Business

That parking lot next to Old City Hall? We know what it will be for a while

Hotel Concepts of Seattle bought a parking lot south of the Spanish Steps and west of Old City Hall last week for $1.8 million, county records show.
Hotel Concepts of Seattle bought a parking lot south of the Spanish Steps and west of Old City Hall last week for $1.8 million, county records show. Kate Martin

That parking lot a developer bought for $1.8 million earlier this month across from Old City Hall in downtown Tacoma?

It’s going to stay that way for now, a representative of the Seattle company said Tuesday.

“We don’t have any concrete plan for this property yet,” said Han Kim, a partner at Hotel Concepts. “We will be running it as a parking lot for the time being.”

The property sits across Commerce Street from Old City Hall, and south of the Elks Lodge, which eventually could become a McMenamins hotel, brewery and performance space.

Hotel Concepts owns more than a dozen hotel properties in the Northwest.

Kate Martin: 253-597-8542, @KateReports

This story was originally published August 10, 2017 at 11:00 AM with the headline "That parking lot next to Old City Hall? We know what it will be for a while."

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