Office parks · Washington
629 Woodland
Office-to-housing conversion underway in Lacey, WA, with 49 apartments confirmed, approved 2023, near South Sound Center. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from.
Site profile4 elements · what this retrofit is built with · tap a chip for the evidence
Sold since 2020
This site: 2021 MJR Development research-deals · all sites with thisCounty typical rent $2,000+
This site: $2,043/mo zillow · all sites with thisRedeveloped
This site: 49 apartments record · all sites with thisHousing
This site: 49 apartments Approved by city. newtypes-extraction · all sites with thisNow
| Status | Retrofit builtWikipedia |
|---|---|
| Strategy | RedevelopedWikipedia |
| New uses | housingWikipedia |
| What is there now | 49 apartmentsnewtypes-extraction |
| Redeveloper | MJR Developmentnewtypes-extraction |
Planning
| Entitlement year | 2023Wikipedia |
|---|---|
| Planning notes | Approved by city.Wikipedia |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2021 | Sold | $2.0M closed | MJR Development | exxelpacific.com |
Site context
| Housing permits, Thurston County (WA), 2024 | 508 units in 5+ unit buildings, 42 in 2–4, 672 single-family; 2023: 667 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 2 within 10 km, 2 within 25 km: South Sound Center (0.8 km); Views on 5th Project (5.2 km)computed |
| Retail trade in the county, 2012 to 2023 | 767 establishments (-0%); 13,568 jobs (+13%)Census CBP |
| Housing market in the county | typical home value $521,378 (+0% 1 yr, +11% 5 yr); typical rent $2,043/mo (+2% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 29,021 vehicles a day on College St NE (WA16S) (principal arterial, 4 lanes); 5,568 trucks; 34 counted segmentsFHWA HPMS |
Summary, model-written
629 Woodland in Lacey, WA, was built as an office building in 1987. MJR Development acquired it in 2021 for $2M and redeveloped it into housing. Construction is underway (status: built), with 49 apartments noted in after_notes. Approved by city in 2023, it sits 0.8km from operating South Sound Center mall. Housing market data shows median rent at $1,634. No further details on project scale beyond the 49-unit note.
Why. Record confirms active redevelopment (not a future opportunity), with construction approved and underway. Context shows proximity to existing retail and housing market data. No missing facts to infer; all details sourced from provided record.
Where it stands. Currently under development as housing, with no additional project details beyond 49 units and 2023 approval.
For a planner
- Proximity to South Sound Center (0.8km) and housing market context provided.
For a developer
- Active project with 2023 approval, $2M acquisition, 49-unit housing outcome.
What we do not know yet
- Exact project size beyond 49 units unknown; permit data shows larger unit counts (672 units in 2024) but no link to this site.
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Totem Lake Mall, Kirkland, WA · Malls · same strategy: redevelop; also in WA
- Kirkland Parkplace, Kirkland, WA · Malls · same strategy: redevelop; also in WA
- Lakewood Mall, Lakewood, WA · Malls · same strategy: redevelop; also in WA; 27 km away
- South Sound Center, Lacey, WA · Malls · same strategy: redevelop; also in WA; 1 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- retrofit already built
- already in play: under construction, approved, or sold to a developer with housing plans
- county grew 8.0% 2018–23
- median rent $1,634
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Original developer | Capital Development Co.newtypes-extraction |
|---|---|
| County | Thurston County |
| Census division | 9 · Pacific |
| Notes | Draft from exxelpacific.com, model-extracted, unreviewed: A 1987 four-story office building in Lacey, Washington, was redeveloped into 49 apartments. |
Not yet recorded: acres, GLA, year opened, retrofit year. Know it? Tell us.
Timeline
- 1987 built as office building
- 2021 acquired by MJR Development
- 2023 preliminary approval granted
Sources
- Old offices to become 49 apartments in Lacey - Exxel Pacific
4 quoted sentences
629 Woodland
a four-story office building from 1987 is part of the larger 14-building Hub at Lacey office park.
Per Thurston County records, MJR acquired the building for $2 million in a 2021 foreclosure sale.
The city granted preliminary approval for the scheme in late 2023.
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