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Sunny Cityscape- Downtown Seattle from Highway Interchange South
CommercialFeaturedIndustry NewsLeasingRetail

Seattle Economic Development Chief Signals Retreat From JumpStart Tax Expansion as Downtown Vacancy Tops 30%

Seattle’s new economic development director, Beto Yarce, says the city is exploring revenue options other than expanding its JumpStart payroll tax, even as...

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

Seattle Social Housing Developer Closes $60.9MM, 150-Unit Elara at the Market in Belltown Acquisition, With Second Deal on Deck

The Seattle Social Housing Developer has closed on its purchase of the 150-unit Elara at the Market in Belltown, converting first-year tax receipts...

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AECFinanceHospitalityIndustry NewsResidential

78-Room Hotel Seattle Hits Market with Permits in Hand for Revival or Conversion

After years of demolition, structural repairs and permitting, the 1926 downtown tower is being offered unpriced as either a boutique hotel turnaround or...

Seattle skyline with Elliott Bay
FinanceIndustry NewsResidential

Seattle Social Housing Developer to Buy 150-Unit Elara at the Market in Seattle’s Belltown for $60MM

The first major acquisition by the voter-created public housing authority puts Prop 1A tax revenue to work in one of downtown Seattle’s tightest...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
CommercialFeaturedIndustry NewsLeasingResidentialRetail

Visitors Flood Back to Downtown Seattle as Office Workforce Keeps Shrinking, April Figures Show

April data shows downtown topping pre-pandemic visitor and tourism levels even as worker foot traffic slides to 60 percent of 2019, exposing a...

Seattle skyline at dusk
AECIndustry NewsResidentialRetail

Building Reimagined Pulls 21-Story Mass Timber Tower Plan for Downtown Seattle’s Ross Site

Developer withdraws permit submissions for 340-unit, $160MM-to-$180MM residential project at 301 Pike Street as financing pressures and ownership fragmentation derail one of downtown...

Barnes & Noble storefront
Industry NewsLeasingRetail

Barnes & Noble Reopens in Downtown Seattle with 18,000 SQFT Flagship at 520 Pike

The nation’s largest bookseller returns to the city’s retail core after a six-year absence, anchoring Tishman Speyer’s office tower with the largest downtown...

Seattle waterfront
AECFeaturedIndustry News

Seattle Completes $5.2MM Bell Street Project, Closing Final Chapter of $1.2 Billion Waterfront Transformation

Two-way protected bike lane, widened sidewalks and a restored 1950s-era Alaskan Way Viaduct sign bridge now link Belltown to the city’s 20-acre Waterfront...

Seattle skyline at dusk
CommercialFeaturedIndustry NewsResidential

Downtown Seattle Hits 109,845 Residents and 317,000 Jobs as Urban Core Recovery Accelerates

The Downtown Seattle Association’s 2026 Economic Report and State of Downtown event show foot traffic, visitor counts, and public safety metrics improving across...

Seattle skyline from Lake Union
CommercialFinanceIndustry NewsNews Releases

$10.2MM Permanent Refinance Secured for 92,400 SQFT Terminal Sales Office Building in Downtown Seattle

Historic Tower Located Near Pike Place Market in Accessible, Amenity Rich District; Refinance Reflects Insurance Company Lenders’ Improving Views on Office Underwriting Moving...

seattle skyline
CommercialFinanceIndustry News

Breville to Vacate 7,700 SQFT at Seattle’s Madore Building Near Pike Place Market

Crossbeam Investments seeks new tenants for historic 1501 Western Ave. property as office market stabilizes Office tenants continue to reassess their space needs...

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AECIndustry NewsPortlandRetail

Portland’s James Beard Public Market Delays Opening to 2027 as Costs Balloon to $35MM

Historic building discoveries and expanded scope push back highly anticipated food hall amid downtown’s struggle with 36 percent office vacancy Portland’s highly anticipated...

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