Tacoma Developers Propose New Apartment Buildings

Permit applications reveal plans for a 175-unit residential complex on S. G Street.

Updated on Oct. 27, 2026 in Apartments

Bold vector editorial illustration of a modern apartment building structure, highlighting urban housing development. — Developers in Tacoma have submitted permit applications for two new residential projects, totaling 205 units on South G Street. AI Illustration. Upload story photo >

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Developers recently filed permit applications for a 175-unit apartment building at 2534 S. G St. in Tacoma. A second proposal for a nearby 30-unit project was also submitted to the city on October 22, 2026.

Why it matters

These filings reflect ongoing efforts to expand housing capacity in Tacoma near community landmarks like the Goodwill Milgard Work Opportunity Center. The proposed developments seek to address local demand for residential space as developers navigate evolving tax incentive programs.

The primary project is estimated to cost $35.3 million and will feature a mix of one- to three-bedroom apartments. A smaller secondary development submitted at the same time includes a 12-year tax exemption and requires 20% of its units to be affordable housing.

The players

Tacoma City Council

This body serves as the legislative authority for the city of Tacoma and is responsible for approving tax exemptions and land-use policies.

Goodwill Milgard Work Opportunity Center

Located near the development site, this facility provides training and placement services to the local community.

The details

The main project site, which saw its 2021 tax exemption expire, is designed with a central open-air courtyard and rooftop amenity space. The developer acquired the necessary parcels between September 2019 and February 2020.

The developer acquired the project parcels between September 2019 and February 2020.
The Tacoma City Council approved an eight-year tax exemption for the site in 2021.
Permit applications for both apartment projects were filed with the city on October 22, 2026.
Construction for the 175-unit building is anticipated to start in July 2027.

Culture Shift

This project aligns with broader urban development trends in Tacoma that favor higher density near existing community infrastructure. By moving away from older, smaller unit layouts toward larger complexes, developers are responding to the city's need for modernized residential inventory.

Residents near S. G Street should anticipate shifts in local traffic patterns as construction for the 175-unit complex is scheduled to begin in July 2027. The project will change the neighborhood landscape by replacing former parcel uses with high-density living and shared community spaces.

The takeaway

Prospective residents should monitor city planning updates to learn when these new housing units become available for leasing. Understanding the mix of one- to three-bedroom layouts can help individuals plan for future living arrangements in the growing Tacoma area.