Grocery Tech Industry Welcomes Veeve to the Seattle Scene

Two former Amazon employees, Shariq Siddiqui and Umer Sadiq, recently teamed up with former Google computer vision scientist Faisal Shifayat to introduce Veeve, a new tech-driven grocery cart technology system that could change the face of brick-and-mortar grocery stores. As GeekWire outlines, the entrepreneurs saw the power of the technology Amazon implemented in its “Go” stores and wanted to find a way to implement the technology in larger format stores.

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Labor Parties to Serve as Deciding Factor in USMCA

The fate of the U.S.-Mexico-Canada Agreement (USCMA) could now lie in the hands of U.S. Labor Parties, as the Wall Street Journal reports that Democrats are unlikely to support the measure without labor backing. As Steny Hoyer, House Majority Leader, said in a statement, “it would probably be doubtful that we will be able to get there if we don’t come to an agreement with the workers of America who feel that they have been badly hurt by NAFTA.”

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"Mega Block" Deal Creates Space for Life Sciences Industry

Last month, Seattle Mayor Jenny Durkan drafted a proposal known as the ‘Mercer Mega Block’. The plan presents a breakdown on how funds will be allocated from the sale of nearly three acres in South Lake Union. Alexandria Real Estate won the bid for the location, paying $143.5 million. A portion of those funds will be designated to address the homeless problem in Seattle, as well as affordable housing.

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Seattle-Bellevue Market Update | September 2019

The residential real estate market for the greater Seattle-Bellevue metro area has been relatively healthy and steady in 2019 after the May 2018 price correction.  The sale prices of condominiums and single family homes increased 11.9% from January 2019 to May 2019.  Currently, I estimate home values will decrease approximately 6% from June through December to approximately 350-355 $/sqft until January when values likely increase again, which is a net annual value increase of 5.9%. 

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Performing Arts Center Eastside Gains Traction

Over the past few years, Bellevue has emerged in the tech spotlight, with long-time giants such as Microsoft and the recent announcement by Amazon of a relocation to the Eastside. A new effort to build the Performing Arts Center Eastside (PACE) could add to the innovation with an immersive, cutting-edge approach to the concept of the performing arts center. The project has been in planning for decades but new CEO Ray Cullom is breathing new life into it - they have now raised $123 million of the estimated $200 million it will take to fund the project.

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Mayor Jenny Durkan Publishes Mercer Island Mega Block Proposal

Mayor Jenny Durkan announced a major update in the sale of nearly three acres in South Lake Union, dubbed the “Mercer Mega Block,” as it was revealed that Alexandria Real Estate won the bid, committing to a total of $143.5 million for the land and money allocated to provide services to the homeless. According to the Puget Sound Business Journal, Durkan’s proposal “would buy real estate to preserve and build affordable housing, work with employers to foster homeownership and provide financing of backyard cottages, or accessory dwelling units (ADUs).”

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T-Mobile Unveils New Testing Center at Launch Pad

After months of secrecy, T-Mobile has unveiled a new 20,000 square foot testing lab inside the Launch Pad, company’s innovation and testing facility. GeekWire recently toured the facility, which employees roughly 200 workers that test the function and durability of a range of devices, from smart homes to iOT gadgets.

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Blokable Set to Expand into California

Seattle-based startup Blokable—which is working to disrupt housing development with modular smart home units—has generated $23 million to expand manufacturing into California and prepare for new projects. Since delivering a project in Edmonds in 2018, Blokable has held off on additional builds and instead has “focused on nailing down the business model and making sure the manufacturing meets housing regulations.”

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