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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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CommercialFinanceIndustry News

Fred Hutchinson Cancer Center Acquires 225,000 SQFT Weyerhaeuser Office Building for $18MM in Federal Way

Fred Hutchinson Cancer Center buys the former Weyerhaeuser North Building I in Federal Way for $18 million.

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AECIndustry NewsResidential

Bellevue Weighs 12th Revision to Spring District Plan, Converting North Blocks to 560 Units

Wright Runstad seeks to convert the Spring District's North Blocks from office to roughly 560 units of housing near Bellevue's light rail station.

Home under construction
AECFinanceIndustry NewsResidential

Construction Underway on Mercy Housing’s 233-Unit Affordable TOD in Kent

Built on a parcel Sound Transit sold at a $6.5 million discount to spur affordable development, Kent Multicultural Village pairs 233 housing units...

Sound Transit, Link 1 Line, Lynnwood, Shoreline South, Shoreline North, Mountlake Terrace, Lynnwood City Center, King County, Seattle, Seattle–Tacoma International Airport, Snohomish County, Everett, FTA, Puget Sound
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...

Seattle Rail in black and white
CommercialFeaturedIndustry NewsResidential

Washington Commerce Opens Comment Period on Draft Transit-Oriented Development Guidebook

The state has published a draft guidebook intended to walk cities through a zoning mandate few of them asked for but all of...

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AECIndustry NewsResidential

PCP Plans 731 Units in Three Downtown Redmond Towers Near Light Rail

Cleveland-based PCP plans 731 apartments across three Redmond developments, starting with the 217-unit Rove near light rail.

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AECIndustry NewsResidential

PCP Opens 217-Unit Rove in Downtown Redmond, With a 270-Unit Second Act and a Third Site in Hand

PCP, the Cleveland multi-family office formerly known as Ponsky Capital Partners, opens its first Puget Sound apartment building two blocks from Redmond's light...

Sound Transit station
AECFinanceIndustry News

Sound Transit Clears Condemnation of 55 Parcels for West Seattle Link as Opening Slips to 2035

Sound Transit's board authorized its chief executive to acquire, by condemnation if necessary, 55 properties along the West Seattle Link Extension, committing to...

Sound Transit station
AECFinanceIndustry News

Sound Transit Board Set to Authorize Acquisitoin of 55 West Seattle Link Parcels

Sound Transit's board is poised to convert years of conditional authority into funded condemnation power over 43 full-fee and 12 partial acquisitions, provided...

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FeaturedHospitalityIndustry NewsLeasingResidential

Downtown Seattle Sets Recovery Records as Office Vacancy Climbs Near 35%

The Downtown Seattle Association's July data shows apartment occupancy, hotel demand and transit ridership all beating or matching pre-pandemic benchmarks, even as office...

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AECCommercialFeaturedIndustry NewsResidential

Seattle Building Emissions Fall 14% as City’s New Performance Standard Nears First Deadline

Seattle's Office of Sustainability & Environment reported that emissions from the city's buildings sector fell sharply in 2024 even as population and economic...

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