Lynnwood Council approves $6.4 million tax exemption for new 318-unit mixed-use development
LYNNWOOD—The council unanimously approved the mayor to enter into an eight-year $6.4 million Multifamily Tax Exemption (MFTE) for ACG Acquisitions, LLC, the developer of the new 318-unit mixed-use housing development, ENSO. The Multi-Family Housing Property Tax Exemption (MFTE) program began in 1995, codified as RCW 84.14, to incentivize residential development in urban centers, designated as […]
Lynnwood Public Facilities District meeting on February 6
LYNNWOOD—The Lynnwood Public Facilities District, now called “The District,” will conduct a hybrid meeting to take place at the Lynnwood Public Facilities District Conference Room located at 3815 196th St SW in Lynnwood. Participants may also zoom into the meeting. The next meeting is scheduled for February 6, 2024. Meeting date and time: 10 a.m. – […]
Lynnwood PFD holds impromptu Special Meeting providing no remote access
LYNNWOOD, Wash., November 9, 2023—The Lynnwood Public Facilities District (PFD renamed the District) held an impromptu Special Meeting Thursday, October 26, to discuss its By-Laws and Charter changes. For the first time in years the District did not include a zoom link to this meeting limiting public access. The notice of a Special Meeting was […]
PNW welcomes first ever drive thru Shake Shack in Lynnwood
LYNNWOOD, Wash., September 6, 2023—Shake Shack, the popular New York City-based burger chain, officially opened its newest location in Lynnwood at 18800 Alderwood Mall Parkway, Wednesday, September 6. This is the restaurant’s fourth Washington location and its first ever Drive Thru in the Pacific Northwest. Shake Shack also has Washington locations in Downtown Seattle, Seattle’s […]
196th Street improvements paves way to Lynnwood’s ongoing renaissance
LYNNWOOD, Wash., August 15, 2023—After years of planning and actual years in the making, motorists commuting through and to Lynnwood can now breathe a sigh of relief: major construction on 196th Street has finally come to a close. In addition to the nearby future Sound Transit Lynnwood Transit Center just south of 196th Street, construction […]
Colliers facilitates self-storage property sale in Lynnwood
LYNNWOOD, Wash., July 23, 2023—Leading diversified professional services and investment management company Colliers is pleased to announce the sale of Northlynn Mini-Storage, a self-storage property in the Lynnwood area. Colliers’ De Jong – Becher Self Storage Team, consisting of Jacob Becher, Nate Fliflet, Dana Chobor and Tom de Jong, represented the seller, Lanswell Development Corporation, […]
Shake Shack is opening a location at Alderwood Mall in Lynnwood
LYNNWOOD, Wash., May 22, 2023—Shake Shack, the popular New York City-based burger chain, is opening a location at 18800 Alderwood Mall Parkway in Lynnwood. The opening date, however, has not yet been publicly announced. Last month, Matt Wilson with Chandler Signs on behalf of Shake Shack, applied for a variance associated with sign permits for […]
Downtown Lynnwood is getting a new entertainment district
LYNNWOOD, Wash., February 24, 2023—Big things are coming for the Lynnwood Event Center and surrounding 13-acres of land, as the Public Facilities District (PFD), now called The District, aims to redevelop the downtown core as a live, work, play, entertainment destination for the region. The Master Plan in its current form would include a parking […]
Lynnwood church in full-force at Sound Transit forum as West Alderwood route threatens century-old building
EVERETT, Wash., February 18, 2023—Hundreds of churchgoers packed into Cascade High School on February 15 to voice concerns on Sound Transit’s West Alderwood section proposal extending light rail directly in the path of their church—jeopardizing the century-old institution. Since 1920, Alderwood Community Church, located at 3403 Alderwood Mall Boulevard in Lynnwood, has offered its community […]
$46 million acquisition of Northview Corporate Center in Lynnwood by Nitze-Stagen
SEATTLE, Wash., August 31, 2022—Nitze-Stagen, a leading Seattle real estate development, investment, and management company, announced yesterday that it has purchased the Northview Office Building located at 20700 – 44th Avenue in Lynnwood, for $46 million. The office building will be part of Nitze-Stagen’s Opportunity Zone portfolio and further its commitment to owning and managing […]
