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Washington Senate Passes Historic 9.9% Income Tax on Millionaires in 27-22 Vote, Sending Shockwaves Through State’s Business Community

SB 6346, dubbed the “Millionaires Tax,” would generate an estimated $3.7 billion annually beginning in 2029, but critics warn the legislation could accelerate...

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Washington Legislature Advances Commercial-to-Residential Bills as State Confronts Housing Emergency

Three measures target zoning restrictions, operational barriers, and infrastructure costs to accelerate production of 55,000 homes annually Washington’s commercial real estate industry faces...

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AECFeaturedIndustry NewsResidential

“We Don’t Need Design Review”: Seattle Developer’s Project Fuels Housing Policy Debate

Lake Union Partners’ 302-unit Northgate project becomes rallying cry for broader housing policy reform A Seattle developer’s decision to sidestep the city’s controversial...

Angled view of the Seattle High School Memorial Stadium near the Space Needle
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Seattle Breaks Ground on $140MM Memorial Stadium Transformation

Historic venue at Seattle Center to undergo complete reconstruction in unique public-private partnership Seattle Mayor Bruce Harrell joined Seattle Public Schools leadership, Seattle...

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Olympia Weighs Middle Housing Expansion Amid Growth Projections and Resident Concerns

Olympia is moving forward with housing code amendments to accommodate more middle housing options in traditionally single-family neighborhoods, though some residents are expressing...

AECCommercialIndustry NewsResidential

Port of Everett Commission Unanimously Votes to Authorize Eminent Domain to Acquire Vacant Kimberly-Clark Mill Site

Everett, Wash. — On June 4, the Port Commission unanimously approved a resolution authorizing the Port to utilize its eminent domain authority to acquire...

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