The Port of Pasco’s Processing Center is at capacity, and it has sold all the lots at the Foster Wells Business Park.It’s also moving ahead with plans to develop Osprey Pointe and a new industrial center.The port knows industrial land is in high demand and has been working to accommodate...
It’s been an unprecedented year for Tri-City public school districts in the wake of the pandemic.Though students left classrooms in March 2020 and then started the year with remote learning, the districts’ construction projects have been chugging along.Richland School DistrictThe most recent state data shows 2019-20 enrollment for the Richland...
The Tri-Cities’ higher education campuses don’t have many students on campus this fall.The coronavirus pandemic sent the majority to remote learning platforms at Washington State University Tri-Cities and Columbia Basin College for the fall.But that doesn’t mean they aren’t planning for their students’ eventual return to campus.Both institutions are moving...
The Tri-City construction market continues to add millions of dollars in new projects as home and commercial lease prices skyrocket.The average Tri-City home sale price did not dip below $300,000 for the first eight months of 2019.But area real estate experts say prices could begin to level off in 2020.“I...
As Tri-City home prices climb, so does their value.In the last three years, Vicki Monteagudo, broker-owner at Century 21 Tri-Cities and NAI Tri-Cities, said she’s observed a 10.4 percent home appreciation rate.“Some areas have hit double-digit appreciation in the last 12 months alone, especially in those more lower-end prices,” she said.The Tri-Cities...
Commercial real estate agents cite years of ongoing growth for the Tri-Cities’ especially tight market today.“There’s a lot of leasing, a lot of sales, a lot of new construction going on,” said Rob Ellsworth, senior advisor at SVN | Retter & Co. in Kennewick. “Our market might even be too...
Transformational projects in central Richland will add new housing options, transportation routes and businesses to the city’s core.The long-anticipated Duportail Street bridge is expected to open in fall 2020. The route will connect drivers from the Stevens Drive corridor to the Queensgate Drive retail hub, and provide easier access to...
The city of Kennewick continues to grow at a steady clip, ushering in new commercial and residential growth anchored by recent developments along Columbia Center Boulevard and in the Southridge, Vista Field and downtown areas.There’s plenty of commercial development along Columbia Center Boulevard, including the opening of three popular new...
By Andrew KirkPasco’s residential subdivisions continue to gobble up farmland and large buildings are sprouting up all over industrial zones.Franklin County is offering to let the city annex 4,800 acres of land to the north so it has room to grow, said Rick White, community and economic development director for...
By Andrew KirkThe Tri-City’s bedroom community saw continued residential growth in 2019 and more is on the horizon.West Richland issued 86 residential building permits for the first half of 2019, compared to 42 during the same period last year.The Heights at Red Mountain Ranch, the largest residential development project ever...
