John Stearns

Sammamish

Staff Writer at 425 Business

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Articles

South Sound Housing Affordability Partners OK First Investment to Build Affordable Homes

1 week ago | southsoundbiz.com | John Stearns

The South Sound Housing Affordability Partners, also known as SSHA³P and pronounced "shape," approved the group’s first major investment to help build affordable housing in Pierce County, the county announced Wednesday in a news release. The group voted to commit up to $966,000 to support future construction of up to 28 homes for families earning below 80% of the area median income, or AMI.
Celebration, Tours Planned for New Affordable-Housing Project in Renton

1 week ago | 425business.com | John Stearns

A grand opening is planned Saturday for a new affordable-housing project in Renton that will include tours, activities for children, food trucks, and entertainment between 2-6 p.m.The Astra, a 275-unit apartment complex at 2955 NE 11th St., was built through public and private interests working together to fund to the roughly $115 million project for working households.
Celebration, Tours Planned for New Affordable-Housing Project in Renton

1 week ago | 425magazine.com | John Stearns

A grand opening is planned Saturday for a new affordable-housing project in Renton that will include tours, activities for children, food trucks, and entertainment between 2-6 p.m.The Astra, a 275-unit apartment complex at 2955 NE 11th St., was built through public and private interests working together to fund to the roughly $115 million project for working households.
Bothell's Portal Space Systems Announces Spacecraft Manufacturing, Hiring Plans

1 week ago | 425business.com | John Stearns

Space startup Portal Space Systems plans to expand its manufacturing facility and workforce in Bothell, according to an announcement Tuesday during a press conference at the Washington state exhibit that's part of the 2025 Paris Air Show in Le Bourget, France. The news was shared by the company and Washington State Department of Commerce Director Joe Nguyễn.
U.S. Businesses Report Steady Outlook Amid Economic Uncertainty

1 week ago | 425business.com | John Stearns

Small and middle-market businesses across the United States report measured optimism about the direction of the economy and their 12-month prospects for growth compared to a year ago, despite a mixed outlook over the economic headwinds, including the potential impact of global tariffs, according to Umpqua Bank's 2025 Business Barometer findings released Tuesday.
Right at Home Care Provider Expands Into South King County

1 week ago | southsoundbiz.com | John Stearns

A longtime Seattle-based owner and administrator of a caregiving services provider in King and Pierce counties recently expanded operations into a new area in South King County, largely to help underserved senior and disabled adult populations needing in-home medical care, other assistance in their homes, or simply companionship.
Kirkland Group Buys Closed Fife Motel, Plans Conversion to Apartments

1 week ago | southsoundbiz.com | John Stearns

A closed, former motel in Fife that was vandalized and damaged by fire is set to get a major renovation for conversion to much-needed affordably priced housing, its buyer has announced. Kirkland-based Sage Investment Group — which buys and converts underutilized properties into what it calls attainable housing and already has seven such projects in Fife and Tacoma — last month bought the former Rodeway Inn at 3100 Pacific Highway E.
Gig Harbor Rec Center Plans Opening Celebrations, Launches Capital Campaign

1 week ago | southsoundbiz.com | John Stearns

The Peninsula Metropolitan Park District, or PenMet Parks, plans to cut the ribbon on its new $31.6 million Recreation Center in Gig Harbor this evening at 5, followed by a grand-opening celebration on Saturday. Shuttles to the ribbon-cutting are available from Ocean 5, located at 5268 Point Fosdick Dr., and Henderson Bay High School, located at 8402 Skansie Ave. The Recreation Center, located at 2524 14th Ave.
Kirkland Group Buys Closed Fife Motel, Plans Conversion to Apartments

1 week ago | 425magazine.com | John Stearns

A closed, former motel in Fife that was vandalized and damaged by fire is set to get a major renovation for conversion to much-needed affordably priced housing, its buyer has announced. Kirkland-based Sage Investment Group — which buys and converts underutilized properties into what it calls attainable housing and already has seven such projects in Fife and Tacoma — last month bought the former Rodeway Inn at 3100 Pacific Highway E.
Longtime Mercer Island Private School Moving to Bellevue

2 weeks ago | 425business.com | John Stearns

Yellow Wood Academy, a private school that has called Mercer Island home since 1981, is preparing to move to a new location in Bellevue for the 2025-26 academic year, which starts on Sept. 3.