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ECONOMIC DEVELOPMENT
The Executive Department, in cooperation with the Community Development Department, coordinates the Economic Development activities of the City to strengthen the Bonney Lake economy, create a more business-friendly environment, and add commercial amenities for residents and visitors to enjoy. If you’re thinking of opening a business in Bonney Lake, contact our Executive Assistant to be your guide at City Hall.
Available City Economic Development services include:
¤ Building and site selection assistance
¤ Business recruitment & retention strategies
¤ Interdepartmental coordination and follow-up on questions or concerns
¤ Public relations regarding business and economic development issues
For news about the City of Bonney Lake in general, check out our City newsletter, the Bonney Lake Reporter.
Economic Activity around the City
 Most of the economic activity in Bonney Lake is located along the State Route 410 corridor. For discussion and planning purposes, the City has divided the commercial sector of the City into three (3) major activity areas: Downtown, Midtown, and Eastown. Downtown is occasionally referred to as Old Town, as it was the initial commercial center developed in the City.
Downtown
Downtown is generally described as that area along SR 410 from from the western edge of the City at Meyers Road to Fennel Creek past Main St E (formally 184th Ave E). Downtown is the original commercial center of the City and serves as the western gateway to the present day City limits. A downtown redevelopment concept plan was prepared for the area in 2001, entitled the “Strategic Commercial District Plan”. It was updated in 2007. The Downtown area serves as a civic center of the city, with the existing park and ride lot, post office, public safety building, city hall annex and library as anchors. It was envisioned that a new city hall and/or community center will also be built in Downtown to further solidify it as the civic center of the City. The principal business anchor on the north side of SR410 in the Downtown area is the Grocery Outlet. The south side is anchored by the Rainier Office Building.
Learn about and download the Downtown Plan by visiting our Downtown Plan page.
MidtownMidtown is generally described as that area along SR 410 from Fennel Creek (192nd Ave E) to 214th Ave E. Midtown is developed on both the north and south sides of SR 410, and includes several retail stores including Wal-Mart, Office Depot, Albertson’s, Target, Safeway, Fred Meyer and Regal Cinemas. Midtown also includes the WSU Forest area, which is currently owned by Washington State University.
Eastown
Eastown is generally described as that area along SR 410 from 214th Ave E to 234th Ave E. Eastown is generally developed at its western edge. The City’s most significant commercial development opportunity lies in the portion of Eastown running along SR 410 from East 214th to East 234th. However, sewer service has not been extended to much of this section of Eastown.
In 2005 the City of Bonney Lake incorporated an Eastown Subarea Plan with the City's Comprehensive Plan to determine how to best complete the Eastown infrastructure, including sewer and road circulation. The plan calls for a frontage road system to be developed to achieve the highest and best use of the property. Learn more about and download the Eastown Subarea Plan by visiting our Eastown Plan page.
Frequently Asked Questions
Does the City of Bonney Lake have a Business & Occupation Tax?
No, there is no B&O Tax in Bonney Lake.
What is the Sales Tax Rate in the City of Bonney Lake?
The 2009 Sales & Use Tax Rate for the City of Bonney Lake is 9.3%.
2009 Tax Rate Increase: On April 1, 2009 the Regional Transit Authority (RTA) Tax increased five-tenths of one percent (.005) to a total of nine-tenths of one percent (.009). The tax increase will be used to expand and coordinate light-rail, commuter-rail, and express bus service, and improve access to transit facilities in King, Pierce, and Snohomish Counties. Please click here for more information.
For general information on Sales and Use Taxes and rates, please see the Department of Revenue's website: http://dor.wa.gov/content/FindTaxesAndRates/
Is there a list of commercial space available?
The City works closely with the Bonney Lake Chamber of Commerce and local commercial property managers to monitor retail and commercial vacancies and actively works to recruit tenants that are in line with community needs. For help locating available space (including those not represented by realtors), contact our Executive Assistant.
Where can I get demographic information about Bonney Lake?
Download the City’s Economic Profile (1.14 M). This 16-page profile contains a variety of economic and census data, including population and demographic figures. You can also download a brief 2 page Community Profile (66 K).
What's happening in economic development at the regional level?
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