hall, MJR Development has proposed a 40,000 sf office complex. This building would be located on the grassy area east of the city hall.