Major mixed-use development opens near future Seattle light rail station "The 775-unit development is one of the region's largest transit-oriented projects." (Puget Sound Business Journal)
Could Seattle’s 20-Year Growth Plan Get Derailed by Predatory Appeal? "While the city is way behind schedule in having the council take this up, another potential roadblock looms ahead. The release of the FEIS sets the city up for an appeal of the plan’s conclusions. With a two-week window for appeal, there’s a narrow opportunity for a resident or group of residents to try and stop the plan from moving forward by alleging that the city missed something, or got something wrong." (The Urbanist)
Why someone earning over $100,000 could qualify for Seattle’s affordable housing "Some of the Seattleites allowed to live in this housing could earn as much as $126,600 annually — 120% of the 2024 median income in the Seattle metro area. That's a much higher salary than would qualify for Seattle’s more traditional affordable housing projects." (KUOW)
Redmond project wins backing from new $200 million workforce housing fund "Seattle real estate investment manager Pinnacle Partners is partnering with a Texas-based multifamily developer to launch to the fund." (Puget Sound Business Journal)
Washington Legislature Sets it Sights on Transit-Oriented Development…Again "For most cities in the state that are part of a high capacity transit network — including everywhere Sound Transit operates — the bill would not go to into effect until the end of the decade, thanks to the state-imposed timelines for major updates to local comprehensive plans. Vancouver and Spokane, the only cities outside central Puget Sound with bus rapid transit systems, would be required to implement the bill first, in 2026, and essentially pilot some of the bill’s provisions." (The Urbanist)
