Point Ruston developer is selling luxury condos that will be built in downtown Puyallup
The sales office for the mixed-use building that will take over a downtown Puyallup parking lot opened its doors recently.
McBride-Cohen Management Group, LLC held the ribbon-cutting ceremony for The Ezra at Pioneer Park’s sales office on July 7. The office is at 333 S Meridian Suite 105 just under Puyallup City Hall.
“The Ezra is going to be a catalyst for downtown, bringing in new residents who want to shop, dine and recreate. I have no doubt that these new condos will … sell out well before construction,” Mayor Dean Johnson said in a news release.
The Ezra will be on the lot at 330 Third St. SW. Currently, it offers 100 parking spots and is next to the Puyallup Activity Center. The city had to negotiate with the developer because some people were unsatisfied with the plans to convert the space.
Seniors were worried about their parking options when The Ezra is built because those who frequent the Puyallup Activity Center tend to park in the lot, The News Tribune reported.
City spokesperson Eric Johnson told The News Tribune in November 2021 about 20 parking stalls will be reserved for people that use the activity center. Some angled stalls on Third Street Southwest will also be reserved for them.
The city has been meeting with the Senior Advisory Board to address their concerns, economic development manager Meredith Neal said.
Activity center users will have access to over 100 stalls: 20 at The Ezra, about 30 on Third Street Southwest, 14 at the Puyallup Public Library, five on Elm Place and three on Second Street Southwest. Plans to build new lots at 313 W Meeker and 208 W Main will also bring about 30 new stalls.
The lot had a $1.4 million price tag, city economic development director Meredith Neal said during the Oct. 26 City Council meeting.
The Ezra will be four stories high. There will be a fitness center, gated parking and a pet-friendly rooftop deck. Other amenities will include private storage units, trash and recycling areas, and charging stations for electric vehicles.
There will be several floor plans, including a studio with one bathroom or a two-bedroom unit with two bathrooms. Units range from 597 square feet to 1,719 square feet, according to The Ezra’s website.
Sandy Johnson from The Ezra’s sales office said there are 66 condominiums total and seven have been sold so far as of Aug. 9. The units are between $400,000 and $1 million.
The Ezra units are being marketed as “luxury” condominiums or market-rate. None will be affordable housing units, Neal said. Construction is expected to begin next summer and finish by 2024 or 2025.
“The Ezra is a historic chance to create a new place for those looking for affordable luxury living less than five minutes away from the Sounder Train line,” developer Loren Cohen said in the news release.
Cohen is also the developer behind behind the Point Ruston project along Commencement Bay in Tacoma. That development is 97 acres of residential and retail facilities. Cohen told The News Tribune in 2020 that the project had $600 million in total financing and $450 million in ongoing construction projects.
