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.

TechnologyAaron FreemanAugust 24, 2019Bellevue, Eastside, Technology, Amazon, Microsoft, Ray Cullom, PACE, Performing Arts Center Eastside, Arts, GeekWireComment

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.

TechnologyAaron FreemanAugust 24, 2019CES 2019, Technology, Tech Trends, GeekWire, T-Mobile, Innovation Lab, Launch Pad, 5G, Spring District, Bellevue, EastsideComment

Microsoft Makes Progress on Multi-Billion-Dollar Renovation

Microsoft has undertaken a multi-billion-dollar renovation of their Redmond headquarters, which will add another 2.5 million square feet of office space to the campus and easily accommodate 8,000 more employees. The project broke ground in January 2019 and it’s ambitious. Puget Sound Business Journal says, “the upgraded campus will include a two-acre plaza with room for 8,000 to 12,000 people for meetings and events, soccer and cricket fields, an underground ‘smart’ parking facility and a pedestrian and cyclist bridge over Highway 520 connecting the company’s East and West Redmond campuses.”

TechnologyAaron FreemanJune 26, 2019Eastside, Redmond, Microsoft, TechnologyComment

The Eastside Continues to Emerge as a Tech Hub

As a recent Puget Sound Business Journal article put it, “The Eastside office market has FANGs.” However fitting, they aren’t referencing the region’s sharp teeth; they are talking about a group of tech titans: Facebook, Amazon, Netflix and Google.

The U.S. is Named Most Competitive Economy in the World

The World Economic Forum recently released the annual Global Competitiveness Report, naming the United States the number one most competitive economy in the world for the first time since the early 2000s. According to the report, the nature of economic competitiveness is shifting, as economies are “increasingly transformed by new, digital technologies,” which are “creating a new set of challenges for governments and businesses.” The United States is followed by Singapore, Germany, Switzerland and Japan.

Do You Know the Fastest Growing Neighborhoods in Our Region?

Home to Amazon’s Seattle campus and explosive growth over the past few years, many will be unsurprised to hear that the fastest-growing neighborhood in the region is South Lake Union. The second neighborhood, however, may come as a surprise. To get there, you have to travel to the Eastside…

2018 Waterfront Update

Realogics Sotheby's International Realty recently released a Waterfront Update that examines regions across Puget Sound and highlights popular waterfront communities with information regarding home values, sales trends and market activity. The report is centered around price trends and the typical location factors that affect the value of any real estate. Waterfront sales, however, may also be influenced by other aquatic factors including docks, moorage, beach or tidelands access, and more.

Market Trends from Around the Sound: Q2-2018

I am pleased to present a look at housing market trends for the second quarter of 2018, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.

Market Trends From Around the Sound: Q1-2018

I am pleased to present a look at the housing market trends for the first quarter of 2018, from the shores of Bainbridge Island's waterfront homes and in-city living opportunities to the Eastside's most distinguished residences.

Seattle Home Prices Continue to Skyrocket as High as 18 Percent in February 2018

Though the winter months have historically given way to slowdowns in the real estate market, Seattle remains red hot, as Puget Sound Business Journal reports that in Seattle, “some buyers are submitting offers telling sellers to fill in the price,” while prices in Mercer Island and the Eastside saw median sales prices over $1 million.

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Aaron Freeman