What’s being built across from Grayland Park in downtown Puyallup? Here’s what we know
Work is underway on a three-story apartment building in downtown Puyallup.
The 2nd Street Apartments at 201 Fifth Ave. NE will have 24 one- and two-bedroom apartments that will be market rate.
Dylan Huber is the owner of Huber Properties LLC, the company behind the $7 million project.
He expects the apartments will be ready to rent in January 2026.
The undeveloped lot Huber is building on used to be a sunken property that drivers saw on their way through town on Second Street Northeast, across from Grayland Park. Crews had to fill the depression, Huber said, which was 4 or 5 feet lower than the street.
It’s not his only Puyallup project. He’s planning a similar apartment building at 37th Avenue Southeast and Fifth Street Southeast. It’s in the early stages, and he hopes to start construction next year.
“Both these locations are great,” he said.
The valley property is close to the Sounder train line, he said.
That could make the apartments an option for commuters. Cheaper rents in the South Sound are attractive to those who work up north, he said.
The hill property is close to the mall, restaurants, a gym and other businesses.
He said he’ll hire a management company to rent out the apartments when they’re finished. Amenities will include dog walking areas, picnic areas, and electric vehicle charging stations.
Asked about estimated rents for the units, Huber declined to comment, except to say: “They will be market rates.”
Zillow listed the median rent for the Puyallup area across all property types as $2,300 on Thursday. RentCafe listed the average rent in Puyalup as $1,975 Thursday. A developer on a separate project in downtown Puyallup told the City Council last month that a market-rate rent for a new one-bedroom unit in the area is about $1,900.
Asked about trends he’s seeing in the industry, he said some areas of the Puget Sound, including Port Orchard, are almost over-saturated with multifamily housing.
“I don’t even build out there right now, because of that reason,” he said.
Puyallup, he said, is an area that needs new multifamily options.
“Downtown Puyallup, there’s not much new as far as new apartments and new housing in general, so we think this will be a big winner,” he said. “The city really wants the project, I know that.”
The city needs to add nearly 7,500 housing units by 2044 to meet state requirements, The News Tribune reported last year.
News Tribune archives contributed to this report.
