Construction + Real Estate
Tri-Cities Area Journal of Business’ full-color glossy magazine Focus: Construction + Real Estate in the Tri-Cities provides an overview of the area’s major real estate and construction projects and building trends in the area. This magazine is published in the fall.
Market Overview: Covid chaos clouds future of Tri-City real estate
Tri-City real estate broker Charles Laird was vacationing in his native Scotland in March when national borders began to close because of the spreading threat of coronavirus. Laird and his family cut their trip short and headed home, a journey that included driving on Interstate 5 through pandemic-stricken Seattle. The chronically congested freeway was all…
Residential Growth: If Covid can’t slow the Tri-City housing market, nothing can
A pandemic, choking smoke and a polarizing national election did little to dampen demand for new and existing homes in the Tri-Cities as the calendar flipped toward the final quarter of 2020. More homes sold for higher prices. Unemployment increased, driven up in part because more people were seeking work. New home construction fell, but…
Commercial Real Estate: Construction industry watching to see how Covid-19 rewrites Tri-Cities’ big plans
The Tri-Cities is coming off a banner year for commercial construction. New schools dot the region. A new cold storage warehouse is taking shape in north Pasco. Kennewick’s Vista Field is stocked with utility lines, paved streets, lamps and a water feature, waiting for private developers to build an urban village in the heart of…
City of Kennewick: Tax dollars keep hammers swinging
Government-funded projects are keeping construction workers busy in Kennewick despite the recession. Multiple commercial and residential projects are underway in every area of the city, and the largest are funded by the city, Benton County, Kennewick School District and Port of Kennewick, said Evelyn Lusignan, the city of Kennewick’s spokeswoman. “Development activity is down from…
City of Richland: Major construction projects span city limits
A global pandemic hasn’t slowed progress across the city of Richland as major construction projects wrap up and new ones prepare to break ground. The $43 million Duportail Bridge opened to limited traffic in early September 2020. It is expected to fully open by Nov. 1, 2020, providing a new span across the Yakima River…
City of Pasco: Affordability still key to record growth
Construction is booming in Pasco. It’s because the city is an incredible value for builders, said Rick White, Pasco’s director of community and economic development. Whether residential, commercial or industrial, Pasco is less expensive to develop than Richland and Kennewick and it promises population growth, he said. With 77,100 residents, the Franklin County seat has…
