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- 2.0 Million sf of retail & leisure space with community & civic amenities
- 1,000,000 sf of office space
- 7,000 residential units
- 185,000 sf Cabela's anchor
Crossroads of the Community
Located in the fastest growing area in the South Puget Sound region, Lacey Gateway is set to become the beating heart of a new downtown shopping, leisure and cultural experience for the City of Lacey and surrounding communities.
A rapidly growing community of highly educated, young adults with above average incomes will provide a captive and energetic consumer segment for Lacey Gateway's retail and leisure offering on a daily and year round basis.
Lacey Gateway is destined to become the "Crossroads of the Community" by providing civic, cultural, family, leisure and recreational amenities that the surrounding communities need, seek and aspire for to achieve balance in their fast-paced lives.
The Project and The Place
With panoramic views of Mt. Rainier in the east, Lacey Gateway represents an idyllic Pacific Northwest location, where residents from the Seattle and Portland Metropolitan regions can visit and experience the vitality and social atmosphere of an urban environment.
Lacey Gateway is part of a strategically located 1,000-acre master planned community, featuring a highly visible, mixed-use commercial downtown flanking the heavily traveled Interstate 5 Highway, which connects Seattle to Portland and point beyond.
When complete, Lacey Gateway will feature a new urban "downtown" center in which surrounding residents will be able to access 2.0 million sf of destination hybrid lifestyle shopping, 7,000 new residential units, 1,000,000 sf of office space, a 25,000 sf conference center, community library and a 90,000 sf performing arts center.
A Perfect Pacific Northwest Location
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Location: City of Lacey, Washington (South Puget Sound) flanking the north side of the Interstate 5 Hwy.
- 45 minute drive south of Seattle
- 2 hr drive north of Portland
Property Size:
Project Summary:
- Masterplanned Community
- Mixed-Use urban development including retail, restaurants, entertainment, civic & public amenities, office as well as multi-family and single family dwellings
Total Development:
- Retail: 2,000,000 sf
- Office: 1,000,000 sf
- Residential: 7,000 units
Development Plan:
- Services in place, construction of 185,000 sf Cabela's is completed. The Cabela's opened November 2007.
Traffic Counts:
- Interstate 5 - 103,000 vpd
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Master Planned Community
(potential buildout):
- 2.0 Million sf of retail & leisure space with community & civic amenities
- 1,000,000 sf of office space
- 7,000 residential units
- 185,000 sf Cabela's anchor
Cabela's:
- Opened November 2007
- 4 million annual store visitors
- 50% of visitors from beyond 100 miles
Retail Opportunity:
- Near the center of the Seattle-Portland corridor with 6.8 million residents.
- Total retail & leisure market of $3 billion within a 20-minute drive time, growing at 5.7% annually.
Lacey Gateway Layout Plan:
- Retail Merchandise Mix Summary Phase 1: +/- 928,146 sf
- Convenience 111,378 sf (12%)
- Fashion 157,785 sf (17%)
- Specialty Retail 259,881 sf (28%)
- Food & Beverage 92,815 sf (10%)
- Health & Wellness 37,126 sf (4%)
- House & Home 92,815 sf (10%)
- Destination Value 111,378 sf (12%)
- Entertainment 64,970 sf (7%)
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Lacey Gateway Team Profile:
In addition to Triway's involvement, the following companies are also critical to the success of the project:
- Mithun Architecture & Planning
Mithun is an evolution of ideas, values, vision and people specializing in architecture, urban
planning and interior design. Mithun embraces resource-efficient and sustainable design. Their experience and commitment to design based on the relationship between nature, technology and structure results in developments that enhance a community's quality of life.
Head Office: Seattle, Washington
Web: www.mithun.com
Phone: 206.623.3344
- MXD Development Strategists LTD
MXD is a full service commercial development consulting firm specializing in the master planning and development of mixed-use, retail, resorts, transportation and commercial projects. The MXD Team is made up of a dynamic group of Development Strategists, Land Economists, Real Estate Experts, Urban Planners and Place Makers that assess, identity and defining leading edge projects around the works.
Head Office: Abbotsford, B.C., Canada
Web: www.MXDdevelopment.com
Phone: 604.859.6937
 download PDF site plan
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