The Rise at 19th
A Beautiful New Apartment Overlooking Downtown Tacoma
We began construction on The Rise at 19th in the summer of 2019. The Rise will add 64 affordable apartments to the Hilltop neighborhood. We will reserve 14 of the apartments for people or families coming from homelessness. We will also reserve another 14 for people with disabilities. In this way, The Rise at 19th will help address the public health emergency the City Council declared homelessness to be.
Continuing Our Hilltop Investments
The Rise at 19th began as part of our Hillside Terrace public housing developments spread over 4 properties between South 15th and South 27th. They were built in the 1960’s with 165 apartments. We bought them in 1976. By 2000 the properties were worn out. Since then we have demolished or rebuilt all of them. To date we have built back 206 apartments with community facilities. Our Bay Terrace property between 25th and 27th Street has Tacoma Public School’s only HeadStart program outside a school. These developments helped spark private investments that have since spread throughout the Hilltop. We have more Hilltop developments on the way. They all show our efforts to set high standards of environmental responsibility and design.
These investments are especially timely as the Hilltop gentrifies. By investing, we seek to make the Hilltop’s blossoming equitable, with a shared prosperity. By what we builds and how we build it, we seek to make the Hilltop what Tacoma Housing Authority’s mission statement seeks for all Tacoma neighborhoods: that they be places that all people experience as “safe, vibrant prosperous, attractive, and just.”
The project will cost $21 million to build. Most of the money will come from private sources, with important public partners:
- Tax credit equity investors (Boston Capital)
- Commercial debt (Heritage Bank)
- City of Tacoma
- Washington State
- Tacoma Housing Authority
Architects: SMR Architects Contractor: MarPac Construction