Redmond Swoops In To Save Kenmore’s Cancelled Low-Income Housing Project "On Tuesday night, the Redmond City Council approved moving forward with a land transfer that will allow Plymouth Housing to construct 100 units of permanent supportive housing on a city-owned parcel in downtown Redmond. Redmond’s quick action is set to allow Plymouth to keep an otherwise fully-funded project designed to provide housing for people directly exiting homelessness intact, without the planned funding and land from Kenmore. The vote was 5-1, with Councilmember Jeralee Anderson the sole no." (The Urbanist)
Greystar Plans Student Housing in Seattle as Nationwide Investment Interest Grows "Project To Add 1,000 Dorm Beds, 350 Apartments for University of Washington" (CoStar)
Colman Building faces uncertain future amid financial pressures "Unico Properties paid $37 million in 2019 for the Colman Building, a six-story designated landmark near Seattle's waterfront, but occupancy in the building has dwindled since the onset of the pandemic." (Puget Sound Business Journal)
Washington State House Passes Rent Stabilization Bill (The Stranger)
Federal Grant In Hand, RapidRide J Line Heads Toward Construction "The timeline to build the $128 million project is set to be around three years, with RapidRide service planned to start in 2027. Most of the Eastlake Avenue E and Fairview Ave N corridors where the 70 currently operates will be fully rebuilt and repaved, and the transportation upgrades will be coming along with a new water main, installed in coordination with Seattle Public Utilities. The work to add protected bike lanes along the entire corridor, with dedicated bus lanes in targeted areas, and pedestrian improvements throughout, will resemble work currently wrapping up along the E Madison Street corridor that began in 2021 as part of the RapidRide G." (The Urbanist)