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Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees

Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...

model houses
AECFeaturedIndustry NewsResidential

Seattle Revives MHA Fee Break of Up to 80% to Jump-Start 5,672 Stalled Housing Units

Two months after a nearly identical deal collapsed, Councilmember Dionne Foster has reintroduced a Mandatory Housing Affordability fee reduction — now branded the...

seattle skyline
FeaturedIndustry NewsResidential

Seattle Mayor Wilson Orders Permitting Overhaul, Launches Housing Task Force Amid Building Slowdown

Mayor Katie Wilson's Executive Order 2026-4 streamlines Seattle permitting and launches a task force as housing applications plunge.

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECFeaturedIndustry NewsResidential

Demolition Underway on Stalled Bellevue Hotel Foundation, Clearing Path for 146-Unit SRM Affordable Project

The teardown ends a nearly six-year stall on a 4.5-acre Mercer Slough-adjacent site and triggers Phase II of an Amazon-backed development designed to...

Bellevue Skyline
FeaturedIndustry NewsResidential

Bellevue Locks In 5,700-Unit Affordable Housing Target as Eastside Tech Boom Strains Market

The seven-year strategy more than doubles the city's previous goal as record corporate leasing collides with rising rents and a regional construction slowdown....

Skyline of Bellevue Washington
AECFeaturedIndustry NewsResidential

Bellevue City Council Unanimously Advances 2026-32 Affordable Housing Strategy Targeting 5,700 Units Over Next Decade

Updated seven-year plan replaces 2017 strategy with expanded tools, new revenue sources, and preservation targets as median home prices approach $1.6 million on...

Construction figures on top of a mobile phone
AECFinanceIndustry NewsResidential

70,000 SQFT Brierwood Park Hits Market as 300-Unit Multifamily Redevelopment Opportunity in Bellevue’s Surging Wilburton Corridor

Land site with two vacant office buildings hits the market as developers race to capitalize on the city's landmark transit-oriented rezoning Cushman &...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECFinanceIndustry NewsResidential

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,...

Planning board with suggestions
AECFeaturedIndustry NewsResidential

Bellevue Launches Packed Week of Housing and Land Use Planning Sessions as City Pursues 5,700-Unit Affordability Target

A series of public meetings spanning affordable housing strategy, BelRed code overhaul, mixed-use density changes and urban design will shape the Eastside city's...

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Industry NewsNews ReleasesResidential

Seattle Mayor Signs Legislation to Speed Production of Housing and Emergency Shelter in City

Mayor Katie B. Wilson today signed CB 121093 and CB 121135, legislation sponsored by Councilmember Eddie Lin (District 2) which will speed the...

Apartment buildings in Seattle with the Space Needle in the background
AECFeaturedFinanceIndustry NewsResidential

Seattle Advances Phase Two of Comprehensive Zoning Overhaul to Address Housing Shortage

Mayor Wilson's proposal enables multifamily housing in 30 new neighborhood centers and transit corridors as city tackles affordability crisis Seattle Mayor Katie B....

Bellevue skyline with the marine in the forefront
AECIndustry NewsResidential

Bellevue’s Auto Row Transforms as American Capital Group Leads Wave of High-Density Housing for Transit Corridor

Bellevue-based company bets big on Wilburton neighborhood as city's rezoning opens door to thousands of new apartments For decades, a stretch of 116th...

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