- Stack Hill: The building permit for the first model home has been issued and construction is underway. Since this is a model home, I'm not sure when the value will hit Ruston's tax base. The real estate excise tax is only charged when a property is sold. Point Ruston has applied for a second building permit for the next home.
- Waterfront: There was an update on one of the Tribune blogs about the new development on the south end of the site (in Tacoma) to be named Copperline. Permits on this development have been applied for and are under review. The City of Tacoma is expected to issue their final Supplemental Environmental Impact Statement (SEIS) this week. No building permits can be issued until the final SEIS is done.
So, Ruston got the first building permit issued (after at least 2 years of haggling). It's still possible that completion of the first building will be in Tacoma, but the Town would have to work really, really hard to make that happen. Personally, I think we'll see several homes underway on Stack Hill before the first Copperline building gets done. At least I hope so! What's your prediction? ~ Karen
(I just noted that Exit 133 has an update on this same issue today after Point Ruston made a presentation to Tacoma's Economic Development Committee yesterday. Check it out here...)
5 comments:
Not fair to compare STACK HILL with POINT RUSTON!! I don't consider a house to be in the same category as mixed use building!!
It's not the same category at all - which makes it even more stunning that it took Ruston so long to get the permit issued. It will be interesting to see how Tacoma's process for a more complex building compares to Ruston's for a single family home. But I think its fair to make some comparisons...
Please give this council time to make the nessesary changes.This Town has drug it's feet for to long.We have had no direction.No vission.No urgency.It seems to me that progress is happening.We have had our heads in the sand for way toooo long.
Just my thoughts.
Take heart. It makes more sense to build the Point Ruston site from east to west. If only from a geographical standpoint, let alone a political one.
I hope this council will take us in a new direction. But this is the group that put Cohen through the ringer with the plat on the Stack Hill development (remember Dan Voepel's column?). But they do seem to be changing course. I am hopeful they will remain reasonable and let this development happen soon.
In the meantime, we should be doing more to support our current businesses. Things like an economic development committee come to mind that can spend some time studying these issues for Ruston - although we have trouble filling the slots on our current committees. Maybe with some more time under the current "reasonable" direction of the council will help ease tensions enough to get people engaged again. I hope so....
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