HERITAGE BANK OFFICE

Project Description

The Heritage Park Development Site is uniquely positioned for redevelopment with one of the last sizable assemblages of land in Downtown Olympia. With views of the trifecta: Capitol Lake, Washington State Capitol Building, and Budd Inlet, it surpasses any previously available properties.

On this site there is a 26,736 SF four-story building, 6,684 SF of which is leased by Heritage Bank with drive-thru. On the westernmost portion of the site there is 0.75 acres with two existing, outdated office buildings (7,128 SF and 6,490 SF) which will be turned into apartments.

Potential structured parking allows for a myriad of uses including apartments, government agencies, retail, or office. Located in an Opportunity Zone, there are substantial tax benefits available to developers.
This parcel in blue is the project site.