Developer Plans Multi-Use Development in Tacoma, Wash.
May 18--Mike Cohen sees the site for the former Asarco smelter not as a stain upon Tacoma's waterfront but as living landscape.
He sees homes, businesses, shops and parkland. But most of all, he sees people living, working and playing on land where a symbol of America's industrial age once belched arsenic and lead.
The 67 acres now scraped bare are the canvas on which the Lacey-based developer wants to paint his vision for what he calls "the next big project."
His draft plan for a village of up to 800 condominium units, plus office and retail spaces surrounded by parks and greenbelts, pleases the eyes of Tacoma city leaders, who have worried whether Cohen would or could fulfill the promises of a now-bankrupt Asarco.
Cohen says, yes, largely he can.
He's winning support from city leaders and others with a presentation detailing his plans to complete much of the environmental remediation, including parkland and open spaces. He would be a partner with Metro Parks in some projects, he says.
He speaks of residents meandering their way along a new Ruston Way esplanade en route to concerts at an amphitheater in the new Peninsula Park at Point Defiance -- and then circling back through the development he's calling Point Ruston, LLC.
"At the conceptual level, it's looking great," said Ryan Petty, Tacoma's director of community and economic development. "We're very excited about his progress in securing the property and his negotiations with the EPA."
good response from officials
Cohen, whose company has built custom homes, condos, apartments, upscale ministorages and other projects in the South Sound, showed his plans to the Tacoma City Council's Economic Development Committee last week.
He made a presentation to the Ruston Town Council a few weeks ago.
Members of both bodies were impressed.
"I think it keeps with the intent and everything we talked about with the original Asarco plan," said Ruston Mayor Michael Transue.
"It certainly appears as if they are prepared and ready to take this on," said Tacoma City Councilman Rick Talbert, chairman of the council's Economic Development Committee.
"The vision that they have for the site, I think, is going to be very attractive, not only to the people who live there, but to the entire community of Tacoma and Ruston," he added.
Metro Parks chief planner Lois Stark was a bit less effusive.
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