Tagged: apartments

4:23pm

Mon June 25, 2012
Business

Downtown apartment construction signals a recovery

Credit Ashley Gross / KPLU

The number of apartments being built in downtown Seattle has jumped almost 10-fold compared with two years ago, suggesting the city’s downtown core is in the midst of a rebound.

The first condo building to start construction in five years also recently broke ground in the city's Denny Triangle neighborhood. That's another sign that the market may be beginning to revive, after the real estate crash brought condo construction to a halt.

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4:20pm

Wed April 20, 2011
Apartment Market

Race to build apartments could be good for renters and construction workers

Credit Charla Bear / KPLU

Some industries are slowly creating jobs again, but construction isn’t really one of them. The state lost about 2,400 construction jobs just last month, according to state employment economists. But in Seattle, hope could be on the horizon.

The clanking and pounding sounds of construction are starting to return to the city. Some builders who work on high-rise projects have been able to dust off their nail guns, thanks to a growing demand for apartments.

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