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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.

zac-gudakov-ejL8-QT7h64-unsplash-redmond
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...

Seattle skyline
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...

Aerial Photos of Mercer Island, Washington USA with background shots of Mt. Rainier and the downtown Seattle, WA skyline
AECIndustry NewsLeasingResidential

Lunara Opens Leasing With 146 Units Steps From Mercer Island’s New Light Rail Station

A 146-unit apartment building has opened for leasing in the heart of Mercer Island’s Town Center, arriving just months after Sound Transit’s long-delayed...

pedestrians
AECIndustry News

Lynnwood Set to Start $7MM Pedestrian, Bicycle Underpass Connecting Light Rail Station to South-End Neighborhoods

The city of Lynnwood is preparing to begin construction on a long-planned pedestrian and bicycle underpass at 44th Avenue West that will stitch...

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CommercialFeaturedHospitalityIndustry NewsLeasingRetail

Downtown Seattle Draws 3.7MM Visitors in July as Worker Return Stalls at 64%

Downtown Seattle's summer visitor boom pushed foot traffic to 112 percent of pre-pandemic levels in July, yet the daytime office workforce remained stuck...

Bellevue homes overlooking Lake Washington with Seattle in the background
AECIndustry NewsResidential

City of Bellevue Advances Negotiations for 140-Unit Affordable Housing, Arts Project at BelRed Station

Bellevue advances a development agreement with BRIDGE Housing for a 140-unit, 100% affordable project at the BelRed light rail station.

building under construction
AECIndustry NewsResidential

Perkins Eastman Designing 233-Unit Affordable Housing Project on Sound Transit Land at Federal Way Downtown Station

Perkins Eastman has been tapped to design a 233-unit, all-affordable housing development that Multi-Service Center and Shelter Resources will build on two surplus...

Sound Transit station
AECFeaturedIndustry News

Sound Transit Lays Out 2042 Path to Ballard Light Rail, Contingent on Closing a $9 Billion Gap

Sound Transit has sketched a route to open light rail all the way to Seattle's Ballard neighborhood by 2042, but the timeline hinges...

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