The Biz Buzz

Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.

NOTICE: The Biz Buzz has moved.

With the launch of our new website, we've moved The Biz Buzz.
Visit the new section.

Update on Tehaleh (formerly known as Cascadia): Almost 100 homes sold

Post by Kathleen Cooper / The News Tribune on April 22, 2013 at 6:30 am |
April 20, 2013 4:41 pm

Buried in my inbox is a note sent in early April from Liv Faris, who does public relations for the massive planned community in East Pierce County called Tehaleh.

Called Cascadia for two decades, Newland Communities bought it, renamed it and opened it for business in September.

Jay Bradley opens his orange door this past September to win the Great Home Race, part of the grand opening of Tehaleh, the sprawling new development near Bonney Lake. Photo by Peter Haley, staff photographer
Jay Bradley opens his orange door this past September to win the Great Home Race, part of the grand opening of Tehaleh, the sprawling new development near Bonney Lake. Photo by Peter Haley, staff photographer

Faris gave an update on home sales in the six months hence:

(N)early a quarter of the first part of Phase I has sold (91 homes) – a good sign for the housing market! An influx of new residents will move in this month, including Bob and Sherry Custer, who are putting down roots in Tehaleh after 10 years of outdoor adventures living on a 47-foot sailboat. Tehaleh’s first buyers are a mix of local and out-of-state residents, with various professions and family sizes.

Tehaleh’s most-anticipated resident, Jay Bradley, broke ground on his new home this week. Bradley won the $280,000 home at the Grand Opening in September. Bradley’s 2-story, 5-bedroom home should be completed in June.

Tehaleh’s skatepark, The Edge, will open on May 18, complete with a graffiti wall and half basketball court.

Cascadia was the vision of developer Patrick Kuo when he bought the land from Weyerhaeuser in 1991. He envisioned a 5,000-acre planned community of houses, schools and businesses. Kuo lost most of it to foreclosure in 2009.

San Diego-based Newland snapped up 4,200 acres last year for $49 million, and formed a partnership with Sekisui House, one of Japan’s larger homebuilders.

Tehaleh, pronounced TAY-HA-LAY, comes from Chinook jargon and means “high ground, superior land or land of the gods,” according to Sekisui’s website.

Tehaleh is planned to have about 5,900 homes, a 419-acre employment center, a fire station and up to seven schools. More than 1,000 acres of parks and a trail system are open to the public, as well as a locally owned cafe in Tehaleh’s main visitor’s center.

*
The News Tribune now uses Facebook commenting on selected blogs. See editor's column for more details. Commenters are expected to abide by terms of service for Facebook as well as commenting rules for thenewstribune.com. Report violators to webmaster@thenewstribune.com.