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Seattle DJC.com local business news and data - Real Estate - Marina Square project pivots in the pandemic - Vimarsana News

Seattle DJC.com local business news and data - Real Estate - Marina Square project pivots in the pandemic

Encore Architects designed Marina Square and Compass Construction is building it. Local developer Sound West Group had just finished the parking podium and the first level of framing on one of two buildings in its long-planned Marina Square mixed-use project on the downtown Bremerton waterfront when COVID-19 hit last year. In April, 2020, a year into construction, the Bremerton-based developer suspended the project at 280 Washington Ave, and pivoted in response to the severe impact of the pandemic on the hospitality industry, including most urban-located hotels, it said. Sound West Group reta...

Source: djc.com
Seattle DJC.com local business news and data - Real Estate - Pastakia starts on Fireside - Vimarsana News

Seattle DJC.com local business news and data - Real Estate - Pastakia starts on Fireside

Fireside Flats, near the future Roosevelt Station, and a concurrent construction loan from Bank of the Ozarks. Terms for the latter were not disclosed. With general contractor Compass Construction, Pastakia intends to complete the six-story project at 841 N.E. 68th St. by the fall of 2022. (The light rail station, about five minutes away, will open next fall.) Tejal Pastakia said in a statement, “Our vision is to create a thriving community for future residents at Fireside Flats that furthers pedestrian activity and public transit usage in the Roosevelt neighborhood.” The project name ...

Source: djc.com