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Puget Sound Apartment Developers Shelve Projects as Approved Pipeline Shrinks to 12,931 Units

Puget Sound apartment developers formally shelved a meaningful number of projects over the past year instead of extending permits, shrinking the region's approved...

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AECCommercialIndustry News

Everett, Community Transit Reach $54.5MM Deal to Consolidate Bus Systems

The deal's timing tracks Sound Transit's Link extension to Everett Station, a project now pushed to 2037-2041 amid a $34 billion system-wide shortfall...

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AECIndustry NewsLeasingRetail

Shake Shack, Boot Barn Sign Leases at The Hub @ Everett as Brixton Reaffirms Topgolf

Brixton Capital has signed Shake Shack and Boot Barn to anchor spots at The Hub @ Everett, pairing the leasing news with a...

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AECFinanceIndustry News

AquaSox Warn of Relocation as Everett’s $120MM Stadium Financing Nears Deadline

Everett's plan to keep its minor league baseball team downtown is colliding with a hard truth about stadium finance: land and design work...

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AECIndustry News

FTA Clears Everett Link Draft EIS, Advancing 16-Mile Light Rail Line to Downtown Everett as Costs Climb

Sound Transit secured a pivotal federal clearance for its 16-mile Everett Link light rail extension when the Federal Transit Administration signed off on...

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CommercialIndustry NewsLeasing

Helion Energy Leases 15,000 SQFT at Seattle’s 8th & Olive as Headcount Hits 800

A fusion energy startup that has grown tenfold in four years is planting its first flag in downtown Seattle, adding office space in...

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AECFinanceIndustry News

Everett Council Weighs $3.5MM Funding Boost to Close Land Deals for $120MM Outdoor Event Center

A pending purchase and sale agreement is pushing Everett back to the well for stadium funding, with the city council set to vote...

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CommercialFinanceIndustry News

Trinity Lutheran Church Lists 13,728 SQFT Historic Everett Building for $1.71MM

Facing the same pressures reshaping historic congregations across Puget Sound, Trinity Lutheran Church has listed its Bebb and Gould-designed Everett sanctuary for $1.71...

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FinanceIndustrialIndustry NewsLife Science

Breakthrough Properties Acquires Stalled Seagen Biologics Plant in Everett for $78MM

A biomanufacturing facility that Pfizer abandoned two years into a $500 million build-out has changed hands for a fraction of that investment, landing...

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AECFinanceIndustry NewsResidential

Rainbow Terrace to Replace Demolished Everett Church With All-Affordable Senior Units

Housing Hope's Rainbow Terrace was one of six projects to share $23 million in Snohomish County housing and behavioral health grants awarded in...

Illustration of a baseball field in Everett
AECFinanceIndustry News

Everett Clinches First Four Parcels for $10.65MM to Advance $120MM Downtown Outdoor Event Center

The Everett City Council unanimously cleared the purchase of four downtown parcels for $10.65 million, its first land acquisitions for the planned $120...

High angle aerial view of Puget Sound, seen from downtown Seattle.
AECFeaturedIndustry NewsResidential

Seattle Apartment Deliveries Plunge 53% in 2Q 2026 as Construction Pipeline Thins Into 2027

Seattle's multifamily developers delivered barely half the apartments they finished a year ago, and with only a handful of towers still racing toward...

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