Rainier Valley, Seattle

READOUT: SBA Administrator Isabella Casillas Guzman Visits Seattle, Washington to Highlight Economic Recovery of Small Businesses, and Speak at Amazon’s Accelerate Conference

Retrieved on: 
Thursday, October 21, 2021

Seattle, WA, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Administrator Isabella Casillas Guzman , head of the U.S. Small Business Administration (SBA), visited Seattle, Washington this week as part of a national tour highlighting small business recovery and resources available to assist entrepreneurs.

Key Points: 
  • Seattle, WA, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Administrator Isabella Casillas Guzman , head of the U.S. Small Business Administration (SBA), visited Seattle, Washington this week as part of a national tour highlighting small business recovery and resources available to assist entrepreneurs.
  • Mayor Jenny Durkan joined Administrator Guzman to kick off her Seattle visit with a walking tour of small businesses along Rainier Avenue.
  • Later, Administrator Guzman visited Washington Machine Works, a local manufacturing business that has provided full-service machining services to the government and industries since 1985.
  • Washington Machine Works also received COVID relief from the Paycheck Protection Program and the COVID Economic Injury Disaster Loan (EIDL).

Rainier Valley Food Bank Acquires New Building to Expand Community Services

Retrieved on: 
Monday, June 28, 2021

Situated in the heart of the Rainier Valley for over 25 years, the Rainier Valley Food Bank saw a significant increase in demand for its food programs while working in a space that barely contained the staff, volunteers and donations needed to meet the growing community needs.

Key Points: 
  • Situated in the heart of the Rainier Valley for over 25 years, the Rainier Valley Food Bank saw a significant increase in demand for its food programs while working in a space that barely contained the staff, volunteers and donations needed to meet the growing community needs.
  • Like many organizations, Rainier Valley Food Bank was forced to pivot when the pandemic struck in 2020.
  • Rainier Valley Food Bank opened its doors in Seattle's Rainier Valley neighborhood on May 1, 1991, and has been providing crucial services to the surrounding community ever since.
  • Founded as Northwest Community Services, the organization pivoted to become the Rainier Valley Food Bank in 2008, as the nation's economy began to decline and food demand rapidly increased.

New Real Estate Project in Seattle’s Judkins Park Section Breaks Ground

Retrieved on: 
Thursday, March 25, 2021

Real estate development firms Hatteras Sky and Trent Development and capital partner Cresset Diversified Real Estate Capital today broke ground on a new mixed-used mid-rise apartment project at 622 Rainier Avenue, in the Judkins Park Neighborhood of Seattle.

Key Points: 
  • Real estate development firms Hatteras Sky and Trent Development and capital partner Cresset Diversified Real Estate Capital today broke ground on a new mixed-used mid-rise apartment project at 622 Rainier Avenue, in the Judkins Park Neighborhood of Seattle.
  • View the full release here: https://www.businesswire.com/news/home/20210325005767/en/
    622 Rainier Avenue in the Judkins Park Neighborhood of Seattle (Photo: Business Wire)
    The project at 622 Rainier presents unique and attractive TOD opportunities.
  • Based in Seattle, Trent Development specializes in real estate development as well as project and construction management.
  • Cresset Partners, led by private equity entrepreneurs Avy Stein and Eric Becker, united with Diversified Real Estate Capital, led by Larry Levy, to create Cresset Diversified Real Estate, a joint venture partnership focused on core real estate development investments in Qualified Opportunity Zones.