Storybuilt's 193-unit Columbia City project passes design review; the project is the second phase of a 362-unit mixed-use development; the first phase breaks ground this summer.
CrowdStreet considers Seattle a top 5 market for commercial real estate investment in 2022, with multifamily, industrial & retail as standouts. The crowdfunding investment platform anticipates Seattle-area population to increase by 50,000 in 2022.
Seattle area rents increase - especially on the eastside - but it's unclear how much is due to comparisons to lower rents during COVID.
A NIMBY group is suing the City of Kirkland and King County over the county’s plan to convert a Kirkland hotel to a permanent supportive housing site for people who are chronically homeless. The group - "Keep Kids Safe" - expressed concern over the location's proximity to schools, and alleges the county failed to convene public meetings before acquiring the property. The county responds that they do not open up active negotiations to public comment, in order to avoid overpaying for land.