Bringing Community Oriented, Workforce Housing to the Hilltop
June 24, 2021 – Seattle WA. – Trent Development announced today that it has started construction on Rook near Tacoma’s Brewery District at 1502 Fawcett Avenue. At a groundbreaking event, the development team was joined by Mayor Victoria Woodards, Councilmember Robert Thoms, the Directors of Community and Economic Development, Planning and Development Services and community leaders to start construction on the forward positive project.
The mixed-income community is the first Opportunity Zone project in Tacoma to include the City’s newly adopted 12-year MFTE legislation. The Multifamily Property Tax Exemption Program provides a tax exemption on eligible multifamily housing in exchange for income- and rent-restricted apartment units for 12-years. By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordability as a community grows.
The Tacoma project will include 368 apartments units on a 1.35-acre property that will consist of two, six-story apartment buildings with 268 underground parking stalls. There will be approximately 8,600 sq. ft. of amenity space and 5,000 sq. ft. of outdoor roof deck area. Trent Development is not including any commercial space in support of existing local merchants in the Brewery District and Hilltop.
“The Brewery District and Hilltop are Tacoma’s pioneering historic neighborhoods with a wonderful vibe all of their own,” said Trent Mummery, principal at Seattle-based Trent Development. “Business and neighborhood leaders have been working for years to keep the business districts vibrant and authentic. With that in mind, we do not want to add competing retail, we want to support what is original and existing.”
“We are really excited to unveil this project,” added Patrick Ashman, another principal at Trent Development. “The site has been vacant for many years and we aim to model civic-centric development that provides rent attainable, quality apartment housing within walking distance to downtown Tacoma and major employers.” The project is focused on providing rental housing for individuals earning 80-120% of AMI, which is a missing building type in new construction.
The ground floors of both buildings are designed as distinct amenity areas with a co-working space, Top Golf Swing Suite, fitness center, bike convenience room with storage, and a tenant lounge that includes a thirty-foot bar. A quiet, landscaped courtyard offers private terraces and provides ample natural light for the apartments facing inward.
Based on popularity, Trent Development may sell memberships to the co-working space and Top Golf Swing Suite. Rook is the only Top Golf Swing Suite to be offered as a residential amenity and it includes Zombie dodge ball, simulated baseball practice, and much more.
The two rooftops are curated for different moods with one programmed for more lively indoor-outdoor entertainment while the other, southern rooftop is more intimate and quieter, described as a library and outdoor relaxation room.
The aesthetic of the project will include reclaimed wood, exposed steel, and polished concrete taking inspiration from heritage buildings along Pacific Avenue and the Brewery District. Located on the hill climb, most of the apartment units will include private decks with views of Commencement Bay, Mt. Rainier, and the skyscape of downtown Tacoma.
The project is anticipated to be completed in 2023. The project team incudes Studio19 Architects, Rush Construction, and Blanton Turner will manage the property. The expected cost will be $105million.