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AECFeaturedIndustry NewsResidential

Seattle Proposes 10.7% Permit Fee Hike, Third Straight Year of Above-Inflation Increases

Mayor Katie Wilson's 2027-2028 budget would stack a 7 percent increase on Seattle building and land use permit fees atop a 3.7 percent...

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AECFeaturedFinanceIndustry NewsResidential

Seattle Apartment Market ‘Treading Water’ as Deputy Mayor Calls JumpStart Tax a ‘Slush Fund’

At the Simon | Anderson Multifamily Team's fall investor forum, Kidder Mathews' Dylan Simon described a Puget Sound apartment market stuck between flat...

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AECFinanceIndustry NewsResidential

Entitled Belltown Tower Site in Seattle Hits Market for $6.65MM With Upzone Path to 195 Units

The 2407 1st Ave. site already has its permits for a 166-unit mixed-use tower, is listed at about 24 percent below its last...

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CommercialIndustry NewsLeasingRetail

Seattle Weighs Forcing Landlords to Open the Books on Triple-Net Costs for Small Retail Tenants

Seattle's Office of Economic Development is pushing the City Council to force commercial landlords to disclose occupancy certificates, building conditions and triple-net cost...

money roll
CommercialFeaturedIndustry NewsResidential

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...

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FeaturedIndustry NewsResidential

Mayor Wilson Signs Seattle SEPA Appeals Reform Into Law, Citing Housing Affordability

Seattle Mayor Katie Wilson formalized a rule change that redirects environmental appeals of major rezones away from the city's Hearing Examiner and toward...

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AECFeaturedIndustry NewsResidential

Seattle Council Scraps Local Zoning-Appeal Process in 5-4 Vote, Easing the Path for Housing Development

A narrowly divided Seattle City Council has eliminated the city-level environmental appeal that opponents used to delay major rezones, redirecting future challenges to...

Seattle stadium neighborhood
AECCommercialIndustrialIndustry NewsResidential

Stadium Authority and Building Trades Appeal Seattle Plan That Would Permanently Ban Housing in SoDo’s Stadium District

The public agency that oversees T-Mobile Park has joined Seattle's construction unions to challenge a city subarea plan that would lock housing out...

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CommercialFeaturedIndustrialIndustry News

Seattle Halts New Large Data Centers With Emergency One-Year Moratorium After 369-Megawatt Wave of Proposals

The Seattle City Council voted unanimously on June 9 to freeze the siting of large data centers for one year, becoming the largest...

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AECCommercialFeaturedIndustry NewsResidential

Seattle Council Advances Upzone Package to Jumpstart Stalled Towers and Mass Timber Projects

The Housing Opportunities Program would lift heights in Belltown, exempt eco-friendly projects from design rules and shield qualifying buildings from SEPA appeals, with...

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AECFeaturedIndustry News

Seattle Mayor Wilson, King County Executive Zahilay Push to Secure Graham Street Station in ST3 Plan

Seattle and King County leaders are betting a last-minute funding amendment can end 27 years of broken promises for a Rainier Valley transit...

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