COMMERCIAL AND RETAIL CENTER REMAINS TOP PRIORITY
“We are finding
considerable commercial
and retail interest in
Issaquah Highlands
in spite of the incredible
economic challenges in the
market. Developers, investors,
and retailers are recognizing
all the great things Issaquah
Highlands others. This is a true
testament to Port Blakely’s
preparation and commitment
to complete what
it set out to do.”
– Jim Reinhardsen,
Heartland
The economic reset has caused the entire real estate and retail industries
to rethink their future strategies and expansion plans. In response, Port
Blakely has repositioned itself as master developer by focusing on building
the right teams, partnerships and relationships to help guide successful future
development in Issaquah Highlands.
Over the past year, the company has
explored partnerships with real estate
developers and investors to complete the
next phase of commercial development.
A team of highly-capable industry experts
have made it their top priority to accelerate
sales and marketing of the community’s
central retail area. The good news is that
interest has increased from reputable
partners who are attracted by the vibrant
community and significant construction
activity underway. Construction projects
that encircle the town center area serve as
a strong catalyst for attracting core retail
development – like a grocer and cinema –
to Issaquah Highlands.
Recently, a platform for future development
was defined that will meet the
interests of residents by bringing new
services to the community. Conversations
with a strong and well-funded developer
are underway and Port Blakely is
optimistic. While any formalized agreements have yet to be signed, the team is
working hard every day to bring to this community the services residents want
most. Updates will be announced once any agreement has been finalized.
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