Snohomish County Real Estate Development Strong In 2015
Snohomish County Washington, located north of Seattle and south of Skagit county, features more than 2,000 square miles of dense forest, mountain wilderness, bountiful farmland, beautiful beaches and, of course, impressive urban development. In the last few years, the abundance of Snohomish County real estate growth has filled a variety of areas in the county with the hope for a stable and prosperous future.
The revival of numerous long-dormant Snohomish County real estate development projects and the introduction of a wide variety of new developments is a win-win situation for everyone involved. With robust business growth and innovation, Snohomish County real estate is experiencing a breathtaking building boom that is providing developers, businesses, the workforce, and the county itself with new and exciting opportunities.
Boeing’s decision to construct a massive 1.3 million square foot 777 wing plant in Everett, Washington is likely to spur a majority of the growth in the Everett area. Residents and business owners alike are impressed by Boeing’s demonstration of a renewed commitment to the area, and that commitment has encouraged numerous businesses to follow their lead. While a wide variety of aerospace supply and support companies have become drawn to the area due to Boeing’s expansion, many other types of businesses are making the county home as well.
- Various office buildings, apartment communities, hotels and retail establishments are quickly making their home in the Lynnwood area.
- The Point Wells Urban Center includes the redevelopment of the existing site to create a mixed-use urban center that offers a sustainable residential community complete with an abundance of commercial/ retail space.
- The new Town Center in Mill Creek provides a variety of amenities for the community. With an abundance of plazas, retail shops and restaurants, Mill Creek residents can now reap some of the benefits that go along with the Snohomish County real estate boom.
- According to a report by Sperling’s Best Places, future job growth in the Edmonds area is predicted to be 40.80% over the next ten years. Such a substantial growth prediction is likely due to the extensive variety of development of Snohomish County real estate.
- The city of Marysville, the second largest city in Snohomish County, offers numerous temporary incentives that are designed to stimulate commercial and industrial activity in the area. Snohomish County real estate has benefited substantially due to these incentives.
Whether you are a new business owner who is just beginning to establish your company, or you are the owner of a business that is already established and are considering expansion, the boom in Snohomish County real estate appears to be creating great opportunities.