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.

The Brelsford Vineyards apartments are under construction at the north end of the Washington State University Tri-Cities campus in Richland. They will include one-, two-, three-, and four-bedroom units. (Photo: Scott Butner Photography)

Higher education: college projects could depend on state funding

The Tri-Cities’ two colleges have plenty of capital projects planned in the coming years, though some are dependent on approval and money from the state Legislature. At Washington State University Tri-Cities in north Richland, the campus now has an apartment complex open for students who wish to live close to class and has plans for…

Homes and schools are being built to fill the demand of the growing population in the Tri-Cities. These homes and Kennewick elementary school No. 16 are being built in south Richland. (Photo: Paul T. Erickson)

Experts say region poised for continued growth

By Michelle Dupler Everywhere you look in the Tri-Cities, there are new faces, new businesses and new homes being built. The area is in the midst of economic and population booms that keep ranking it on lists of desirable places to live, work and play. And local experts say the steady growth should continue at…

Lola Franklin, CEO of the Tri-City Association of Realtors, said this year’s residential home sales look similar to last year’s. Through August 2017, the association reported a total of 2,813 homes sold, and an average sold price in August of $272,400. In 2016, a total of 4,423 homes sold, compared to 4,153 in 2015, an increase of 6.5 percent. (Photo: Paul T. Erickson)

Residential market hungry for homes

By Michelle Dupler The Tri-City area continues to be a hot market for real estate, offering continued affordability, low unemployment and an attractive local economy in comparison to many other metro areas in the United States. Local experts said single-family home construction continues to boom, as do sales of existing homes, while both the average…

Kennewick’s Southridge area continues to fill with the addition of restaurants, businesses and homes. (Photo: Paul T. Erickson)

Demand for development swells in Kennewick

Kennewick continues to grow as the Southridge area flourishes and new residential and commercial construction projects take shape throughout the city. Projects under permit review that likely will start at the end of this year or the beginning of 2018 include a 10-screen movie theater on South Quillan Street, a 53,750-square-foot Gensco Inc. building for…

Lamb Weston’s $200 million French fry processing facility is expected to bring 162 jobs to the area when fully operational. The Richland plant’s expansion off Saint Street is just shy of 280,000 square feet. (Photo: Paul T. Erickson)

Richland eyes local, international developments

The city of Richland continues to experience residential, commercial and industrial growth, with additional homes and businesses to pop up in 2018. “Beginning in 2016 and continuing through this year, Lamb Weston’s expansion continues to be our biggest project. Lamb Weston is a great partner with the city, and its expansion increases our job market…

The new $3 million Northwest Farm Credit Services building is under construction near Road 100 in Pasco. It’s scheduled to open this fall. (Photo: Paul T. Erickson)

Building permits surge with Pasco’s population

Commercial building permits issued in Pasco edged ahead of last year, while single-family home permits were well above those issued for the same period. And next year’s outlook also looks positive, said Rick White, community and economic development director for the city of Pasco. “Things look good. Food products and distribution activities continue to be…