Ballots are now in the mail for the August 1st Primary Election, and to help NAIOP members support business-friendly candidates in key local races. Please see our Primary Election Voting Guide for voting insights. It recommends the top two most business-friendly candidates in important local races.
Log in to your NAIOPWA member profile to access the complete report. To join, please reach out to Danielle Duvall, [email protected].
Read the rest of the report, including exclusive bill tracking, using your NAIOPWA member profile. For more information about joining, email Danielle Duvall, [email protected].
On Monday at 2:00 the State Economic Forecast Council will release the final economic forecast that the biennial budget will be based upon. The Senate is expected to make their budget public sometime next week, and on Friday the Senate Ways and Means committee will hold a marathon public hearing on the budget.
Join now to read the full report. For more information, contact Danielle Duvall, [email protected].
To access the full report, log in to your NAIOPWA member profile. Now is a great time to join the association and get access to exclusive legislative updates like this one. For more information, contact Danielle Duvall, [email protected].
NAIOP Washington State members have full access to our state legislative reports. For more information about joining, please contact Danielle Duvall, [email protected].
To view NAIOP's bill tracking report and the full legislative update, log in to your NAIOPWA member profile by clicking below.
For more information about becoming a member, contact Danielle Duvall, [email protected].
Log in to your NAIOPWA member profile to see the status of the bills we are following and committee hearings next week.
For more information about joining NAIOP and receiving exclusive legislative updates, contact Danielle Duvall, [email protected].
I will provide a more detailed update of which priority bills have moved out of committee after February 17.
For more information about joining NAIOP and gaining access to exclusive legislative reports, contact Danielle Duvall, [email protected].
The 2023 session of the Washington State Legislature convened on January 9 for a 105-day legislative session. This is the first since 2020 to completely return to Olympia for both committee hearings as well as floor action. One addition to the legislative process is the complete integration of hybrid legislative hearings allowing for both in person testimony as well as remote testimony allowing individuals who cannot make the trip to Olympia to participate in hearings from around the state.
Per tradition, the first few days were dedicated to the organization of the legislature, the swearing in of public officials, as well as a state of the state address from Governor Inslee in which he presented his priorities for the legislative session. Governor Inslee outlined several policies including significant increases in spending on housing, homelessness, behavioral health, and education. He also advanced policies on gun control and abortion rights.
The past year’s COVID shutdown and restrictions were especially hard on the restaurant and entertainment industries. Despite the tough times, there have been some positives that have come from the pandemic. There have been many new restaurants, bars and businesses that have opened up over the past year in Washington’s South Sound. To celebrate the innovation that has resulted from challenging circumstances, we are going to share a few uplifting success stories. Many of these places have creatively adapted their business models to government orders or designed a space that allows for optimal ventilation and spread-out seating to keep the public safe and remain compliant with COVID opening regulations.
Below are just a couple of the South Sound eateries that have opened up over the past year, highlighted and shared by our NAIOP South Sound Committee Members.
The University of British Columbia bested both Portland State University and the University of Washington to emerge as the victor of the 18th Annual NAIOP Washington State Real Estate Challenge!
Teams evaluated the highest and best use for the Alexandria Real Estate-owned site at 1600 Eastlake, which sits at the center of Alexandria’s Eastlake biotech campus. As the site sponsor for the Challenge, Alexandria tasked students with creating a feasible development proposal that would enhance the surrounding biotech campus, enliven the neighborhood, and adhere to Alexandria’s commitment to sustainability.
We need housing near jobs, transit, and opportunity. The Housing Supply and Affordability Act (HSAA) creates a new Local Housing Policy Grant (LHPG) program administered by the U.S. Department of Housing and Urban Development (HUD). The proposed program would provide grants to states, localities, tribes, and regional municipal and county coalitions to support local efforts to expand housing supply.
The HSAA complements legislation such as the bipartisan Yes in My Backyard (YIMBY) Act, which encourages local governments to eliminate exclusionary zoning and discriminatory land-use policies by providing the resources and capacity to enable entities to enact said policies.
With state and local energy codes marching unflinchingly towards a zero-carbon future, projects seeking to show deep sustainability commitments by going beyond energy code requirements are faced with fewer compelling design options. This may be especially true for large scale projects or multi-building developments, many of which have unique constraints on space and more limited system options. Efficiency focused electric district energy systems, or low-carbon energy districts, have been seeing more widespread adoption in the Pacific Northwest and can help fill this unique niche.
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| Image courtesy of McKinstry |
Low-carbon energy districts are communities of buildings connected via common energy infrastructure and systems, designed and operated together with a common goal of reducing carbon emissions and utility energy usage. They include many or all of the following attributes:
Bryce Taylor has been a fixture of the NAIOP community for over 30 years. He got involved in the early ‘90s to jumpstart his career, at the behest of Ted Sive with Lease Crutcher Lewis. Bryce says he “joined NAIOP and immediately got involved with the Community Enhancement Committee – and never regretted it.” Throughout decades of uncertainty and change, Bryce has remained connected to his colleagues through our association. “I have developed hundreds of great relationships through NAIOP.”
We interviewed Bryce about his involvement with NAIOP, the arc of his career, and the impact he’s had on the industry and community.
Washington is the #9 state in the U.S. for contributions to state GDP created by office real estate development. Overall, construction and development of office, industrial, warehouse and retail created and supported 54,983 related jobs and contributing $8.9 billion to the state’s economy in 2020 (the most recent data available).
The data is from “Economic Impacts of Commercial Real Estate, 2021 U.S. Edition,” published annually by the NAIOP Research Foundation.
NAIOPWA is a member of the Partnership for Affordable Housing. We are committed to policies that increase housing creation, access, and affordability. Legislators are considering a rent control bill that would have grave consequences for housing creation and long-term access to affordable housing. SB 5139 would impose the strictest rent control in the nation.
