New waterfront hotel coming to former Asarco smelter site By: The Tacoma News Tribune e-mail this to a friend | print this article November 15, 2007 -- Silver Cloud Inns and Hotels, operator of Tacoma's only waterfront hotel, the Silver Cloud Inn in Old Town, will open a second waterfront hotel in 2010 on the site of the former Asarco copper smelter. Silver Cloud and Point Ruston LLC, the developer of the mixed-use residential, retail and commercial development on the smelter site, announced the hotel deal today. Silver Cloud prinicipal owner Jim Weymouth said the 150-room property will be the centerpiece of the Point Ruston development. Mike Cohen, Point Ruston's developer, said the hotel will fit well with the uses he plans to create on the 67-acre smelter property. "Silver Cloud makes an ideal partner for us – not only are they based here in the Northwests, but they have already proven their success in Tacoma," Cohen said. Silver Cloud's Old Town hotel has the highest average occupancy of any larger hotel property in Tacoma. Silver Cloud is based in Bellevue. The new hotel will feature an upscale restaurant, lounge conference and spa facilities. The hotel will face a plaza that it expected to attract three other restaurants in other buildings. The Point Ruston development is located partly in Tacoma and partly in Ruston on the northern end of the Ruston Way waterfront adjacent to Point Defiance Park. Cohen plans to build 800 to 1,000 condominiums, town homes and single-family homes on the site of the smelter, which closed down in 1985. More than 120,000 square feet of retail space are part of the Point Ruston plan. Cohen bought the site in 2006 and is continuing the site's environmental cleanup. The Asarco smelter used high-arsenic ore to produce copper and other metals. Some of that arsenic escaped in the plant emissions and settled on lawns and homes in the area. Asarco began cleaning up the yards in 1994. The Silver Cloud isn't the only new waterfront hotel scheduled to be built in Tacoma. The owners of a site near South 15th Street on the west side of the Thea Foss Waterway say they expect to break ground soon on their near-downtown boutique hotel. Related Links See the article. Fair Use Notice: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a "fair use" of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond "fair use", you must obtain permission from the copyright owner. NAVIGATE Who We Are Help GTLO Home Owners News Room Scientific Reports Calendar of Events Resources Maps Photo Gallery Hazardous Waste   NEWSLETTER Sign up for our FREE Newsletter info@gettheleadout.net | Disclaimer Help Get the Lead Out - Home Owners - News Room - Good Science Calendar of Events - Resources - Photo Gallery

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