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.”

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Richard Chandler Boosts Investment in Electric Aerospace Technology

Back in May, I looked at a growing trend in our region: the electric aerospace industry. At the time, local companies such as Magnix and Zunum Aero were raising capital for research in electric aviation and experts estimated that there were roughly 100 global companies developing electrically propelled aircraft. The Puget Sound region could soon see further advances in the industry, as billionaire Richard Chandler is backing Redmond-based Magnix with a sizable investment.

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Expedia Employees will Descend Upon Seattle this Fall

Years after the official relocation announcement, Expedia’s move to Seattle is drawing ever closer, with some employees expected to start work in Interbay this fall. That figure will balloon to 4,500 employees by February 2020, when all Expedia workers are fully relocated. A large concern for Seattleites and commuters is the traffic impact, but as Seattle Times reports, the new office “will be an oasis for employees who want to avoid driving to work, offering private shuttles, plentiful bike amenities and cash for every day they don’t drive.” There is a parking structure for those that are committed to automobile use, which will accommodate 2,300 vehicles with room for expansion.

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Biotech is Coming to South Lake Union

The biotech presence in South Lake Union is set to grow, as Puget Sound Business Journal reports that Alexandria Real Estate Equities plans to construct an office and research building—with a $76.5 million price tag—at 1150 Eastlake Avenue East. The project will comprise 12 stories and 303,000 square feet and is one of four projects Alexandria is planning in the region.

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A Breakdown of the Top Luxury Appliances

With so many top-rated appliance brands out there, it can be difficult to navigate the market when making a purchase. Whether you’re simply looking to upgrade your kitchen to benefit your own culinary endeavors or are considering appliances that may add resale value to your home, below you’ll find highlights from Yale Appliance’s guide, to help you along the way.

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Electric Planes are in the Puget Sound’s Future

Puget Sound Business Journal reports that the electric aerospace industry is growing, as local companies such as Magnix and Zunum Aero are “fighting to raise money and counter critics of emerging electric aviation technology, which could revolutionize short-haul aviation and revive regional air travel.” Experts estimate that there are roughly 100 worldwide companies developing electrically propelled aircraft and though many of the projects are in very early stages, “airline executives are lining up to buy them, lured by the promise of lower operating costs, bigger profits and much lower to zero emissions.”

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The Commercial Real Estate Industry Continues its Upward Trajectory

Commercial real estate—and its economic trajectory—was the topic of a recent forum at the REALTORS® Legislation Meetings & Trade Expo, and it made one thing clear: growth will continue in the marketplace. As the National Association of REALTORS® (NAR) outlines, a panel led by Dr. Lawrence Yun, chief economist of NAR, discussed “the economic forces shaping commercial real estate markets and how high-tech company expansions, such as Amazon, will have a significant effect on regions across the country.”

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Smart Home Features That Add Value

Smart home technology is a growing trend, with nearly half of American households now implementing at least one form o the technology. As Realtor.com outlines, these products can make our homes a better place, saving us “money, time, headaches, and other hassles.” Below I’ve re-capped their top five reasons to “go smart.”

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