2008 University Place Business Directory 2008_UPBD2 : 8

University Place...oUr Home! Between the shores of Puget Sound and the shadow of Mount Rainier lies the beautiful City of University Place, just five minutes from Tacoma and Lakewood. University Place is Pierce County’s ultimate destination for recreation and relaxation. Enjoy spectacular views of the Chambers Bay Golf Course from the expansive Soundview Trail or take a scenic stroll through the Curran Apple Orchard. Whether you’re seeking solitude in a peaceful park or a day out uptown, University Place is… THE PLACE! Why the Name “University Place”? In the late 1800s, it was proposed that a university be located and built in the community. However, financial worries and concerns eventually canceled any plans to build a university here. Nevertheless, the community became known as the “university place,” and the name stuck. A City is Born! Approximately 100 years after the University Place, Washington: Ranked number 12 overall and the top suburb in Pierce County in Seattle Business Monthly’s ‘Best Suburbs for Business’ community received its name, a movement began toward local government and local control. In November 1994 proponents succeeded in passing a ballot measure, which established 7.86 square miles of unincorporated Pierce County into the City of University Place. Council members were elected, an interim city manager selected, and start-up staff hired. This group, with the help of thousands of volunteer hours, transformed the dream of becoming a city into a reality. Official incorporation occurred on August 31, 1995. The Place. . .to live Where we are Whether you’ve lived here all your life or are just visiting, it’s clear that you’ve found a unique location, one that takes advantage of some of the best features in Washington State. With sweeping views of the Olympic Mountains over the expanse of Puget Sound to the west and stunning visions of Mount Rainier and the Cascades to the east, University Place lies amid the natural wonders of the Northwest. It is positioned just south and west of the burgeoning city of Tacoma, and 40 minutes from Downtown Seattle. A two-hour drive south will put you in historic Portland, Oregon. Who we are University Place is home to people from all walks of life, providing flavor and interest as a community. Within the last year the City’s population was estimated at 31,300, with an average residential value of $310,102 and a median household annual income of $50,287. Additional demographics below are taken from the 2000 census: Quality education is one of the most cited reasons for relocating to University Place. The University Place School District has a 96 percent graduation rate. The junior and senior high schools are recipients of the Department of Education’s National Blue Ribbon Award 8

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