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PSE Draft Plan Pegs Washington Electric Rates to Climb 142% and Gas Rates 392% by 2050
The utility’s reference case for the 2027 Integrated System Plan warns of binding transmission constraints, unsolvable model runs and mounting affordability pressure for...
Amazon Clears 3.3MM SQFT From South Sound as Vacancy Climbs Toward 10%
One tenant is propping up first-half absorption while the rest of the Puget Sound industrial market waits out a costly, oversupplied cycle. Amazon...
Seattle Council Advances Upzone Package to Jumpstart Stalled Towers and Mass Timber Projects
The Housing Opportunities Program would lift heights in Belltown, exempt eco-friendly projects from design rules and shield qualifying buildings from SEPA appeals, with...
CoreWeave Incerases Downtown Bellevue Footprint to 36,000 SQFT, Extending the Eastside’s AI Boom
The Nvidia-backed cloud company expands at One Bellevue Center barely a year after planting its first Pacific Northwest flag, joining a wave of...
Puget Sound Office Market Notches First Positive Absorption in Four Years, Even as Layoffs Mount
Vacancy and availability declined simultaneously for the first time in the recovery cycle, but surging tech-sector cuts and a weakening labor market threaten...
Sound Transit Board Greenlights $34.5B ST3 Reset, Leaving Ballard Link in Limbo
A 16-2 vote prioritizes West Seattle and resurrects the Graham Street station, but the long-promised extension to Market Street remains unfunded as the...
Tarragon Doubles Down on Puyallup With 137-Home Phase II at Uplands, Backed by Lennar and Century Communities
The Seattle developer is using national buyer research to reshape its product mix at the 320-acre master-planned community as it courts builders and...
Sana’a Cafe Lands in Tacoma as Yemeni Coffee Chains Take Aim at Starbucks’ Home Turf
The Hayward, Calif.-based chain’s South Tacoma store is its only Pacific Northwest outpost — for now. With Haraz lining up Capitol Hill, Qamaria...
Eight-Story “The Hostess” Banner Lands on 9th & Thomas in Seattle’s South Lake Union Ahead of World Cup
The 36-by-111-foot work by Seattle artist Ernesto Ybarra marks the fifth large-scale banner installed on the Olson Kundig-designed building’s east façade since the...
$23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels
The 219-suite DoubleTree Suites Seattle Airport-Southcenter was transferred to special servicing on May 26, the latest 2016-vintage hotel mortgage to fail a refinancing...
Seattle Mayor Wilson, King County Executive Zahilay Push to Secure Graham Street Station in ST3 Plan
Seattle and King County leaders are betting a last-minute funding amendment can end 27 years of broken promises for a Rainier Valley transit...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...
