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Home » Topics » Real Estate & Construction

Real Estate & Construction
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ARTICLES

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Cap on rent increases across Washington is signed into law

May 7, 2025
Jake Goldstein-Street

Effective immediately, the law caps residential rent hikes during a 12-month period at 7% plus inflation, or 10%, whichever is lower. The limit will last 15 years. The bill also restricts manufactured home rent increases to 5% with no expiration date. 


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Exterior shot of the Benton County Courthouse.

Four years after fire, Prosser finds new home inside historic courthouse

May 6, 2025
TCAJOB Staff

City and Benton County officials will have a signing ceremony May 8 celebrating the city leasing the entire first floor of the Benton County Courthouse as well as the attached annex building. 


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A view of the intersection with Badger Mountain in the background.

Queensgate Drive extension to open

May 6, 2025
TCAJOB Staff

The newest stretch of the busy Richland road connects the previously separated portions of Queensgate Drive, with the northern portion passing over Interstate 182 to the shopping centers surrounding the intersection with Duportail Street and the southern portion winding through residential areas to summit the saddle between Badger Mountain and Little Badger. 


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A building on the corner of Clearwater.

Former Shelby’s Floral location at Edison and Clearwater sells for $1.45M

May 5, 2025
TCAJOB Staff

The 4,400-square foot building, which has large windows overlooking the intersection of Clearwater Avenue and Edison Street, is one of three buildings in Marineland Plaza, the originally ocean-themed shopping center developed by Warren Luke in the late 1980s. 


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Port commissioners negotiating $3.3 million land purchase

May 1, 2025
TCAJOB Staff

The Port currently holds 3,050 total acres—2,450 acres of land and 600 acres of waterfront property, with the last large land purchase in 2019, which was 300 acres for the Reimann Industrial Center. 


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A rendering of people out on a grass lawn with a path.

Groundbreaking set for new outdoor space at Richland library

April 30, 2025
TCAJOB Staff

The long-awaited space will have tables and seating along with green space and a small open-air theater with artificial turf to serve patrons of all ages. 


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National homeownership rate drops to five-year low

April 29, 2025
TCAJOB Staff

Homeownership rates declined across nearly all age groups over the past year. Compared to the peak of 69.2% in 2004, the homeownership rate is 4.1 percentage points lower and remains below the 25-year average rate of 66.3%. 


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home construction

Report: Tri-Cities lost 300 construction jobs in past year

April 29, 2025
TCAJOB Staff

Washington state saw a decline of more than 14,000 construction jobs in past year, with Kelso-Longview as the state’s only metro area seeing an increase. The Tri-Cities had one of the smallest declines, both in number and percentage.


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Newly built home.

Tri-City housing market shows mixed signs in March

April 24, 2025
TCAJOB Staff

The Tri-Cities housing market continues to show strong demand though there were signs of that easing in March. 


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Housing construction

Mid-Columbia lawmakers’ housing bills to become law

April 15, 2025
TCAJOB Staff

One will make mortgage financing more available to those purchasing manufactured homes while the other will lead to deeper study of housing affordability in the state. 


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