Mortenson
Circuit of the Northwest Pushes $360MM Bremerton Motorsports and Entertainment Campus Toward 2027 Groundbreaking
Circuit of the Northwest, the long-gestating motorsports project on Port of Bremerton land, has swelled into a $360 million entertainment campus and is...
Mortenson’s Portland Chief Presses Case for Public-Private Deals as $573MM Moda Center Package Stalls
Mortenson Vice President and General Manager Mike Clifford, whose firm built two of the region’s marquee public-private projects, argued in a Portland Business...
Harborview Moves on Six-Story Medical Office Building on $52MM Yesler Terrace Site in Seattle
King County and UW Medicine have begun the public review process for a six-story medical office building atop seven levels of below-grade parking...
Puget Sound’s $50MM-Plus Building Pipeline Swells to Nearly 60 Projects, Led by Bellevue’s $2.6B Spring District
A new tally of the region’s active construction shows nearly 60 projects each carrying price tags above $50 million, with public infrastructure, airport...
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...
Portland Construction Costs Rise Just 0.86 Percent in Q1 2026 as Market Trails National Escalation
Portland’s nonresidential construction costs increased a modest 0.86 percent in the first quarter of 2026 and 2.55 percent year-over-year—the slowest annual escalation among...
Trade Partners Cut Fees to Win Work as Seattle Construction Costs Rise Just 0.56 Percent in Q1 2026
Seattle nonresidential construction costs rose just 0.56 percent in the first quarter of 2026—the smallest quarterly increase among the eight metropolitan markets Mortenson...
Perkins&Will, Mortenson Tapped for Six-Story Behavioral Health Building at Harborview’s Yesler Terrace Site
Seattle’s safety-net hospital pivots a once-stalled Kaiser Permanente parcel into the centerpiece of a $1.74 billion campus modernization, with construction targeted for 2027....
Everett Community College Pushes Back $38MM Baker Hall Rebuild, Cuts 10,000 SQFT From Plans
A 1962-era academic building will still come down this summer, but rising costs have forced the college to shrink and delay its replacement....
University of Washington Moves Forward on Major Renovation of Historic Music Building
The second phase of a $15MM arts capital campaign will deliver acoustic, accessibility, and seismic upgrades to the School of Music’s 220-seat Brechemin...
Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets
Mortenson’s latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026...
Seattle Nonresidential Construction Costs Post Smallest Quarterly Gain Nationally at 0.3 Percent in Q4 2025
Competitive bidding, reduced activity in office and healthcare, and steady labor supply kept cost escalation at the low end of Mortenson’s eight-market index ...
