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

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

Other Washington Projects

The Jim Wiley Community Center involved the acquisition and rehabilitation of a 22,000 sq. ft. community center located in the heart of the Greenbridge HOPE VI redevelopment in White Center,
Construction of a new $20M 72,000 sq. ft. YMCA facility in Yakima, Washington.
NMTC financing brings supportive housing and job training to homeless individuals in Everett
NMTC financing supported a total of 61 new homes.