This is the construction status update for Bridge Point Tacoma 2M as of late May 2026. Four buildings on the former Kaiser Aluminum site in Tacoma’s Tideflats — here’s where each one stands in terms of construction progress, shell completion, tenant improvements, and pre-lease activity. If you’re tracking industrial development in Pierce County, this is your dashboard.
Project Overview
Bridge Development Partners‘ Bridge Point Tacoma 2M represents approximately 2.5 million square feet of modern Class A logistics space across four buildings on the remediated former Kaiser Aluminum smelter site along the Hylebos Waterway. The project is the largest speculative industrial development in Pierce County history and one of the largest on the West Coast in this development cycle.
Building A — The Anchor
Building A is the largest structure in the complex at approximately 1.1 million square feet. This is a cross-dock logistics facility designed for high-throughput distribution operations with 36’+ clear height, extensive dock positions on both sides, and trailer parking sufficient for major 3PL or e-commerce fulfillment operations.
Construction status: Building A’s shell is complete with the concrete tilt-up walls, steel structure, and roof system all in place. Site work including parking, truck courts, and stormwater management is substantially complete. Tenant improvement work depends on specific occupant requirements — the building is being marketed for single-tenant occupancy given its scale, though multi-tenant configurations are possible.
Pre-lease status: Given the confidential nature of active negotiations on buildings of this scale, specific tenant identity remains undisclosed. Buildings of this size typically transact with national or multinational logistics operators, major retailers, or 3PLs serving multiple client accounts.
Building B
Building B provides approximately 600,000 square feet of logistics space — sized for regional distribution operations, import/distribution companies, or multi-tenant occupancy with several tenants in the 100,000-300,000 SF range.
Construction status: Shell complete. The building features the same Class A specifications as Building A — modern clear heights, LED lighting, ESFR sprinkler systems, and contemporary dock configurations. Exterior landscaping and site improvements are in final stages.
Pre-lease status: Active marketing with reported strong interest from logistics tenants serving the Northwest Seaport Alliance gateway. Pierce County’s position as the primary industrial growth market in the Puget Sound region continues to drive inquiry activity.
Building C
Building C provides approximately 450,000 square feet — the mid-size option in the complex. This building type appeals to growing regional operators that have outgrown 100,000-200,000 SF facilities but don’t need the scale of Buildings A or B.
Construction status: Shell substantially complete. Final punch list items, site grading completion, and landscape installation in progress. The building is ready for or very near tenant improvement commencement upon lease execution.
Pre-lease status: This is the sweet spot size for the Pierce County market — large enough for meaningful operations but small enough that multiple qualified tenant prospects exist in the market at any given time. Competition for this size range is strong given limited new supply delivery of modern spec product.
Building D
Building D is the smallest in the complex at approximately 400,000 square feet, though “smallest” is relative — this is still a substantial logistics facility by any market standard.
Construction status: Shell complete. This building was among the first to finish construction given its relatively smaller scale. Site work and final improvements are complete or in final stages.
Pre-lease status: Buildings in this size range historically lease fastest in the Pierce County market because the tenant pool is deepest — growing companies, regional operations, and multi-facility operators all compete for 300,000-500,000 SF options.
Construction Timeline and Delivery
The overall construction timeline for Bridge Point Tacoma 2M began with site preparation and remediation completion, followed by vertical construction commencing in phases. The development has progressed through 2024-2026 with buildings delivered or delivering on a rolling basis as shell construction completes.
Tenant improvements typically require 3-6 months after lease execution depending on complexity (racking systems, specialized mechanical, office build-out requirements). Prospective tenants can expect occupancy within 4-8 months of signed lease for most configurations.
Market Position
Bridge Point Tacoma 2M is the defining project for Pierce County’s next era of industrial growth. It validates institutional capital’s confidence in the market, establishes a new standard for building quality in the submarket, and provides the large-format modern space that the Puget Sound logistics sector needs but has lacked south of King County.
The development’s success — measured by lease-up velocity and the caliber of tenants it attracts — will influence future development decisions across the Tideflats and broader Pierce County industrial corridor. Early indications suggest the market is absorbing this new supply at healthy rates, confirming the demand thesis that justified speculative development at this scale.
FAQ
How many buildings are in Bridge Point Tacoma 2M?
Four buildings totaling approximately 2.5 million square feet, ranging from approximately 400,000 SF (Building D) to 1.1 million SF (Building A).
What is the current construction status as of May 2026?
All four building shells are complete or substantially complete. Site work, landscaping, and final improvements are in various stages of completion across the complex. Buildings are ready for or approaching readiness for tenant improvement commencement.
What are the building clear heights?
All buildings feature 36’+ clear height — the modern Class A logistics standard required by contemporary distribution, e-commerce fulfillment, and 3PL operations that utilize high-bay racking systems.
How long from lease signing to occupancy?
Typical tenant improvement timelines run 3-6 months depending on complexity, putting total time from lease execution to occupancy at approximately 4-8 months for most configurations.
Who is the developer?
Bridge Development Partners, a Chicago-based firm and one of the largest private industrial real estate developers in the United States. Their commitment to speculative development at this scale in Tacoma reflects institutional confidence in Pierce County’s industrial market fundamentals.