Federal Way Performing Arts Center

New Markets Tax Credit Coalition

Federal Way,
WA
(2017)

Federal Way Performing Arts Center

Construction of a performing arts center and meeting space.

Investment

NMTC Amount: $9,310,000
Total Project Cost: $20,200,250

IMPACT

45 FTE jobs
213 construction jobs

CDEs

Clearinghouse CDFI

Project Description

The Federal Way Performing Arts and Event Center (PAEC) is the essential first piece of a grand-scale plan to revitalize downtown Federal Way, WA.

Development of a new Town Center, which began with PAEC, also included a Native American Culinary Arts Institute and a mixture of office, retail, residential, and public space.

The new Federal Way Town Center created hundreds of jobs and provide critical services benefiting this low-income community. Now open, PAEC features a 700-seat theater and a large meeting space for arts, cultural, educational, and other community activities. Over 45 full-time jobs were created.

MAP

Address: 33325 Eighth Avenue South, Federal Way, WA 98063

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