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Kato
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| Joined: | Thu Jan 19th, 2006 |
| Location: | Architect, LEED AP |
| Posts: | 444 |
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Posted: Thu Oct 2nd, 2008 04:28 pm |
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| Compared to where I am on the East Coast, I am under the impression that there is a lot of construction going on in western Washington State. Is this true? Does anyone care to elaborate?
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NewtoVirginia
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| Joined: | Wed Sep 24th, 2008 |
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| Posts: | 40 |
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Posted: Sat Oct 18th, 2008 12:44 am |
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| Yes the west coast in general has more activity that the east coast . Seattle area is booming from some of my friends telling me.
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C to the E
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| Joined: | Tue Jun 24th, 2008 |
| Location: | Bellevue, Washington USA |
| Posts: | 22 |
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Posted: Mon Oct 20th, 2008 11:39 pm |
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From where I'm at...there are alot of mixed use construction projects, but no new ones in the design phase. In the next 1-2 years, the CA phases will be drying up.
Overall, Seattle/Bellevue has been insulated from the craziness elsewhere in the country (I have intern friends in Palm Springs and Las Vegas). But leave no doubt, it's not like it was 2 years ago.
Looking into my crystal ball, there are so many condos/apartments being built in Seattle and Bellevue (a small seattle a stones throw away), that there could be a bust. I have a very difficult time believing that they will all be full. There are already vacancies and 70% have yet to be completed and occupied.
Developers have no qualms about renting/selling for super high prices. They have been able to get away with it due the huge demand the last 5 years to live in urban centers. It's no New York...but $950 for 380 sf and no view and no parking place... <ouch!>
Last edited on Mon Oct 20th, 2008 11:41 pm by C to the E
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Kato
Member
| Joined: | Thu Jan 19th, 2006 |
| Location: | Architect, LEED AP |
| Posts: | 444 |
| Exams Taken: | PD, GS, LF, ME, BD/MM, CD, SP, BP, BT | | Exams Passed: | PD, GS, LF, ME, BD/MM, CD, SP, BP, BT | | Describes Me: | |
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Posted: Tue Oct 21st, 2008 12:31 pm |
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| I asked the question because I noticed that CB Richard Ellis is hiring a lot of project managers in that area compared to the rest of the country, implying that there is a pipeline of architecture projects there.
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