Change of Use Impact Fees for Existing Buildings Suspended – Kirkland
At its meeting on January 18, the Kirkland City Council unanimously adopted legislation that suspends transportation impact fees charged to a business when the use of an existing commercial building is changed. The temporary suspension applies city-wide and will be in effect until December 31, 2013
Continue ReadingLeave a CommentIs Commercial Real Estate Still a Gamble?
The forecasts are rosy for the CRE market, but systemic headwinds still exist, making this a tough sector to bank on profits.
Continue ReadingView Comments (2)Construction Woes Force Bellevue To Shave $16 Million From General Fund
The mayor blames a shortfall on a lack of new development in the city. New apartments are going up on Main Street in downtown Bellevue, but construction is not what is once was. Construction projects are down, resulting in a 16 percent sales tax reduction -- an all time low for Bellevue.
Continue ReadingView Comments (2)Best of the Northwest Comes to the Bravern
After assembling a stellar offering of world-class fashion and lifestyle retailers at The Bravern in downtown Bellevue, developer Schnitzer West announced today that the European-inspired outdoor village will also be home to a Best of the Northwest collection that includes Sur La Table, Eye Society, Dilettante Mocha Cafe and Silberman/Brown Stationers, in addition to the previously announced Wild Ginger and John Howie Steak restaurants.
Continue ReadingView Comments (4)JumpStart Invests in DIY Real Estate Solutions
JumpStart Inc., the Northeast Ohio venture development organization that accelerates the growth of innovative early-stage businesses and ideas, announced an investment commitment of $400,000 in DIY Real Estate Solutions (DIY), a Cleveland-based software developer that offers a complete management solution to the residential rental property management market.
Continue ReadingLeave a CommentSeattle Commercial Real Estate Ranked #1 – “Bellevue Thrives”
Despite dipping short-term prospects attributable to the economic slowdown, premier coastal markets will continue to shoulder ever-increasing import/export activity in the burgeoning global marketplace.
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