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Joint venture adds to multifamily construction boom in Seattle suburbs

PNC Bank provides $40 million construction loan for apartment development near Tacoma
The first of 10 buildings at Legacy at University Place is scheduled to open in November 2025. (Legacy Partners)
The first of 10 buildings at Legacy at University Place is scheduled to open in November 2025. (Legacy Partners)
CoStar News
October 21, 2024 | 10:55 P.M.

A pair of real estate companies has started an apartment development near Tacoma, part of a burst of new construction in the Seattle suburb that ranks as the region's biggest multifamily submarket.

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