Morrier Hotel

The construction of the Morrier Hotel is expected to help revitalize the City’s downtown by attracting tourists and new customers to nearby businesses.

Investment

  • NMTC Amount: $6,709,977
  • Total Project Cost: $12,000,000

IMPACT

  • 190 FTE jobs
  • 100 construction jobs
  • 86,100 sq. ft. of real estate

Investor

Project Description

Located on City land, the construction of the Morrier Hotel is expected to help revitalize the City’s downtown by attracting tourists and new customers to nearby businesses. This modern hotel with meeting facilities is the first hotel development in the area within the last 25 years. Several local small businesses located on the ground floor of the hotel were offered reduced rents. In addition to NDC’s NMTC investment, the hotel received a loan through the City of Yakima to make the 86,100 sq. ft. deal a reality.

MAP

Address: 399 East Yakima Avenue, Yakima, WA 98901

Census Tract: 53077000100

Other Washington Projects

This project supports the development of a new multi-purpose YMCA community facility that will significantly expand its services and outreach in the low-income community it serves.
NDC’s investment helped finance the construction of a new Medical Arts Pavilion, which is part of a larger project to improve their ability to bring vital medical facilities to residents
Education and work force training space centered around health services and other non profit space.
Finances the expansion of a 40,000-sq. ft. community facility designated as a Federally Qualified Health Center.