$127M price tag for proposed Pierce County headquarters

Pierce County Executive Pat McCarthy announced this week the cost to build a new general services building (pictured) on the county-owned 13-acre site of the former Puget Sound Hospital campus will total $126.9 million.

During a presentation to Pierce County Council on Monday, McCarthy noted the project would be paid for using existing resources, such as the money currently spent on eight commercial office leases that serve 19 departments and divisions currently housed in 14 locations throughout the county, as well as savings gained through efficiencies created by consolidating employees within the new general services building and campus. She also noted a development agreement between the County and Seattle-based developer Wright Runstad & Co. shows $103.8 million would be spent on total construction, including fixtures and furniture; $17.4 million would be spent on parking facilities; and $3.9 million would be spent on building, parking, and tenant contingencies.

Pierce County Council is expected to vote later this month on whether to approve the plan. If approved, construction would begin in March, with the building fully occupied by November 2016.

More information is available online at piercecountywa.org/gsb.

To read the Tacoma Daily Index‘s complete and comprehensive coverage of the proposed Pierce County General Services Building, click on the following links: