AEC

3632 Articles

Formation Report Points Seattle to Austin’s Upzoning as the Fix for Its Housing-Cost Premium

Formation's assessment of Seattle's economy holds up Austin, which added 120,000 homes and watched rents fall after cutting lot sizes and upzoning, as...

Terrene Homes Affiliate Buys 7.56-Acre Land Assemblage in Sammamish for $16.7MM

The purchase consolidates four separate Ruby family LLCs — each tied to an individual parcel — into a single closing A four-parcel home...

Farmland In, Chapels Out: The Mormon Church’s Two-Front Real Estate Play Across Washington

While the Church of Jesus Christ of Latter-day Saints plants capital for generations in the Columbia Basin, where it outbid Bill Gates for...

Russell Square, Jackson Square Complete 570-Unit Highlands at Silverdale

The Seattle and San Francisco developers bring a 26-acre bluff-top project to full completion, adding the largest new supply in years to a...

Three International Teams Advance in Portland’s $40MM Waterfront Park Redesign

Portland Parks & Recreation has narrowed a global field of more than 150 firms to three finalist teams competing to reimagine Governor Tom...

Scannell Properties Pays $11.8MM for Shovel-Ready Emerald Logistics Site in Auburn

Indianapolis-based Scannell Properties has bought a fully entitled industrial site in Auburn that its previous owner spent years preparing for exactly this kind...

Seattle Revives MHA Fee Break of Up to 80% to Jump-Start 5,672 Stalled Housing Units

Two months after a nearly identical deal collapsed, Councilmember Dionne Foster has reintroduced a Mandatory Housing Affordability fee reduction — now branded the...

Tacoma’s Historic Union Station Courthouse Slated for $79MM Federal Renovation Beginning Late 2027

Federal officials are pressing ahead with a comprehensive overhaul of Tacoma's century-old Union Station courthouse, with construction on seismic and building-systems upgrades scheduled...

Amazon Files to Add Prime Air Drone Delivery Center at North Portland Fulfillment Hub

Amazon has asked Portland's permitting bureau to sign off on a Prime Air drone delivery hub at its North Portland fulfillment building, a...

Formation Report Hands Seattle a Real Estate Playbook: Public Land, Bonding and Hard-Tech Hubs

Formation's assessment of Seattle's economy lays out a development agenda built on public land and municipal bonding capacity, pointing to New York's BATWorks...

Oregon and Washington Host 139 Data Centers and 6,444 MW, but Texas Is Winning the Next Wave

The Pacific Northwest built one of the nation's largest data-center footprints on cheap hydropower, but new figures show Oregon and Washington capturing only...

Kaiser Permanente to More Than Double Capitol Hill Hospital Beds by 2027, Plans New Urgent Care in Everett

Kaiser Permanente is adding inpatient capacity at its flagship Seattle hospital and a new urgent care department in Everett, a pair of investments...

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