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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
Site plan 1 - PDF file
Site plan 2 - PDF file
Site plan 3 - PDF file
Site plan 4 - PDF file
Phase 1 description: -   Phase 1 description - PDF file
Phase 1 layout: -   Phase 1 layout - PDF file
Trade area: -   Trade area - PDF file
Maketing & Contact: -   Marketing & Contact - PDF file
City of Lacey Brochure: -   City of Lacey Brochure - PDF file
Reasons to Invest: -   Reasons to Invest - PDF file
News Articles about Lacey Gate project & Cabela's store - PDF files:
Location: -   Location map 1- PDF file
Location map 2 - PDF file
City of Lacey, Thurston County, State of Washington, along Interstate Freeway 5 between exit 109 and exit 111 to the West. The location is the fastest growing area in the South Puget Sound region.
Total retail & leisure market sales of $3 billion within a 20-minute drive time, growing at 5.7% annually.
Lacey, Washington is the northernmost city in Thurston County, near the state capital in Olympia. Twenty minutes drive to Tacoma, and less than an hour to Seattle, Lacey is rapidly evolving from a commuters' haven into a thriving commercial and employment center. Lacey is centrally located within the Seattle - Portland metropolitan corridor with its 6.8 million residents. The site's trade area features a population of nearly 200,000, with an annual growth rate of 1.21% and a projected median household income (2010) of more than $70,000. The Evergreen State College, South Puget Sound Community College and St. Martin's University are located in the area, which along with State Government, create a stable and prosperous local economy. This is an area of young, well-educated people, with an average age of 35.6 years and with 49% of the population holding a college degree.
With a mile of frontage on Interstate 5, Lacey Gateway Town Center is part of a strategically located 1,000-acre master planned community featuring a highly visible, mixed-use commercial downtown. With one mile of the site flanking the heavily traveled Interstate 5 freeway which connects Seattle to Portland and points beyond. (45 minute drive south of Seattle and 2 hour drive north of Portland). Traffic counts on Interstate 5: 103,000 VPD.
When complete, Lacey Gateway Town Center is destined to become Washington’s premier retail/mixed use destination anchored by Cabela’s, "The World's Foremost Outfitter". 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 which includes typical national and local retailers, restaurants, etc., 7,000 new residential units, 1,000,000 sf of first-class office space, a 25,000 sf conference center, community library and a 90,000 sf performing arts center.
The City of Lacey has long envisioned this area to become its city center. Local plans call for retail, hospitality, office, recreational, and civic uses supported by an upscale residential community. The city commits to purchase 10 acres of the site for civic uses.
Lacey City Manager Greg Cuoio said, "This is about opening up 400 acres of prime commercial property along I-5 that will generate 8,000 to 10,000 new jobs, and by the time it builds out it's going to return $50 million to the state annually."
Current Project Status:
Infrastructure around the site has been constructed. An anchor store, 185,000 sf Cabela’s, opened November 2007. Cabela’s has created about 300 new jobs and has 4 million annual store visitors.
Master plan for phase 1 of the project and all environmental EIS have been approved.
City of Lacey has completed construction of a main street connecting a major traffic road to the project; at the same time, widening an existing main boulevard to the project and building a regional sewer lift station to serve the area.
The City of Lacey received $9.9 million in a Job Fund Grant from the State of Washington in 2007 for infrastructure improvements to accommodate the Lacey Gateway Town Center project. This grant was based on an assessment by the legislature that the project would have a strong job creation impact.
*The project has received approval for $14 million LRF (Local Revitalization Financing) funding from city and state.
- 1.2 million sf of retail/office and 500 units of residential
- Including 100,000 sf conference center and Community Library, 90,000 sf performing arts center.
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
- 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, identify and define leading edge projects around the world.
Head Office: Abbotsford, B.C., Canada