Development
Weyerhaeuser Campus Clash
The end may be in sight over the controversial redevelopment of the company's former property
This article is featured in the May/June issue of Seattle Business magazine. Subscribe here to access the print edition. An ambitious redevelopment project in Federal Way promises to create 3,100 family-wage jobs and $9.9 million in annual tax revenue. Detractors are vociferous in their opposition and come from groups and individuals across the country. In…
Seattle’s first carbon-positive building almost fully leased
The building features 244 solar panels, triple-pane windows, high-efficiency plumbing to reduce water waste
Inspire, an apartment building designed to be carbon-positive and energy-positive in Seattles Fremont neighborhood, is almost completely leased within six months of opening. The six floor, 42-unit building is 97% leased. The building opened in March the same week that Gov. Jay Inslee issued the state stay-at-home order. The building features 244 solar panels, triple-pane…
Seattle Ranks as a National Leader in High-Rise Apartment Development
High-rise residential development in Seattle has soared over the past decade, new study shows
Seattle is growing up, literally, when it comes to its housing market, ranking fourth among the 30 largest cities in the country in an assessment of cities with most high-rise apartment complexes built over the past decade, a recent RentCafe study shows. High-rise apartment buildings represented 9% of all new multifamily development in the city…
Office Development in Seattle Kicks Into High Gear in 2019
More than two dozen building projects are slated to be completed this year
Seattles office market is primed for a major growth spurt, with 26 projects encompassing some 6.4 million square feet of space slated to come online in 2019, according to a study by commercial real estate blog Commercial Cafe. By comparison, in 2018, Seattles office inventory expanded by 1.7 million square feet via six new projects,…