I ran into Michael Mirra, executive director of the Tacoma Housing Authority, at the Tacoma city council study session this week. That reminded me that THA had been exploring a purchase of the Winthrop Hotel from Prium.
I asked Michael to send me an update.
No Winthrop news, at least from our end.
We have told the city that we remain interested in purchasing it and, if so, we remain interested in our vision for a mixed-use tower (rental units, both market rate and affordable, commercial space, retail and the public ballroom).
We have also told the city that to do it we would need help from the city and others. I think the city still needs to decide what use it favors for the building, i.e. is it ready to move past the disappointed hopes that someone somewhere can turn the building back into a first rate hotel. Such a hotel conversion does have its appeal and if someone can get it done THA has no interest in standing in the way. It does seem unlikely however.
Perhaps the next council will be able to decide what it would favor. In the meantime, THA has stopped its due diligence review of the building, and we are standing by. With Salishan and other sundry projects, we do have other things to keep us busy.