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FINANCIAL_SERVICESAPPROVED

City of Tacoma City Council Agenda 2026-06-23

Tax Exemption Agreement for RKD 708 Housing Project

Greater Tacoma Regional Convention Center Public Facilities DistRKD 708 LLCJune 23, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Tacoma will enter into a 12-year Multi-Family Housing Limited Property Tax Exemption Agreement with RKD 708 LLC. The agreement supports development of 12 market and regulated-rate rental units at 708 East 35th Street in the McKinley Mixed-Use Center.

Contract Details

Vendor

RKD 708 LLC

Agency

Greater Tacoma Regional Convention Center Public Facilities Dist, WA

Contract Type

FINANCIAL_SERVICES

Document Date

June 23, 2026

Contract Term

12-year limited property tax exemption

Renewal Info

Agreement provides a 12-year limited property tax exemption; renewals are not indicated in the agenda item.

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