TACOMA, WA- City officials have decided to delay further negotiations with Cosmos International to build an office complex near the Tacoma Dome.
The decision was based in part because they wished to move ahead with the development of the $80 million to $100 million LeMay Museum, and in part because not everyone seemed to agree that the office project proposed by Cosmos International, a 1.2 million sf project to be built over the course of 18 years and include three office buildings, retails shops, condominiums and a hotel, was the right fit for the city.
Possible uses city power brokers are willing to entertain include an entertainment complex, mixed-use, office, residential or retail. On June 18, the Council will take public comment and vote on a resolution that would support the best use of the City-owned land next to the proposed LeMay car museum site and direct the City Manager to start the RFP process.
Meanwhile, the council and museum officials appear to be making progress on that project. Museum representatives had threatened to move the facility to another city if negotiations toward development had not progressed by the end of this month.