Real Estate

Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. Topics include home sales and prices; rent and mortgage rates; apartment, condo and single-family housing markets; development, skyscrapers, construction and office space; and affordable housing issues. Some of the players in the marketplace include Vulcan, Zillow, Redfin and Case-Shiller.

As housing costs climb, another Seattle apartment project tests a new way of building

A construction worker maneuvers a panel into place at the first installation of high-performance building panels that will make up a 15-story  apartment building at 303 Battery Street in Seattle Tuesday, October 19, 2021.   Sustainable Living Innovations factory workers (not in photo) who built the panels in the Tacoma factory were there to watch. When completed, the building will feature 112 units, with 27 of those units designated as affordable.  The building is an 100% electric building with no natural gasoline line, no fossil fuels combusted on site and 600+ on-site solar panels.  It will have a 100% reduction in greenhouse gas emissions and is projected to use less than half the energy of a similarly-sized conventional multifamily building.  The building will be completed in ten months and only 25 construction workers will be needed on site to build it. 218554

Modular construction is beginning to be used to erect apartment buildings in Seattle. A Belltown apartment building is being built with panels constructed in a Tacoma factory. “We’re building a building like you’d build a car or an airplane,” says the developer.

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