It was announced last week that Redmond’s Overlake East Center sold for $41 million to a San Francisco-based investment firm. Spread out over 90,235 square feet, the complex is located only a mile from Microsoft headquarters and in close proximity of the proposed Overlake Village light-rail station.
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On January 11, 2019, the Washington State Department of Transportation (WSDOT) is set to permanently close the Alaskan Way Viaduct, the first step in a series of efforts to alleviate congestion but that will first make things worse for Seattleites. In what has been called the “period of maximum constraint,” movement in and around downtown will be difficult, as private and public construction will cause street closures and delays.
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The nearly two-decade-long effort to replace the Alaskan Way Viaduct will soon hit a major milestone, as the viaduct is set to close on January 11th, 2019 as it is replaced by the Highway 99 tunnel spanning Sodo to South Lake Union. The closure has undoubtedly caused concern and confusion for commuters and Seattleites alike, especially given that there will be an approximate three-week gap between the closure of the viaduct and the tunnel’s opening. Using research obtained by Seattle Times, let’s take a look at answers to some of the biggest questions surrounding the project.
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The much-anticipated airport at Paine Field took a huge step this week as Alaska Airlines began ticket sales for flights that begin February 11th. According to Puget Sound Business Journal, Alaska Airlines has added more flights to their schedule, after Southwest Airlines put an “indefinite hold” on their planned operations in Everett.
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The Puget Sound region held the national spotlight recently, as two of our local neighborhoods ranked among Zillow’s top twenty in the country based on the number of listing page views in each area. And as Puget Sound Business Journal reports, Zillow Group also put together a list of the top ten neighborhoods around the Sound along with the median listing price. Do you think you know which areas were most popular among Zillow searchers?
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Over the next few years, the city of Seattle will transform its waterfront in an exciting project that will see updates extending from Pioneer Square through to Belltown’s Battery Street. As Waterfront Seattle describes, the changes will capitalize “on the opportunity created by the removal of the Alaskan Way Viaduct and the replacement of the Elliott Bay Seawall” and will include the new Elliott Bay Seawall (currently under construction), better connections between city neighborhoods, infrastructure updates, and twenty acres of public space.
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The Seattle skyline will continue to be filled with cranes for a bit longer. Recently published in GeekWire, “A new report from the Downtown Seattle Association says the city is in the midst of a record $5 billion in current construction activity downtown.” The builders are rushing to meet demands of new residents (more than 1,000 a week) and businesses moving into the city. According to the 2017 Mid-Year Development Guide, residential work represents two-thirds of all projects underway and have 30,000 units under construction or in development.
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