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Seattle Ranks as Nation’s No. 3 AI Metro in Hubble Study as Tech Tenants Anchor Puget Sound Office Recovery

Hubble’s new ranking of the most AI-ready U.S. metros names Seattle the country’s third-strongest AI hub and the highest-scoring market outside the Bay...

Issaquah Pivots to Small-Scale Road Fixes, Sidelines $110MM I-90 Crossing in Six-Year Transportation Plan

Facing constrained revenue and resident pressure over congestion, Issaquah’s City Council approved a six-year transportation plan that elevates low-cost intersection and bridge fixes...

Bellevue Drafts Plans to Convert Eastgate and Factoria’s Aging Office and Retail Cores into Walkable Mixed-Use Districts

Bellevue has published draft neighborhood area plans for Eastgate and Factoria that would steer two of the Eastside’s most car-dependent commercial submarkets toward...

Greater Puget Sound Industrial Market Logs Negative 1.7MM-SQFT Absorption as Vacancy Settles Near 10 Percent

The Greater Puget Sound industrial market spent the past 12 months hunting for equilibrium, recording negative 1.7 million square feet of net absorption...

Seattle Construction Costs Rising at One-Third the National Rate in Q1 2026

Mortenson’s Q1 2026 Cost Index reveals a market where contractor competition is doing what supply chains alone cannot — keeping a lid on...

Downtown Seattle Association Report Blames JumpStart Payroll Tax for Downtown’s Decline as Backers Defend $388MM Revenue Engine

A new Downtown Seattle Association report argues that Seattle’s five-year-old JumpStart payroll tax has helped push jobs, employers and office value across Lake...

Sound Transit Defers Ballard Light Rail Indefinitely as $35 Billion Shortfall Reshapes ST3 Buildout

Sound Transit’s board has adopted a sweeping realignment of its voter-approved 2016 expansion plan, protecting the Everett-to-Tacoma spine while indefinitely deferring the Ballard...

Goldman Sachs Teams With Apex, Archax on Blockchain-Native Fund Targeting European Residential Real Estate

Goldman Sachs has joined forces with fund servicing giant Apex Group, digital securities exchange Archax, London-based investment manager LRC Group and interoperability provider...

Seattle Light Rail Tops U.S. Ridership in April as East Link Opening Reshapes Eastside Development Map

Sound Transit’s light rail network carried more riders in April than any other light rail system in the country, a record run that...

Lennar Trims Buyer Incentives for First Time in Three Years as Tech Job Jitters, Data Center Boom Reshape Northwest Housing Math

Lennar’s second-quarter results showed sales incentives falling for the first time in three years, a tentative sign of margin recovery that arrives as...

Goldman Sachs Strategist Warns Drained Oil Inventories Will Keep Prices Elevated Long After Hormuz Reopens

A sharp drawdown in global oil inventories has left the market without its usual shock absorber, and Goldman Sachs strategist Ephraim Sutherland says...

Wells Fargo: Fed Poised for Extended Hold as Warsh Era Opens Amid Sticky Inflation

Wells Fargo economists expect the Federal Reserve to sit on the sidelines for an extended period as new Chair Kevin Warsh takes the...

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