Seattle region commercial construction is roaring back to life, surprising developers, contractors and economists.
"In Seattle and Bellevue, new office, retail, medical and condominium projects are either planned or under construction, revitalizing a building industry that just a year ago was hunkered down for a long, slow spell.
...At Seattle's Department of Planning and Development, the value of commercial-construction-permit applications is on pace to hit nearly $1.4 billion this year, a 129 percent increase over 2003.
In Bellevue, the value of commercial-building permits issued this year is on track to grow 40 percent, much of it driven by developers reviving projects mothballed in the worst real-estate downturn in a decade."
Thanks to Felix Sukhenko
FULL STORY: Region again hears sound of building boom
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