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Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.
C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.
John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.
Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.
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The oft-postponed Foss Waterway hotel project has been granted yet another delay by the Thea Foss Waterway Development Authority.
Authority board members granted the request setting the deadline for a construction start to the mixed-use project on the near-downtown Tacoma waterway at the request of principal developer Robert Thurston. The new deadline is August 29.
In a letter to the authority board, Thurston, owner of Seattle's Inn at the Market, said changing market conditions have forced his group to once again readjust the building's design.
"The condo-for-sale market has been dramatically and detrimentally impacted," Thurston told the authority. "The realistically achievable margin on sales of the condo units has made this portion of the project no longer viable. As a result, our primary equity partner in the project became increasingly concerned about the condominium risk, requiring that the projet either be abandoned or reconfigured."
Thurston said the previous plan to build a 101-room hotel topped by 22 condo units has given way to a new plan for a building with 160 hotel rooms and six penthouse condo units.
Thurston said his group has secured permits for the new structure and West LB, the project's banker, is still committed. Developers need extra time, however, to present the revised plans to potential equity partners for their approval.
The latest delay, approved late last week, is the latest in a series of postponements that began four years ago with the project. The original concept for the site, just south of the Esplanade condo project near the South 15th Street Bridge over the BNSF tracks, was an all-hotel project.
Developers shifted to a mixed-use condo-hotel project when the condo market took off, and now they're back to a mostly-hotel project.
If the developers don't meet the August deadline, the authority may buy back the property at the original selling price. The authority would receive whatever permits the developers had sought at no additional cost.
