July 18th,2017 Yareton Investment & Management WA LLC was unanimously approved to develop a twin tower commercial mixed-use complex adjoining to Tacoma Convention & Trade Center, including a 24 –story 320 keys hotel tower, and a second 24-story tower 180 multifamily units and student apartments catering to UW Tacoma students. The two-tower complex is valued $160 million; ground breaking is schedule to be August 8, 2017.
In 2013, Yareton Investment & Management WA LLC , a Washington State Real Estate Developer obtained construction permit to begin construction process of developing a Starwood Hotel licensed “ Four Points by Sheraton Seattle Airport South”. This Yareton’s first upscale branded hotel is located at 22406 Pacific Highway South in Des Moines, Washington. It is about 3 miles south of Seattle – Tacoma International Airport, one of the west coast busiest airports. Developer is funding a portion of this hotel project through EB-5 visa program offered by the United States Citizen and Immigration Service. The 225 –room hotel, had its Grand Opening in early February 2016 and is now available for occupancy. Subsequently, the Four Points Sheraton Seattle Airport South has received glowing reviews and has been given high recommendations from its guests in just the first 2 weeks of opening to the public.
Tacoma Groundbreaking Ceremony