The Tacoma Tower project includes three separate buildings located in the heart of downtown Tacoma. The project joins two historic buildings (1119 & 1123 Pacific Ave) across the lower three levels to create larger floor plates, large floor plate office space on floors 2, 3, and 4, the conversion of 12 floors of office space to 60 residential units, and a food hall similar to others in major cities. This project includes a 7-story parking structure with 211 spaces and 11,000 sf of ground-floor retail (1114 Pacific Ave). Located within an easy walking distance of the burgeoning UW Tacoma campus and just to the south of Tacoma‘s entertainment district, the project will fill a massive food desert and provide residents with an exciting new food hall featuring local chef-driven restaurants.
Tacoma Interior Concept Images:
1119 & 1123 Pacific Ave, Tacoma WA
Returns shown are derived from developer projected data. There are many factors that can cause the numbers to be higher or lower than illustrated including time, material and labor costs, rent and operating cost projections as well as interest rates. Potential property level returns will not be indicative of fund returns, due to many factors, which include, but are not limited to, hold period per project, concentration, and management fees. Nothing contained on this site should be construed as tax advice. Please consult your tax professional for specific tax advise. We are happy to visit with your tax professional to discuss Opportunity Zone specific regulations and how they may benefit you. Investments in real estate contain risks that should be understood before investing. The information on this site does not constitute an offering. An offering may only be made by the funds official PPM. Please contact us if you have questions about Opportunity Zone investing or to determine if you qualify to receive offering materials.
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