Bold moves in housing for 2025: Hope, trauma, and action
In 2025, Snohomish County faced the stark realities of Washington’s escalating housing crisis while communities pursued innovative solutions. Below are the highlights of our housing coverage in 2025. The ‘Housing Governor,’ Ferguson goes all in with a bold $244 million plan to tackle Washington’s housing crisis On December 18, 2025, Governor Bob Ferguson announced a $244 […]
Port of Everett seeks development partner for Waterfront Place Gateway Project
EVERETT—The Port of Everett has issued a Request for Statement of Qualifications, launching its search for a quality development partner to bring the gateway parcels of its billion-dollar mixed-use development, Waterfront Place, to life. Located at the front door of Waterfront Place, at the largest public marina on the West Coast, this development opportunity offers […]
Lynnwood Council greenlights a new $600 million vision for the Lynnwood Event Center
LYNNWOOD—The Lynnwood City Council on Monday, October 13, greenlit a series of pivotal motions spearheaded by Councilman David Parshall propelling the Lynnwood Public Facilities District’s (LPFD) ambitious $600 million Master Phasing Plan forward. The Council also approved changes to the Lynnwood Municipal Code. Councilman Patrick Decker did not attend Monday’s council meeting. “The Development Agreement […]
Lynnwood Public Facilities District will be front and center at the upcoming Council meeting
LYNNWOOD—Voting related to the Lynnwood Public Facilities District (LPFD) will be front and center at the upcoming Monday, October 13, City Council Meeting. The Council will vote on whether to approve a LPFD Master Plan and Development Agreement, a $15 million loan backing for the LPFD, and the construction of roads around the LPFD. To […]
American Capital Group acquires land for new 316-unit Multifamily housing in Lynnwood
LYNNWOOD—Bellevue-based commercial real estate agency American Capital Group recently acquired most of the land which will be used to build an upcoming, seven-story, 316-unit multifamily apartment project in Lynnwood near Alderwood Mall on 4001 198th Street Southwest. The current property was purchased for a total of $9.5 million last week bringing the total investment by […]
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 […]
