Available For Sale - Land

0 SF | Show Pricing $

Land Space in Tacoma for sale

LISTED BY

John Bauder
Lee & Associates, 253-238-0043
Harrison Laird
Lee & Associates, 206-947-1594

AVAILABILITY DETAILS

Size
0 SF
Price/SF
Show Pricing $
Listing ID
SA540603
Notes
Lee & Associates is pleased to present the opportunity to purchase Tacoma’s premier development site, the Super Block. Located in the heart of the Financial District and immediately adjacent to freeway on and off ramps, the site is ideally situated for development. The Downtown Commercial Core zoning has a height limit of 400’; initial studies and drawings indicate an ability to build nearly 480,000 square feet of office, retail, hospitality, and/or multifamily. Interim parking income and extensive pre-development / due diligence work provides a developer a clear path forward. The Super Block, ±69,165 SF of land with additional underground parking, provides a developer the ability to control two full city blocks in Downtown Tacoma. A developer would have the ability to vacate the alley between the two blocks, providing approximately 12,000 SF of additional land, and almost 2 contiguous acres in total. Extensive pre-development work has been completed including construction drawings for a ±250,000 office building, and multiple massing studies depicting up to a 665,000 SF office building with underground parking and retail. The Super Block currently has approximately 304 parking stalls, including secure underground parking. The site also fall within a Qualified Opportunity Zone.
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
John Bauder, Lee & Associates