[email protected]
Home / Uncategorized / Seattle Times Jumps on The Slowdown Bandwagon

Seattle Times Jumps on The Slowdown Bandwagon

By October 26, 2008


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

I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

Get in touch to:

  • Understand the market
  • Find your perfect home
  • Sell your home