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The Thea Foss Waterway is a waterway running roughly north-south immediately east of downtown Tacoma, Washington. It is an inlet of Commencement Bay. As of 2010, planned development is underway along the waterway. When complete, the new development will feature parks, residential areas, and office space. A public esplanade will run along the length of the waterway. 7 of the 15 development sites are either constructed or have specific plans for redevelopment. The project is overseen by the Foss Waterway Development Authority Board (FWDA).  (Thea Foss Real Estate)

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