Shawna De La Rosa – Reporter, Puget Sound Business Journal
Corliss Management Group has completed the first of nearly 1,000 multifamily units planned for the Sunrise master-planned community in Puyallup’s South Hill area.
The developer has just opened the first two buildings at The Douglas at Sunrise, a 120-unit apartment complex that will include five buildings when completed. Each building has 24 units. At least three units have been leased.
Sumner-based Corliss is developing The Douglas in a joint venture with Schuur Brothers Construction of Puyallup. The 126,000-square-foot project will also have a clubhouse, gym and recreation center.
The Douglas currently lists one-, two- and three-bedroom units ranging from 730 to 1,113 square feet. Monthly rents start at $1,710 and top out at $2,545, though concessions are available for some units.
“Our family is thrilled to incorporate these apartment units into the master-planned community,” Eric Corliss, co-managing partner of Corliss, said in a news release. “With The Douglas, we aim to extend master-planned living to all stages of life — there’s something for everyone to live in and love at Sunrise.”
The project broke ground in June 2023 at 12004 179th St. Court E.
Corliss plans to develop the rest of the 1,467-acre community’s 1,000 multifamily units over the next three years.
It is partnering with a limited liability company linked to Schuur Brothers on a 64-unit complex currently under construction and a 400-unit complex that is in development and expected to start sometime in 2025 or early 2026.
Multifamily development is new to Corliss, which prior to this project focused on single-family homes. The fifth-generation family-owned business was launched in 1892 as a sand, gravel and mineral company but has always had a stake in real estate development.
At full build-out the Sunrise community will have 4,728 single-family and multifamily units, including condominiums, apartments and townhomes. Corliss had sold 3,000 lots to developers as of June 2023, with about 1,000 more in the development pipeline.
Nearby lots are owned by locally based Tarragon Property Services and Equus Capital Partners of Newtown Square, Pennsylvania, according to Pierce County records.