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Real Estate


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May 1, 2025

Old offices to become 49 apartments … in Lacey

By BRIAN MILLER
Real Estate Editor

Renderings by Weber Thompson [enlarge]
Looking south across Huntamer Park is the 629 Woodland building.

It is oh-so-hard to find a viable office-to-apartment conversion candidate. Such unicorn projects are endlessly discussed, with fanciful marketing renderings to suit, and every housing-starved city across the county is encouraging such schemes. Rarely, however, do they pencil out. The empty building must be cheap, cheap, cheap for the math to work.


 
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