aerial shot of Lakewood with Mount Rainier in the background

Economic Development

Lakewood has great infrastructure, highway access, simple permitting, available industrial properties, and development incentives. Lakewood is also a wholesome place to live with great schools and vibrant culture. Lakewood is a great place for big businesses, small businesses, and workers.

Becky Newton
Economic Development Manager
6000 Main St. SW, 3rd Floor
Lakewood, WA 98499
(253) 983-7738

Email: BNewton
To email Becky Newton add her email handle before @cityoflakewood.us

Phones & Email:
Monday to Friday: 8:30 a.m. to 5:00 p.m.

Permit and Service Counter
Monday to Friday: 9:00 a.m. to 3:00 p.m.

Announcements
Current Projects
Editorial Column
Common Questions
Economic Reports
Important Links

Announcements

April 12, 2024
The April 2024: 2021 International Building Code Amendments edition of the Lakewood Economic Development editorial column is now available.

The April, 2024 edition of the Lakewood Economic Development editorial column is now available. View the April 2024 Editorial Column (PDF).

April 10, 2024
The Q1 2024 Lakewood Permit Report is now available

The Lakewood Permit Report is now updated for Q1 2024. The permit report includes all major permit activity, new constructions, and proposed projects for Q1 2024. View the permit report here (PDF).

March 14, 2024
The Economic Update presentation to the Lakewood Chamber of Commerce is now available

Economic Development Manager, Becky Newton gave a presentation to the Lakewood Chamber of Commerce. The presentation is available here (PDF).

March 11, 2024
The 2023 Annual Lakewood Permit Report is now available

The Annual Lakewood Permit Report is now updated for 2023. The annual permit report includes all major permit activity, new constructions, and proposed projects for 2023. View the 2023 Annual Permit Report (PDF).


Current Projects

Business Retention & Expansion

Our Business Retention and Expansion (BRE) program is designed to:

  1. Retain or keep existing businesses in the community; and
  2. Provide assistance for existing businesses to expand.

BRE is applicable to all businesses in the community, from small mom-and-pop shops to large national employers and all industries, particularly trade-based or primary companies that bring in new dollars to the city, county, and state.

BRE and business attraction go hand in hand when developing a community. The City of Lakewood has three retail trade areas:

  • Lakewood Towne Center
  • International District
  • Pacific Highway Transit-Oriented Commercial area on Pacific Highway adjacent to I-5.

Lakewood has a large industrial park and additional industrial lands available for development. Opportunities are abundant and many properties are ripe for redevelopment.

Lakewood has a wide range of affordable to high-end residential offerings. The City is focused on increasing the variety of living spaces such as live-work units, mixed residential, garden style living communities, and middle market homes.

View the Economic Vitality Strategy (PDF) for information on our target areas for development.

You can view more Business Retention reports below.


Editorial Column

All files below are in PDF format.


Common Questions

Business Questions

How do I start a Business in Lakewood?

Does Lakewood offer business incentives?

Permit Questions

How do I get a permit in Lakewood?

How long does it take to get a permit?

Building and Property Questions

What can I do with my property in Lakewood?

Why do some properties remain vacant?

  • Long-term vacant properties can happen for several reasons:
    • Contamination on the site
    • Legal issues complicating a sale or redevelopment effort
    • Owner is holding out for a price well above market value
    • Ground characteristics making site development problematic
    • Building code issues that are cost prohibitive to come into compliance

How do I get a grant or government contract in Lakewood?


Economic Reports

All documents below are in PDF format.

Department Reports & Plans

Permit Reports

Demographics Reports

Business Retention & Expansion Reports


Community DevelopmentDevelopment Services
Long-Range PlanningDeveloping in Lakewood