DuPont - A development in DuPont that's set to break ground in the next few weeks will bring apartments and additional retail space to DuPont Station, the city's hub for shopping and dining.
The Trax at DuPont, a $35 million project developed by DuPont Trax LLC, will have 179 apartment units with a recreation area, swimming pool and underground parking. Development plans also call for 12,000 square feet of ground-floor retail space, according to a news release.
The construction schedule has 46 apartments ready for occupancy nine months after breaking ground, with the remaining work, including lofts, townhomes and retail space, ready six to 10 months later.
DuPont Station Partners LLC, which has purchased, developed and sold land at DuPont Station since 1999, finalized the sale of the 4.5-acre parcel off Wilmington Drive near the Liberty Inn to DuPont Trax earlier this month. It has previously sold land in the area to Venture Bank, Community First Credit Union and McDonald’s Corp.
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Developers say DuPont’s location is not only highly desirable for those employed by the military, but also for commuters and those looking to relocate. They also see the new apartments feeding a housing need fueled by expansions at Joint Base Lewis-McChord.
“At a time when the economy is still stalled in most places, we welcome the opportunity to begin construction in DuPont Station and support the area’s growth,” Tim Welsh, the principal of DuPont Trax, said.
The project also models itself on the area’s transit-oriented design, ensuring housing and retail are located within walking distance of mass transit.
Spokane-based Garco Construction, which Welsh owns, will handle the construction work.
In the release, Michael Rabstoff, managing member of DuPont Station Partners who also sold the land, called the project “the most significant single development to be constructed at DuPont Station since its inception.”
The area has more than 20 businesses, including a Farrelli’s Wood Fire Pizza, H&R Block and a branch of the Pierce County Library System, according to the DuPont Station website.
Over the course of construction, the project will bring about 300 construction and 200 supplier, vendor and sub-contractor jobs to the area, according to the release.
DuPont Station Partners owns two other parcels it intends for future development with the goal of finding an anchor grocery store and a retailer, according to the release.
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