Churches continue selling to residential developers: Seattle archdiocese strikes deal with Canadian developer who plans 1,300 homes on First Hill; the buyer (Westbank) will work with nearby Swedish Hospital on a zero-carbon footprint for the neighborhood.
Tacoma is becoming a co-working hub: WorkSphere tripling its coworking offices in downtown Tacoma
58% of 1,900+ downtown Seattle condos have been sold, at an average of $1,015 per square foot: Summary of the downtown Seattle condo market
King County's population dips slightly, but don't blame remote work: The 20,000-person net population reduction (-0.8%) from July 2020 to July 2021 was first decline in 50 years, driven by fewer births, an aging population and a higher than usual mortality rate due to the pandemic. At the same time, the technology sector added 16,000 jobs while the hospitality and manufacturing industries lost jobs, home prices increased, and Amazon overtook Boeing as the region's largest employer, pointing to an ongoing demographic shift in the region.
Toll Brothers acquires Costco's first HQ, plans townhome project: 115 units planned for Kirkland site.