🏗 $500 Million Investment Proposed to Finish Point Ruston

A California-based investment firm has unveiled plans to invest up to $500 million to complete the development at Point Ruston, one of the South Sound’s most prominent waterfront destinations.

📍 What’s Proposed:

• Additional condos and mixed-use buildings

• Continued expansion of the waterfront district

• Completion of long-delayed development phases

The firm shared their vision with the Ruston City Council, though the timeline and approval process remain unclear. Still, this represents one of the largest private investment proposals in the South Sound, with the potential to fully realize the original vision for Point Ruston as a vibrant live-work-play community on the Puget Sound.

💡 Why It Matters:
This could significantly reshape the area, bringing in hundreds of new housing units, retail, and economic growth to the Tacoma–Ruston waterfront.

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