New Owner Vows to Transform Lakewood Colonial Center

A troubled Lakewood shopping center has a new future full of possibilities, according to the Tacoma News Tribune.

Lakewood Colonial Center on Bridgeport Way SW was recently purchased for $8 million at a foreclosure auction and developers have said they plan to remodel the old QFC grocery store, a 25,500-square-foot building that has sat vacant since April 2010.

Westwood Financial Corp., the LA-based company that now owns the site, told the TNT that possible tenants could be a new grocery store, or maybe a fabric shop or sporting goods store. The company would also consider building apartments on the site.

Any remodel would be in the spirit of the current building’s colonial theme, developers said.

and asked readers what kind of store they would like to see. Many suggested a new upscale grocery store, like Trader Joe's or Whole Foods. One reader even suggested an indoor play destination for kids.

What kind of business would you like to see in the former Lakewood QFC? Tell us in the comments.