Business

Plans in works for industrial distribution site along I-5

A rendering of the new Tacoma I-5 Distribution Center, set to break ground in March.
A rendering of the new Tacoma I-5 Distribution Center, set to break ground in March.

Here’s the answer to the question: What’s being built near Interstate 5 between Lakewood and Tacoma.

Say hello to the Tacoma I-5 Distribution Center.

Kirkland-based Vector Development announced Thursday it plans to build the $9.5 million facility at 2519 S. 96th St. near the Woodmark Apartments and other apartment complexes.

According to Vector, the 78,000-square-foot site “is targeted to be leased to one or more distribution, warehouse or manufacturing tenants.”

Tacoma I-5 fills an industrial gap in an area with few distribution centers. The site strategically faces I-5 with convenient freeway access and with close proximity to the Port of Tacoma. The location also offers numerous restaurant amenities, transit options and optimal visibility for I-5 advertising opportunities.”

According to Vector, construction is to begin in March with a target completion date in September.

Vector also is involved in developing a $45 million, 382,000-square-foot industrial business park in Covington and a 950-unit three-story self-storage industrial project at 2702 S. Union Ave. in Tacoma. Both of those projects are scheduled to start construction in spring.

Debbie Cockrell: 253-597-8364, @Debbie_Cockrell



This story was originally published October 25, 2018 at 1:23 PM.

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