Photo by Benjamin Benschneider
The millennial generation is impacting how offices are laid out, where housing is located and which forms of transportation are used. The DJC’s 2013 Urban Development special section looks at those trends and how they will play out in the coming years.
Office design goes from ‘me space’ to ‘we space’
The trend is moving away from traditional private offices assigned by titles to open and collaborative spaces that harvest light and encourage communication.
By DANIEL H. BUTLER
Apartment investing? demand remains robust
Healthy interest and investment activity persists, while average cap rates continue to stay low with interest rates.
By MARTY LEITH and KENNY DUDUNAKIS
Low-income Seattleites struggle to find affordable homes
As the economy recovers, low-wage jobs such as food service, retail and administrative support are growing at a rate 2.7 times faster than higher-wage jobs.
By DAVID DOLOGITE
Capitol Hill Housing
Breaking the residential logjam at Northgate
Between 1994 and 2008, an average of 13 residential units per year were developed due to zoning and regulatory constraints, a lack of infrastructure investment and a fight over the daylighting of Thornton Creek. Now Northgate is projected to grow by 167 units a year.
By KEVIN WALLACE
Report: Millennials put the brakes on driving
The driving boom during the second half of the 20th century was fueled by low gas prices, rapid suburbanization, and an ever-increasing number of women commuters entering the workforce.
By CARRIE DOLWICK
Transportation Choices Coalition
Marketing challenge: sell 90K passes before tolls went on 520 bridge
With urban congestion growing, WSDOT put tolls on the floating bridge to help pay for a larger, safer and more reliable bridge. Selling Good To Go transponders in Safeway stores made it easier for customers to get the passes.
By MIKE ROSEN
Five reasons why Seattle’s housing market looks rosy
The downtown Seattle apartment market is enjoying one of the most robust and sustained cycles in decades. How long will it continue, and when will the pendulum shift?
By BLAINE WEBER
Urban Development 2013 team
Section editor: Benjamin Minnick
Section design: Jeffrey Miller
Web design: Lisa Lannigan
Advertising: Matt Brown
2013 CCIM Regional Conference (http://www.eventbrite.com/event/6730050763#)
Alliance Flooring Services (www.allianceflooring.com)
Aspect Consulting (www.aspectconsulting.com)
Baylis Architects (www.baylisarchitects.com)
Cadd Northwest, Inc. (www.caddnw.com)
Canyon River Ranch (www.canyonriver.net)
Coughlin Porter Lundeen (www.cplinc.com)
Goodman Real Estate (www.goodmanre.com)
HomeStreet Bank (www.homestreet.com)
Institute of Real Estate Management | Western Washington Chapter #27 (www.irem27.org )
Joseph Arnold Lofts (www.thejoeseattle.com)
Pacific Earth Works (www.pacificearthworks.com)
Quantum Consulting Engineers LLC (www.quantumce.com)
The Post Seattle (www.thepostseattle.com)
The Schuster Group (www.theschustergroup.com)
Trash Transit (www.trashtransit.com)
Weber Thompson (www.weberthompson.com)
©2013 Seattle Daily Journal and .