Developers Onni Group secured a $200 million construction loan from Goldman Sachs to advance work on a 478-unit residential tower in Seattle's South Lake Union neighborhood. The financing supports ongoing construction efforts on the project, which underscores continued investment in high-density housing amid regional growth.[1]
School Expansions Break Ground
The Lake Washington School District held a groundbreaking for the $65 million Emerson campus expansion in Kirkland, aimed at increasing enrollment capacity with a new two-story building. Separately, construction commenced on a new Issaquah high school following a $99 million contract awarded to Skanska, with the 85,000-square-foot facility slated for completion in fall 2027.[2][4]
In the broader Puget Sound region, the Washington National Guard broke ground on a $58 million Joint Force Headquarters at Camp Murray, part of a long-term facilities modernization with an expected opening in 2028.[3]
These projects coincide with robust hiring in the sector. Onni Group, for instance, is recruiting for roles including construction project engineers at the South Lake Union site, while broader listings show demand for heavy civil, industrial, and project management positions across Seattle-area developments.[5]
Looking ahead, approvals like Beam Reach Partners' twin 15-story office towers in Bellevue position additional large-scale work for imminent starts, potentially expanding employment opportunities through late 2026 and beyond.[6]
Footnotes
- Onni secures $200 million loan for South Lake Union tower
- Lake Washington district holds groundbreaking for $65 million Emerson campus
- Washington National Guard breaks ground on joint headquarters
- Skanska to build new Issaquah high school
- Onni Group jobs in Seattle
- Developer of twin-tower office project in Bellevue