News

COVID-19: Insurance for Businesses and Events

The Washington State Department of Commerce has provided information on their website to assist businesses concerned about their insurance coverage for potential losses due to the COVI-19 virus.  Washington state business owners typically buy insurance coverage to protect themselves from potential losses. With the outbreak of a coronavirus (COVID-19), business owners may question if their…
March 5, 2020

Lacey Mid-Town: An Innovation District

One of the many effective tools of economic development is placemaking: creating an environment that is attractive, welcoming, engaging, and makes people want to gather. Many successful historic downtowns are examples of successful placemaking. Most of Lacey developed well after World War II, and was incorporated as a city in 1966: a time when most…
February 4, 2020

Lacey Celebrates 2019 & Looks Ahead to 2020

Lacey Celebrates 2019 & Looks Ahead to 2020 We are honored to have earned a spot on Money’s 2019 “100 Best Places to Live in America” list. To compile the ranking, Money looked at nearly 160,000 data points, including economic health, cost of living, ethnic and economic diversity, public education, income, health and safety, ease…
December 17, 2019

The next Business TuneUp Course begins September 12, 2019

The next Business TuneUp Course begins September 12, 2019 Does this sound like you? Your business has grown and you now have more work than you can handle, but also more problems to deal with. You work hard to get things under control only to have new issues develop. Your revenues have plateaued, but you…
August 19, 2019

Newest Traffic Counts Released

    Owners of many types of businesses rely on visibility from the street to help to promote their businesses. Not surprisingly, lease rates for locations with high visibility, measured by traffic counts, often command a premium over locations of similar quality, but lower traffic. To help business owners seeking a new location to determine…
April 4, 2019

Lacey’s Largest Employers

Who are the largest employers in the Lacey area?  The best answer comes from information that was recently updated by the Thurston Economic Development Council: the list of the largest employers in Thurston County. Not surprisingly, given Thurston County being the site of the state capital, state government makes up the single largest employer with…
December 21, 2018

Lacey Vacancy Rates Continue to Decline

    Lacey Vacancy Rates Continue to Decline Vacancy Rates 2Q 2018 2Q 2017 Change Type Vacancy Rate Vacancy Rate Vacancy Rate Industrial 1.6% 5.8% -4.2% Office 4.9% 9.0% -4.1% Retail 3.0% 3.8% -0.9% Total 2.9% 6.2% -3.3%   Year-over-year comparisons of Lacey’s industrial, office, and retail space show that vacancy rates continue to decline.…
August 3, 2018

Lacey’s Market Area Continues to Grow

  According to the recent update of demographic information on the City of Lacey’s stand-alone economic development website, locationlocationlacey.com, Lacey’s market area continues to grow. Many businesses prefer to look at the “drive-time” it takes customers to reach their businesses, rather than the actual distance traveled. The 30-minute drive time is especially popular, so the…
June 25, 2018

VETERANS GET SUPPORT TO START A BUSINESS IN LACEY

VETERANS GET SUPPORT TO START A BUSINESS IN LACEY LACEY, WA, January 2, 2018: The City of Lacey and the Thurston Economic Development Council (EDC) Center for Business Innovation support economic opportunities for Thurston County Veterans. The EDC Veterans Microenterprise Program, funded in part by a federal Community Development Block Grant, helps eligible Veterans living…
January 2, 2018

The City of Lacey Welcomes Entrepreneurs and the Unique Independent Businesses They Create!

The City of Lacey Welcomes Entrepreneurs and the Unique Independent Businesses They Create! New information has been added to the City of Lacey’s economic development website to foster the successful launch of food trucks, trailers, and carts.  The information is designed to help prospective food truck operators the information that they need to know to operate…
December 19, 2017
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