AEC
Bellevue Advances Record $37MM Affordable Housing Investment Spanning 271 Units Across Four Projects
The City Council's largest single funding round draws from both the Housing Stability Program and a newly tapped Affordable Housing Fund to accelerate...
Berschauer Group Plans 50-Unit Residential Conversion of Tacoma Office-Parking Building
The Olympia-based general contractor filed pre-application documents for the conversion of a four-story structure at 1149 Market Street Fifty residential units are planned...
Seattle Emerges as Prime Target for TruAmerica’s $708MM Workforce Housing Push
Los Angeles-based investment manager eyes garden-style apartment communities in the Seattle metro as shrinking supply and rising renter demand converge As Los Angeles-based...
LIHI and PDA Open 45-Unit Olympic Hills Tiny House Village in Seattle’s Lake City Neighborhood
The enhanced shelter marks the first significant expansion of Seattle's shelter capacity in years, backed by $5.9 million in city funding and an...
Williams & Russell CDC and Adre Advance 20-Home Affordable Townhome Phase in North Portland
First phase of long-planned reparative housing project moves into construction, with completion targeted for Q1 2027 In North Portland’s Albina neighborhood, a long-discussed...
Tri-Cities Apartment Construction Surge Delivers More Than 1,500 Units, Easing Rents as Developers Test the Market’s Limits
A roughly 10 percent expansion in rental stock is bringing relief to tenants, but rising vacancies in newer properties and slowing absorption raise...
Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets
Mortenson's latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026...
Seattle Nonresidential Construction Costs Post Smallest Quarterly Gain Nationally at 0.3 Percent in Q4 2025
Competitive bidding, reduced activity in office and healthcare, and steady labor supply kept cost escalation at the low end of Mortenson's eight-market index ...
Habitat for Humanity Revives Stalled Othello Site to Build Permanently Affordable Townhomes Near Light Rail in South Seattle
The nonprofit homebuilder has taken over a 15,657-square-foot lot at 7001 42nd Ave. S., one block from Othello Station, pivoting a dormant market-rate...
Amazon-Backed Altaire Project Advances as SRM Development Plans 146-Unit Affordable Housing Community Near Mercer Slough in Bellevue
Phase II of the two-building development at 991 118th Ave SE targets households earning as low as 30 percent of Area Median Income,...
Heartland Markets 14-Acre Overlake Seritage Mixed-Use Development Site With 1.05MM Buildable SQFT in Redmond
Former Sears property near Microsoft's global headquarters comes to market with approved development agreement, completed environmental review, and more than $21 million in...
Seattle’s U District Posts 37.4 Million Annual Visits as Housing, Transit, and Small Business Investment Accelerate
A new economic report from the U District Partnership documents record foot traffic, a 47 percent population surge since 2010, a 27 percent...
