Multi-Housing News: Top 5 Multifamily Projects Under Construction in Seattle
The Seattle job market expanded by a solid 6.0 percent in the 12 months ending in July 2022, with all sectors adding jobs and the job market outperforming the nation by 150 basis points. Where there are jobs, there’s always a need for housing, especially when now oftentimes homes double as offices. Factor in the fact that the multifamily industry has been experiencing unprecedented growth since the onset of the health crisis, developers are even more focused on bringing new, interesting multifamily projects to life in the metro.
Here is a breakdown of the largest projects currently under construction in Seattle. The ranking is based on the number of units, from highest to lowest.
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