Seattle Times Jumps on The Slowdown Bandwagon

Wow, what a nice day today! We hit the Centennial Trail for a good little ride this afternoon. I hope you got out too!

The Seattle Times is a little late to the game talking about the construction slowdown with their Sunday article, Downtown slowdown: Seattle, Bellevue building projects take a hit:

Altogether, at least 4,000 condo or apartment units and 3 million square feet of office space in downtown Seattle and downtown Bellevue have been delayed, or worse. Contractors say the slowdown will mean less work for them and the people they employ.

However, they’ve even go so far as to map the slowdown. Here’s a PDF of the same thing.

If I were to write about the slowdown I’d look at how the slowdown is impacting our architects, designers and construction folks. I’d also look at what this is going to do to prices in the short term and long term.

Something that hasn’t slowed down is the progress on the Packard Building apartments at 12th and Pine. They were even working this Saturday:

Packard Building construction

Packard Building rendering

About Matt Goyer

I love condos, lofts, floating homes, new construction and mid-century moderns so much so that since starting this blog in 2006 I've written over 2,000 blog posts about them!

For years I resisted becoming a real estate agent preferring to be a marketing executive at Redfin but after leaving Redfin (after seven years!) I caved in the spring of 2014 and became a broker. So if you need help finding that "Urbnlivn-style" place or selling your home email me at matt@urbnlivn.com, I'd be happy to help you.

Prior to Urbnlivn and Redfin, I worked at Microsoft after graduating from the University of Waterloo with a Bachelor of Mathematics with a major in computer science.

You can also find me on Twitter, @MattGoyer, or LinkedIn.

  • Matthew

    This is why the newspapers are being obsolete. They report yesterdays news.

    The blogs are where its at.

    The Seattle Times and PI were both oblivious to any downturn until it was painfully obvious. The blogosphere on the other hand, has remained on the cutting edge.

  • Matthew

    This is why the newspapers are being obsolete. They report yesterdays news.

    The blogs are where its at.

    The Seattle Times and PI were both oblivious to any downturn until it was painfully obvious. The blogosphere on the other hand, has remained on the cutting edge.

  • Matthew

    being = becoming

  • Matthew

    being = becoming