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    Federal Way Performing Arts & Event Center

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    On stage - Federal Way Performing Arts & Event Center

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    "Before" - Federal Way Performing Arts & Event Center

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    "After" - Federal Way Performing Arts & Event Center

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    Theater Interior: Federal Way Performing Arts & Event Center

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    View to Stage: Federal Way Performing Arts & Event Center

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    View from Theater Balcony: Federal Way Performing Arts & Event Center

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    The View from Inside: Federal Way Performing Arts & Event Center

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    Checking out the catwalk: Federal Way Performing Arts & Event Center

Federal Way Performing Arts & Event Center

$9.5 Million NMTC Allocation Helps Create New Multi-Use Community Center

The Federal Way Performing Arts and Event Center (PAEC) is the essential first piece of a grand-scale plan to revitalize downtown Federal Way, WA. Development of a new Town Center, which began with PAEC, will also include a Native American Culinary Arts Institute and a mixture of office, retail, residential, and public space. Once complete, the new Federal Way Town Center will yield hundreds of jobs and provide critical services benefiting this low-income community.

Clearinghouse CDFI provided $9.5 million of NMTC allocation for the development of PAEC. Capital One was the NMTC investor.

Now open, PAEC features a 700-seat theater and a large meeting space for arts, cultural, educational, and other community activities. Over 45 full-time jobs were created.

"The Performing Arts & Event Center is so much more than just a building. It is an investment in our future that will provide new and exciting opportunities—making Federal Way the best place to live, work, and play."
- Jim Ferrell, Mayor, City of Federal Way
Financing Provided:
$9.5 Million of NMTC Allocation
Location:
Federal Way, WA
Impact:
Created 45+ full-time jobs
Provides job training, education, and cultural experiences in a low-income community
Purpose:
Create a multipurpose venue for theatrical, musical, dance, artistic & spoken-word performances in a 700-seat, two-tiered auditorium
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