County and City Look at Property Swap
The TNT is reporting that the City of Tacoma and Pierce County are considering a swap of properties. The County-City Building up on Tacoma Ave and Cheney Stadium are both owned by both parties, but the County-City Building is nearly all County and Cheney Stadium is managed by the City. (Following so far?) The proposal is to swap their ownership in the properties to give Tacoma the Stadium and Pierce County the building.
Whew.
Hmmmm … with the pending need to renovate Cheney and the County-City Building needing some updating, I’m not sure who is getting the better deal.
More details at the News Tribune
Filed under: cheney-stadium
1 comments
D Douglas Tooley December 5, 2008
I don’t get it –
Sure, Cheney has a future, with Parks and the County Building is getting old, but it’s roughly 5 million for Cheney and 50 for the County Building.
That’s ten to one, plus the County making good on the Narrows Airport deal, which even still might well be another ‘steal’ of a deal.
Lastly, why is the city paying 3.5 times its share of maintenance costs – just who in the world is negotiating these deals.