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Seattle, City view of Seattle, top view of downtown Seattle skyline in Seattle Washington, USA
CommercialFeaturedIndustry News

Businesses Now Carry 68% of Seattle’s $2.8B Tax Bill as City Sheds 24,000 Jobs, DSA-Chamber Study Finds

A new ECOnorthwest analysis commissioned by the Downtown Seattle Association and the Seattle Metropolitan Chamber of Commerce finds the city’s tax collections have...

date and information on a computer screen
AECIndustrialIndustry NewsPortland

Copia Power Seeks 106 Acres of BLM Land Near Hermiston for Oregon’s First Federal-Land Data Center

Copia Power, the Carlyle-founded energy and data center developer that EQT bought this summer, has filed to build a data center and battery...

Morning fog over Willamette River
CommercialFeaturedIndustry NewsPortland

Willamette River Recreation Generates $311MM in Annual Economic Value, ECOnorthwest Study Finds

A new ECOnorthwest analysis presented to Portland civic and business leaders quantifies the Willamette River's recreational economy for the first time, valuing it...

Aerial view of Tacoma
AECFeaturedIndustry NewsResidential

Tacoma’s Missing Middle Bet Pays Off: Permits Jump 39%, Units Surge 62% in First Year of Rezone

Home In Tacoma is producing density gains even as building permits across the broader Seattle-Tacoma-Bellevue region fall 17.3 percent year-over-year — a divergence...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
CommercialIndustry NewsPortlandResidential

Portland City Council Explores Vacancy Fee on Landlords as Downtown Struggles With Record-High Empty Space

Councilors have commissioned a $62,520 study to explore how a long-term vacancy fee might be structured The Portland City Council is exploring whether...

portland skyline with bridges
AECHospitalityIndustry NewsPortland

McMenamins Unveils Plan to Convert Historic 37,000 SQFT Taft Hotel Into 63-Room Boutique Hotel in Downtown Portland

The Pacific Northwest hospitality chain aims to link the 1907 building to the Crystal Ballroom via skybridge, creating an interconnected West End entertainment...

Portland Oregon old town sign on a building
AECFeaturedIndustry NewsPortlandResidential

Abandoned 148-Unit Burnside Project Underscores Portland’s Worst Construction Drought in 15 Years

A developer's decision to walk away from a five-story apartment complex on East Burnside Street reflects the financial headwinds stalling residential development citywide,...

Skyline of Portland
AECFeaturedIndustry NewsPortlandResidential

Portland City Council Unanimously Approves Zoning Map Changes on 19 Nonprofit-Owned Sites to Accelerate Affordable Housing

The Affordable Housing Opportunities Project removes zoning barriers on properties owned by public agencies and nonprofit housing providers, arriving amid a sharp decline...

Skyline of Portland, Oregon
AECCommercialFinanceIndustry NewsPortlandResidential

Portland’s 1803 Fund Commits $70MM to Albina District Redevelopment

Acquisition of grain terminal and Low End properties targets economic renewal in historically Black neighborhood Portland-based 1803 Fund has announced a nearly $70...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
CommercialFeaturedHospitalityIndustry NewsPortlandResidentialRetail

Portland’s Downtown Dilemma: Modest Gains Mask Deeper Challenges

The Rose City's central district shows life, but competing data reveals a recovery more fragmented than many peer cities Portland's downtown recovery defies...

Apartments with Space Needle in the background
AECFeaturedIndustry NewsResidential

“We Don’t Need Design Review”: Seattle Developer’s Project Fuels Housing Policy Debate

Lake Union Partners' 302-unit Northgate project becomes rallying cry for broader housing policy reform A Seattle developer's decision to sidestep the city's controversial...

Sunset in Downtown Portland Oregon
AECCommercialFinanceIndustry NewsPortlandResidentialRetail

Prosper Portland’s Broadway Corridor Project Set to Transform Downtown with 4MM SQFT of Mixed-Use Development

In the heart of downtown Portland, a transformational redevelopment is taking shape as Prosper Portland and the Portland Housing Bureau (PHB) move forward...

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