Ethos Development Breaks Ground on Second Tacoma Project
Ethos Development, a Portland, OR-based development firm specializing in multifamily projects throughout the Pacific Northwest, has broken ground on The Moraine, a 160-unit development in Tacoma, WA. It’s the second Tacoma project for Ethos.
“The need for accessibly priced housing continues to grow in the greater Tacoma area,” says Paul Del Vecchio, founding principal of Ethos. “The Moraine will provide design-forward and convenient living at a reasonable price point; continuing our commitment to replicable market-based affordable housing solutions.”
The 115,000-square-foot, eight-story podium project includes a full suite of amenities including a fitness center, a media room, a roof deck with communal kitchen, and a billiards room. The interiors will feature a contemporary mountain lodge aesthetic and offer views of Mt Rainier and Commencement Bay from many units.
Works Progress Architecture of Portland designed the project, Walsh Construction Co. is general contractor, and Ethos Commercial Advisors of Portland provided financing brokerage.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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