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Fri. November 3, 2006, 06:40am PST
Tacoma's Winthrop may become Prium project
The press release went out yesterday and everyone has since pounced. Local developer Prium Companies now has an option to purchase the Winthrop from AF Evans. Sounds like there's good intentions here that may still give us a grand hotel along with commercial space and more condos. The nice thing about having a proven developer potentially take the Winthrop is that they can create new housing for the current tenants. My hope there is that they focus on spreading the replacement affordable housing out a bit rather than relocate everyone into the same development. Sounds like that may be on the table and that no major work will be done on the Winthrop until that new housing can be created.
Here's a quick round up of related reads:
Winthrop could sparkle again - TNT
Winthrop Hotel saga takes a happy turn - TNT editorial
Prium may purchase Winthrop Hotel - Daily Index
Full Prium press release - Exit133
Comments (1) | To Top
11/3/2006 @ 11:27am
Good news.
The dream to restore the Winthrop Hotel is closer to realization now than anytime since it was converted over 30 years ago.
by Erik