The Greater Tacoma Regional Convention Center Public Facilities District (PFD) took center stage at the recent Economic Development Committee meeting, highlighting its crucial role in local infrastructure and economic growth. Established in 1999, the PFD is a municipal corporation and independent taxing authority designed to finance, construct, and operate the Greater Tacoma Convention Center, which opened its doors in 2004.

During the meeting, representatives emphasized the PFD's significance, noting that it is funded through a 0.033% sales tax rebate collected exclusively in Tacoma. This funding mechanism is vital for the ongoing operations and maintenance of the convention center, which serves as a key venue for events and gatherings, boosting local tourism and business.

The PFD initially included members from Tacoma, Fife, Lakewood, and University Place, with Pierce County joining shortly after. This collaborative effort underscores the importance of regional partnerships in fostering economic development.

As Tacoma continues to grow, the PFD remains a pivotal player in shaping the city's future, ensuring that the convention center can meet the demands of a vibrant community and attract visitors from beyond the region. The discussions at the meeting reaffirmed the commitment to leveraging this facility as a cornerstone for economic activity in Tacoma.