Developer Plans Downtown Office/Retail Complex
By Steven Gardner, email@example.comNovember 11, 2005
Downtown Bremerton's ongoing face-lift could get another boost from a local developer who is considering an office-and-retail complex next to the Admiral Theatre.
Tim Ryan, owner of Tim Ryan Construction in Poulsbo, confirmed he's planning to build a structure that would add a combined 35,000 square feet of office and retail space on the corner of Sixth Street and Pacific Avenue.
Plans also call for 104 parking stalls in a garage, according to an e-mail Ryan sent to the Kitsap Sun. Ryan owns the property, which is the current home to Paul's Flowers and a handful of other small businesses.
Bremerton Mayor Cary Bozeman said the project would be huge for downtown.
"It really helps that corner and establishes what we call the core of downtown," he said.
Ryan's project would join Kitsap Credit Union, Hampton Inn and other downtown Bremerton construction and renovation projects financed primarily with private money.
"Tim has wanted to develop in downtown for many years. He's one of the local people committed to movement," said Gary Sexton, Bremerton's economic development director. "He's clearly responding to what he sees as the new Bremerton."
Ryan's e-mail indicated that two firms are submitting design estimates and that the company hopes to use someone local.
In addition to its proximity to the Admiral, the complex would be a block away from Dimension4's headquarters at Fifth Street and Pacific. The Navy software developer moved to Bremerton from Seattle earlier this year, bringing more than 100 employees to downtown.
The company's building was first subject to a $1 million renovation by a Seattle investment group.
Sexton said some office space is available downtown, but there's demand for the kind of project Ryan envisions. He called Ryan's project a "reaffirmation" of the city's future.
Meanwhile, public development continues, following the Norm Dicks Government Center and the Kitsap Conference Center.
A crane that appeared this week on the Bremerton shoreline near USS Turner Joy marks progress for the 78-unit, $42.5 million Harborside Condominium project. The Kitsap County Consolidated Housing Authority is the lead developer.
Funding is also in place for Harborside Park, which will be built between the ferry terminal and Puget Sound Naval Shipyard. The park will be paid for with city, state, federal and Navy money.