Economic Development

GatewaySignCity staff understands that your time is valuable and that your business decisions are critical.  We work hard to ensure that the services you receive, from the initial inquiry and permitting to building permit final inspection, are efficient and predictable.  We appreciate the applicant’s desire to invest in Edgewood and strive to help find solutions that work both for applicants and the community.

This page has been developed to help you in the initial stages of your decision making process to bring your business to Edgewood and to become more familiar with our community.  We welcome you to join us and to participate in creating a new,

Why Edgewood?

Room to Grow . . .

While surrounding cities are heavily developed, Edgewood is a golden opportunity for new development due to the large parcels and availability of vacant land.  In the City's commercial zone along the Meridian Corridor alone there are 345 acres, with approximately 250 acres available for development.  More than 1/3 of this area has been set aside for the development of the Town Center.  In addition, there are 60 acres of zoned commercial land and another 100 acres for new residential units.

Although Edgewood is thought of as a small town even by its residents, Edgewood is actually one of the larger cities in Pierce County with a population of more than 9,600 residents and an area spanning almost 9 square miles.  The average residential  lot size is roughly 1/2 acre, which provides open space and land for raising livestock and large home gardens. 

Unique Tax Benefit . . .

The City of Edgewood does not have a Business and Occupation ( B & O ) tax.

The City of Edgewood has never charged a B&O tax.  The result?  An immediate cost savings benefit to Edgewood business owners.

Diverse Development Opportunities Abound . . .

With 8 different (non-public) zoning categories located within the sewer Local Improvement District (LID No. 1) boundaries along the Meridian Corridor, the variety of commercial and residential  possibilities makes it easy to find the perfect location for your development or business.

Zoning along the corridor includes Town Center, Commercial, Business Park, Mixed Use Residential,  Single-Family High Density (5 du/acre), Single-Family Moderate Density (3 du/acre),  and Mixed Residential Moderate Density.  See the Sewer Project LID No. 1 Zoning Map for more detailed information regarding zoning as it relates to sewer availability and Edgewood Municipal Code Title 18 - Development Standards for more information.  Whether you are relocating, developing new property or expanding your existing business, Edgewood has many opportunities to accommodate your needs.

Why Edgewood is Underdeveloped . . .

Edgewood incorporated in February 1996. At that time there was no sewer infrastructure within the City limits, which severely limited property owners' ability to achieve the full and best use of their land.  Most have been waiting for the installation and connection to a sewer system prior to allowing development to achieve higher density.  This landmark achievement was accomplished in Spring of 2011.

There is strong support from Meridian Corridor property owners and local elected officials to advance growth and commercial development in the City.  The first connections to the new sewer system were made available during the 2nd quarter of 2011.  This paved the way for development to begin - the first new commercial business to be constructed after the sewer infrastructure was installed was a Les Schwab store on Meridian.

Location, location, location . . .

Meridian Avenue East (SR 161) is a regional corridor within the heart of the emerging development market in northern Pierce County.  The Meridian Corridor runs north/south through the center of the City, is well-traveled, easily accessible from I-5 and SR 167, and is currently boasting 20,000 daily trips.  These numbers are projected to increase by 25% in the next 5 to 6 years.

At final build out, the Meridian Corridor will offer more than 4 miles of new arterial frontage with the addition of a planned parallel north-south route located east and west of the corridor.  The addition of these roads increases the amount of prime commercial real estate and expands the diversity in development. 

Timely and Straight Forward Permitting . . .

Edgewood staff prides themselves on delivering outstanding, friendly customer-oriented service.  From your first inquiry to the final inspection on a project, staff is committed to making your experience as fast and easy as possible.  See what our customers are saying about their projects and experience with Edgewood staff.

Rather than finding reasons why your development can't work, our approach is to find ways to help your project become a reality within the limits of the codes and regulations in place.  Open lines of communication, the right information at the right time and honesty are the keys to success.  You can expect nothing less when working with Edgewood's knowledgeable staff.  We know that your time is valuable and that your project is an important one - that's why we work hard to help you through the process as quickly and smoothly as possible.

Affluent Community . . .

Edgewood has become a premiere residential location for higher income families.  Edgewood's median household income is approximately $70,000, which is significantly higher than that for Pierce County, and almost all other cities within the country.  The median home value is approximately $350,000.  At this time there are very few services and retail options for these residents, who must travel outside the City for entertainment, dining, business, medical care and most retail services.

HOUSEHOLD INCOME:  Edgewood's three highest income brackets are (24%) between $50,000 and $74,000; (20%) between $75,000 and $99,999; and (18%) between $100,000 to $149,999.  It is projected that by 2015, 25% of Edgewood residents will have an income of $100,000 to $149,999.

AGE: The 3 largest age brackets in the City consist of 17% between 45 and 54; 15% between 55 and 64; and 13% between 35 and 44 years of age.

HOUSEHOLD STATS:  The average home in Edgewood is valued at approximately $350,000 - many are valued over $1,000,000.  72% of the homes in Edgewood are owner-occupied.  The average family size is 2.98.   Of Edgewood residents 25 years of age and older, 18.9% hold a Bachelor's degree.  62% of residents are married.  61% of the population are "white collar" workers.

CONSUMER SPENDING DATA:  The 2010 consumer spending data*  shows the amount spent on a variety of goods and services by households that reside in the Edgewood area.  Expenditures are shown by broad budget categories that are not mutually exclusive.  Click to see data.
* Consumer spending does not equal business revenue.

Merging Edgewood's Past with its Future . . .

Edgewood's rural heritage has always been important to its citizens and community leaders.  Elements of this heritage have been used in the design of the planned Town Center and Meridian Commercial Corridor amenities.  

Edgewood's unique heritage has driven the planning of the City's Town Center, which is the heart of Edgewood, along the Meridian Corridor.  Many attributes of the planned Town Center will be designed to incorporate subtle nuances on the windmill theme to perpetuate Edgewood's rural heritage. 

The Civic Center building is located in the Town Center and was designed to capture the rural culture by incorporating barn like features with a modern flare.  A barn estimated to have been constructed the 1920's era is located on the Civic Center property and will remain as a reminder that Edgewood was founded on agriculture.  The City's landmark and logo are centered around a windmill that was used on the Nyholm farm which belonged to of one of the City's founding fathers. Plans are being laid to move the landmark Nyholm Windmill across Meridian to the the Civic Center property.  Although rural at heart, the Edgewood community is ready to embrace new development along itscommercial corridor.

Residents appreciate Edgewood's central location to the major metropolitan cities while enjoying a lifestyle that has been coined as "Rurban", a mixture of rural and urban.  The community enjoys the pastoral scenery and embraces it's agricultural heritage.  

If the information you were looking for was not found here, please let us know so that we can improve our page to better serve our customers.