LACEY, WA-Agreeing to a developers request for an extension to gather more information, the city council here has delayed until next month further discussion of its moratorium on large distribution centers in the Hawk’s Prairie area. The moratorium was approved toward the end of May.

The council took time last week to alter language in the moratorium. The moratorium now includes structures of 200,000 sf in size. The original language prohibited only structures exceeding 200,000 sf. The change removes the financial incentive for someone to develop a bunch of 200,000-sf buildings to get around the moratorium and still take advantage of a sales tax exemption that can be had on construction materials and certain equipment bought for new buildings of 200,000 sf or larger.

The discussion now is set for Sept. 22. The moratorium is set to expire Nov. 26, but the council has the authority to extend it another six months. A Hawks Prairie property owner has since sued the city over the moratorium.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.