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Real Estate
Larger store will anchor retail development across Highway 16 in Gig Harbor

Plans that first surfaced several years ago to build a new Fred Meyer store in Gig Harbor on the opposite side of Highway 16 from the existing store are moving ahead, and site work could begin later this year.

The new store would anchor a planned retail development to be built along the west side of Point Fosdick Drive north of Olympic Drive, and would include land that has been used by Fife RV at the north end of the property. Fife RV is closing its Gig Harbor dealership and currently advertising a liquidation sale. read more »

Companies get creative to transform buildings in wake of retail vacancies

The exterior of the Harrison office building, which used to be a Michaels craft store.When Harrison Medical Center wanted to relocate its support services such as human resources and payroll from its cramped Bremerton campus, the organization made an unusual choice. Instead of breaking ground on new construction or leasing existing office space, the hospital system redesigned a building formerly used as a go-cart track and Michael’s craft store.  read more »


From Gig Harbor to Bainbridge Island, downtowns appear to prove that the economic recovery is giving small businesses their due. If commercial real estate activity seems sporadic in most cities, it’s because the number of building vacancies is smaller — in contrast to several years ago. read more »

Real Estate

Area outlined in this aerial photo shows the property along Bethel Road in Port Orchard owned by Home Depot that is for sale. (Photo courtesy Home Depot)The site where Home Depot once had considered building a store in Port Orchard is now for sale, with an asking price of $7.4 million for the 20.74-acre property south of the Walmart supercenter on Bethel Road.

“We’re opening very few new stores,” said Brian Cannard, real estate manager for Home Depot in Seattle. He said the Port Orchard location — which was purchased before the recession — did not have sufficient sales projections for the company to invest in building a store there. read more »

Real Estate

Real Estate Market Stats 2013Isn’t it time for some good news about the economy? We think so! That’s why after six years in the economic doldrums, we are excited to see trends that show significant improvement in our Kitsap marketplace.

Collective wisdom says it was the housing market that led the downturn and that housing must lead the way back up again — and that seems to be the scenario emerging here. New home construction is experiencing a revival in Kitsap County. read more »

Real Estate — Peninsula Roundup

An artist's rendering of what the completed Bainbridge Island Museum of Art will look like. The museum is scheduled to open in June.Although the recovery in the commercial real estate sector is slow, the past year has seen increased activity in new construction. There are various projects in the works or on the drawing board around the Greater Kitsap Peninsula, as well as numerous tenant improvement projects, which continue to see strong interest.

Below is a roundup of some of the commercial construction activity happening around the West Sound read more »

Real Estate

Charlie Wenzlau stands outside of Ericksen Cottages, a pocket neighborhood he designed in downtown Bainbridge. The community includes 11 small-footprint cottages situated around a common courtyard (part of which can be seen behind him.)When it comes to influence on the look of Bainbridge Island’s Winslow area, perhaps no one has as much claim as Charlie Wenzlau. The island-based architect has designed 10 projects within a few blocks alone and has had his creative fingers in such downtown landmarks as the San Juan building by the ferry, Madrone Village downtown, and The Winslow mixed-use project at the corner of Winslow Way and Ericksen. read more »

Real Estate

Tad and Sally Fairbank of Fairbank ContructionThe construction industry is slowly turning the corner, and when things kick into high gear, Fairbank Construction Co. wants to be ready. Earlier this year, the company opened an office in Seattle and owner Tad Fairbank expects to add 15 people to the existing 60-employee base by the end of the year.

“Residential is seeing the biggest growth. We work with 25 architects and all are busy — this is all happening in the past six months to a year,” he said. “We’re feeling pretty good.” read more »

Real Estate

Kevin Ryan, left, and Dan RyanThe work of Tim Ryan Construction is familiar to many people around Kitsap. The company built such notable buildings as The Doctors Clinic on Myhre Road, Harrison Urgent Care in Port Orchard, Trophy Lake Golf clubhouse and Poulsbo Village Shopping Center. It has also worked on major renovation projects such as the Bremerton Bar & Grill, the LEED Platinum-certified Rice Fergus Miller headquarters in Bremerton, and the High Point Shopping Center in Port Orchard. read more »

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