AEC

3258 Articles

Construction Labor Costs Rise 3.8% Despite Broader Economic Cooling

Employment Cost Index shows construction bucking trend of moderating wage growth in Q3 The construction industry is charting its own course in the...

Commercial Real Estate Market Gains Momentum as Property Prices Rise 4.2 percent Year Over Year

Federal Reserve rate cuts drive $1.9 billion reduction in distressed properties, transaction volumes jump 13.2 percent year-to-date The commercial real estate market is...

Tacoma City Council Approves Tideflats Subarea Plan to Balance Growth, Environmental Restoration

On December 2, 2025, the Tacoma City Council approved the Tideflats Subarea Plan, a comprehensive strategy developed over seven years of collaboration between...

Sound Transit Selects Multi-Service Center and Shelter Resources to Develop 230 Units of Affordable Housing in Federal Way

Sound Transit has issued a notice of intent to award to Multi-Service Center (MSC) and Shelter Resources Inc. (SRI) to develop approximately 230...

American Capital Group Buys 115,555 SQFT Office Building in Redmond from Microsoft for $39MM with Plans for 641-Unit Apartment Complex

By The Registry Staff A decades-old Microsoft office building in Redmond has sold for $39 million, or about $338 per square foot, setting...

Seattle Microhousing Market Shows 92% Occupancy as Construction Pipeline Drops 48% Year Over Year

Average rents slip to $1,037 per unit while occupancy climbs from 91 percent, signaling potential rent growth as new supply dwindles to 691...

Bellevue’s Auto Row Transforms as American Capital Group Leads Wave of High-Density Housing for Transit Corridor

Bellevue-based company bets big on Wilburton neighborhood as city’s rezoning opens door to thousands of new apartments For decades, a stretch of 116th...

University of Washington’s New 36,000 SQFT Basketball Training Center is Completed

New Facility Raises the Bar for Athletic Performance Seattle, WA (December 12, 2025) – Gensler, in partnership with the University of Washington, Mortenson,...

Toll Brothers Posts Higher Revenue but Lower Margins as Backlog Shrinks and Builder Exits Multifamily Business

Luxury homebuilder ends FY25 with $10.84B in home-sales revenue and $1.35B in net income, while demand softens and backlog falls to $5.5B Toll...

Columbia Pacific Advisors Plans 1,193-Unit Mixed-Use Development in Bellevue’s BelRed District

121,041 SQFT lab research facility and seven residential towers proposed for 8.99-acre site at 13201 NE Spring Boulevard Bellevue’s BelRed neighborhood is positioned...

Rush Companies Files for 146-Unit Apartment Tower in Tacoma’s Stadium District

Gig Harbor developer’s $34 million project targets transit corridor near Wright Park with 157,000-square-foot building The Stadium District’s transformation from low-rise commercial to...

Seattle Condo Market Shows 2.9% Price Decline as High-Rise Values Buck Trend with 6.8% Gain

Tower properties command $972 per square foot while mid-rise and low-rise buildings experience year-over-year decreases Seattle’s condominium market demonstrates significant variation in performance...

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