The Market

The rising population and traffic congestion of King and Pierce County metro areas are causing eyes to be cast on Kitsap County as a better living alternative. With two bridges linking it to Tacoma, and three auto-ferry routes providing regular service to Seattle, twenty percent of Kitsap County’s working population has chosen to commute. Locally, the other eighty percent have created a strong economy through military, service, manufacturing, and construction jobs.

The middle-income market is the largest in residential real estate with a strong and growing demand for mixed-use living space near secondary urban centers. Demographics show that shrinking household sizes and aging baby-boomers are creating a need for low maintenance living. This middle-income market is being bypassed by larger developers who concentrate on upper level market projects in the larger urban centers of Seattle and Bellevue. In Nor'west Urban Solutions' market, competition is limited to small development companies that create spec housing and commercial space; most of these are not creating green urban infill.



Social and/or Environmental Impact

Reducing urban sprawl and creating sustainable green development are the driving social goals behind the funds managed by Nor'west Urban Solutions LLC. Architecture and construction are part of a highly regulated real estate development industry that often does not meet the long term needs of our complex society. By following the intent of the Washington State Growth Management Act, and the tenets of new urbanism, we will bring sustainable middle market mixed-use projects to market.