Real Estate News

The Henry apartments in Tacoma on track for September opening

Construction workers are shown Tuesday working on The Henry waterfront apartments, a $32 million building that broke ground last year on the north side of the state Route 509’s cable suspension bridge.
Construction workers are shown Tuesday working on The Henry waterfront apartments, a $32 million building that broke ground last year on the north side of the state Route 509’s cable suspension bridge. Staff photographer

The Henry apartments on the Foss Waterway are scheduled to open Sept. 1, one of the investors said Wednesday.

The $32 million building broke ground last year on the north side of the state Route 509’s cable suspension bridge. It will have 161 units ranging from about $1,100 for a studio to about $2,900 for a 2-bedroom, 1,100-square-foot apartment. Almost all the units have views and decks.

Scott Carino, one of The Henry’s investors, said about 10 percent of the apartments are leased. The scaffolding in front of the facade came down this week, and the leasing office will open soon. Potential renters are excited about the rooftop deck and park, which is open all the time to residents only, he said.

“You can go up in your bathrobe at 5:30 in the morning with your dog and you can drink your coffee,” he said. “Or, go up in the evening with a glass of wine.”

Carino’s investment team built Thea’s Landing, the first major building on the Foss. For The Henry, the team worked with Woodinville-based Sierra Construction Co., which Carino said was the first time his team worked with outside general contractors. The relationship has been a success, he said.

As construction has gone on, the builders found more room for storage units and made adjustments to the floor plans to “make them feel better,” Carino said.

The Henry’s success has Carino and his partners “bullish” on Tacoma. They are looking at two more parcels for more apartments in the downtown core, he said. “We’re in final negotiations,” Carino said. “We want to keep building here.”

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