110-lot subdivision approved in West Hills

Tad Sooter , Kitsap Sun BREMERTON — A hearing examiner decision last month paves the way for 110 single-family home sites in the West Hills area of Bremerton. Bremerton Hearing Examiner Theodore Hunter approved a preliminary plat March 7 for the Wright Creek subdivision, owned by Poulsbo-based Olympic Property Group. The 110-lot neighborhood is planned off Third Avenue, southeast of Pendergast Park and west of the Sunn […] Read more »

Kitsap Housing College Market Place & Old Police Station apartments pre-application conference

The City of Poulsbo has scheduled a pre-application conference to discuss the submitted applications for Kitsap Housing College Market Place Track 8 and Vanaheimr Apartments (Old Police Station) Kitsap Housing College Market Place Track 8 The proposed development is a multi-family development in the Olhava Master Plan with a medium-density residential land use for 100 medium-density units on 8 net acres. The proposal will consist […] Read more »

West Bremerton’s median home price soared 30 percent in 2016

Tad Sooter, Minding Your Business Blog, The Kitsap Sun West Bremerton has long been a bastion of affordable housing in Kitsap. The county’s largest city remains its cheapest housing market. But even in Bremerton, costs are shooting up. The median price for homes sold in West Bremerton climbed from $145,000 in 2015 to $190,000 in 2016, according to Northwest Multiple Listing Service statistics. The 30 percent year-over-year […] Read more »

$15M Spyglass Hill Apartments open in Bremerton

Josh Farley , Kitsap Sun BREMERTON — Jireh Soriano wanted to live in the place in Kitsap “where everything’s gonna be.” The Illahee resident would gladly shed his car for a walkable commute. He wants to live near the restaurants where he dines, the stores he shops, the pubs where he meets friends. On Friday, the 33-year-old and his girlfriend, Gem Masikat, signed a lease […] Read more »

Port Orchard apartments sell for $38 million

Minding Your Business, Tad Sooter , tad.sooter@kitsapsun.com A California company has acquired Port Orchard’s Arbor Terrace apartments for $38.15 million, according to Friday news release. Los Angeles real estate company New Standard Equities and an affiliate of Brixton Capital bought the 276-unit Sidney Avenue complex earlier this month. New Standard Equities also owns the former Bremerton Gardens apartments — rebranded as Sea Glass Village — and purchased Village Fair in Central […] Read more »

Kitsap ends year with strong home sales, weak inventory

Tad Sooter, Minding Your Business Blog, Kitsap Peninsula Journal of Business A year ago we wrote about surging home sales, a shortage of listings and steadily rising prices. Twelve months have passed, but the storylines remain largely the same. Kitsap’s real estate market closed 2016 with strong sales, a depleted inventory and a higher median home price, according to numbers released by Northwest Multiple Listing Service. Pending […] Read more »

County creating plan to help Silverdale redevelopment

Tad Soorer, Kitsap Sun SILVERDALE — If county planners could redraw Silverdale they might sketch a town with more apartment buildings and fewer strip malls, more walking paths and fewer parking lots. But Silverdale isn’t a blank canvas. While the county’s new comprehensive plan laid out a vision for a denser, more walkable regional center, Kitsap Special Projects Manager Eric Baker said achieving those goals will require […] Read more »

Kitsap economy highlighted in Puget Sound Business Journal

The Puget Sound Journal of Business recently published a special report profiling Kitsap County’s economic advantages and opportunities. Featured stories discussed opportunities for the technology industry, talent and workforce, workforce education, housing and business costs, and Kitsap’s role and opportunities as part of the Puget Sound regional economy. The special section also includes stories on the Fast Ferry Proposition and interviews with Kitsap Bank CEO, […] Read more »

Commercial real estate roundup: South Kitsap timberland sells for $9M

Tad Sooter, Minding Your Business, Puget Sound Blogs A massive swath of South Kitsap changed hands this summer. In June a buyer paid $9.25 million to McCormick Land Company for nearly 2,000 acres of timberland south of McCormick Woods. The deal highlighted a busy spring and summer for commercial land transactions in Kitsap County. Below is a roundup of other high-profile sales recorded from April through July, with details from assessor’s documents […] Read more »

Application filed for Bainbridge Landing development

Tad Sooter, Minding Your Business Blog, Puget Sound Blogs Plans are moving ahead for a 140-unit housing development near the Winslow ferry terminal. Bainbridge Landing would incorporate 115 apartments and 25 town homes on a 4.7-acre lot on Ferncliff Avenue, just north of the Harbor Square condominiums. Site plan. Click to enlarge. Owners have submitted subdivision and site plan review applications for the project, according to a notice published by the city […] Read more »