City selects Surge Tacoma for detailed talks over Old City Hall

0

The City of Tacoma has selected Surge Tacoma to move forward with negotiations to re-develop Old City Hall. The city received five responses to its most recent Request for Proposal for the historic building located at 625 S. Commerce St. in Downtown Tacoma.

“Surge Tacoma submitted a compelling proposal to reactivate the historic Old City Hall by infusing the building with uses that will appeal to our entire community — residents, entrepreneurs and visitors,” said Mayor Victoria Woodards. “The redevelopment proposal aligns with the building’s storied history as a welcoming public place. It has the potential to be an economic catalyst while providing affordable housing that helps ensure those who work in Tacoma can continue to live here as well.”

The city and Surge Tacoma will now begin negotiating a development agreement and a purchase and sales agreement. The Community and Economic Development Department anticipates agreements could be reached as early as January 2019.

In the proposal, Surge Tacoma, proposed a mixed-use project with a restaurant in the basement and bar on Pacific Avenue, nearly 20,000 square feet of retail space on the first and second floors, more than 20,000 square feet of office and co-working space for a technology center on the third and fourth floors, 40 micro apartments on the fifth floor (10-20 market rate and 20-30 affordable units), two rooftop restaurants and event space in the clock tower. The development team consists of Harlow & Falk LLP, NBS Financial, Pacific Engineering, Easyway Contractors, CBRE and Artifacts Consulting, Inc.

Subscribe to our newsletter

To stay updated with all the latest news, and offers.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.