According to a memo prepared by CEO Jim Rothlin, the goal of the
analysis would be to identify the port’s strengths
and generate a list of businesses that could benefit from
“While the Port has many amenities to offer prospective tenants
at the Industrial Park, it is critical that we find a way to stand
apart from many other location options available to them,” Rothlin
wrote in the memo.
Moctezuma’s Director of
Operations Michael Goronkin said the company saw
Silverdale as a vibrant market to expand into.
“It’s a growing community,” Goronkin said.
“Restaurants out there have been really successful.”
The Kitsap Mall restaurant will be Moctezuma’s largest
location to date, and will employ more than 100 workers, Goronkin
said. Space in the restaurants is evenly divided between the
tequila bar and dining room.
Goronkin said Moctezuma’s decor and food set it apart from other
Mexican restaurants. Decorations are imported from Mexico. Food is
made from scratch, using family recipes.
“We really focus on
execution and make sure every dish pops,” he said “… it’s kind of
an over-the-top experience. You feel like you’re in Mexico.”
Moctezuma’s will fully remodel the Kitsap Mall space before
moving in. Goronkin said the process will take about five months,
meaning the restaurant could open in November.
Overall employment among Kitsap residents has been healthier so
far this year than last.
The county’s labor force (the total number of people working or
seeking work) numbered 117,400 in May, up 2,568 from May of 2015.
And about 2,600 more county residents were working last month than
in May 2015.
Kitsap’s unemployment rate hovered at 5.7 percent.
Housing Kitsap is working with development firm Central Highland Homes on
the proposal, which would add 92 residential units
to the 6.4-acre site.
Housing Kitsap Executive Director Stuart Grogan noted the
property would provide residents easy access to
the college campus, large retail centers and the highway. A
YMCA could even be built on the same hillside.
“It’s sort of a perfect location,” Grogan said.
According to a preliminary plan presented to the
Housing Kitsap board this week, the neighborhood would
incorporate 42 single-family homes on small lots, and a
three-story, 50-unit apartment building.
Half of the apartments would be rented at market rate. The other
25 would be rented to households earning 80 percent of area median
Central Highland would spearhead planning and
development of both the houses and apartment building.
Housing Kitsap would sell the single-family portion of the
property to Central Highland, and proceeds from the land sale would
help pay for the multi-family units. The housing
agency would secure a tax-exempt bond to repay a
Grogan said Central Highland will submit a site plan review
application to the city in the near future.
“Inventory is being squeezed from all directions,” Frank Wilson
of John L. Scott in Poulsbo, said in a statement released
by NWMLS. “With less than two months of inventory, every new
listing seems to draw multiple offers.”
Wilson doesn’t see the inventory crunch easing “for some
time to come.” Even if the Fed raises interest rates, he
believes shortages will persist because of the backlog of
Here’s a graphical look at Kitsap real estate trends: