Ulta Beauty planned for Trails at Silverdale

imagesWe still haven’t heard any official tenant announcements from The Trails at Silverdale developers. Names keep popping up anyway.

The latest is Ulta Beauty,  a national beauty products retailer and salon. Ulta applied for a tenant improvement permit for a Trails at Silverdale store space on May 14, according to county documents.

Ulta already has quite a few Western Washington locations. This will be the first in Kitsap.

Last week we noted Gap was seeking employees for a new outlet store at the Trails. Gap has also applied for a tenant improvement permit.

Building construction is well underway at the Greaves Way shopping center, which is expected to open later this year.

Poulsbo CVS selling adjacent parcel

cvs

When a CVS was first approved in Poulsbo, plans called for both a pharmacy and a fast food restaurant. 

The drug store opened in February. The restaurant never materialized.

Now CVS is selling the leftover parcel on Highway 305. Colliers International listed the 1.07-acre property for $1.25 million.

The assessed value of the lot is about $285,000.

The CVS property is located on the northeast corner of Highway 305 and Hostmark Street. A large retail building was torn down to make way for the development.

You can view the listing here.

East Bremerton Haggen opening May 28

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The Albertsons in East Bremerton will become a Haggen Northwest Fresh store a week from now.

The Wheaton Way Albertsons is scheduled to close May 26 for conversion, and reopen May 28 under the Haggen banner.

Here’s the schedule provided by Haggen:

Bremerton- Albertsons Store at 2900 Wheaton Way

  •  6:00 pm, Tuesday, May 26 – Store closes
  • 12:01 am, Wednesday, May 27- Haggen takes ownership of the store
  •  4:00 pm*, Thursday, May 28 – Store opens as Haggen (*Opening time is tentative)
  • NOTE: The pharmacy will remain open during the conversion starting late morning May 27

Two other Kitsap grocery stores have already converted to Haggen. A Silverdale Albertsons and Port Orchard Safeway made the change in March.

Bellingham-based Haggen acquired 146 Albertsons and Safeway stores this spring as part of a divestiture required for the merger of the two grocery titans.

You can read all my posts about Haggen’s arrival in Kitsap here. Haggen posted a FAQ about store conversions.

Poulsbo Sonic getting built in a hurry

sonic

After months of inactivity, Poulsbo’s future Sonic Drive-In is getting built in a hurry.

Walls started going up last week at the site off Viking Way at Highway 305. Much of the structure took shape over the weekend. Workers were busy framing Sunday morning.

sonic2The highly-anticipated fast food joint was initially expected to open late last year. Alterations to the site plan delayed construction. The city issued a building permit for the project April 13.

The 2,150-square-foot restaurant will be somewhat unique for the chain. Last we’d seen, the building designs included a patio seating area with garage-style doors that could be rolled up during sunny weather and closed when it’s cold.

I’ll let you know when I hear an opening date.

Kitsap brewer takes action to defend brand

Screen Shot 2014-06-20 at 5.15.34 PMWith hundreds of Washington microbreweries producing countless varieties of beer, some trademark conflicts are inevitable.

Kendall Jones of the informative Washington Beer Blog posted this week about one such brand kerfuffle involving a popular Kitsap brewery.

According to Jones, Three Magnets Brewing Co. of Olympia renamed its Rainy Day IPA after receiving a cease-and-desist letter from Rainy Daze Brewing Co. of Silverdale.

Rainy Daze owner Mike Montoney told Jones he didn’t want to take legal action against another brewery, but felt it necessary to protect the brand he’s worked to build.

For its part, Three Magnets said the IPA in question was named in honor of Rainy Day Record Co., an iconic store in Olympia. The beer has been renamed 3Mag Rain IPA.

Read the full story on the Washington Beer Blog.

In happier beer news, Rainy Daze just won the Favorite Brew Award at the Gig Harbor Beer Festival for the second year in a row.

Ribbon cutting set for Clearwater Casino hotel

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Casino1_13289723_ver1.0_640_480A ribbon cutting ceremony for the Suquamish Tribe’s new Clearwater Casino Resort hotel tower is set for 3 p.m. May 18.

The 98-room hotel was part of the second phase expansion at the Clearwater.

The new addition includes The Clearwater, a fine dining restaurant that opened May 6. The new Beach Glass Cafe and Beach Bru Coffee shop opened Tuesday.

A large conference room was also built into the hotel addition.

The Monday ribbon cutting event will include speakers, tours and a reception.

You can read our February story on the Clearwater hotel expansion here.

Kitsap businesses enjoyed record-setting fourth quarter sales

The fourth quarter of 2014 was kind to Kitsap County retailers.

Taxable sales across all industries in Kitsap were up 4.26 percent in October, November and December of 2014, compared with the same months of 2013.

Retail trade sales (sales made by traditional stores, dealerships, etc.) were up 5.56 percent, according to numbers released Monday by the state Department of Revenue.

Retailers posting the largest revenue gains in 2014 included auto dealers, drug stores, building material sellers, home furnishing stores and e-commerce enterprises.

More impressive than the year-over-year gains, sales in the fourth quarter of 2014 actually topped pre-recession highs:

With the fourth quarter numbers in the books, we can see how 2014 stacked up against previous retail years. While retail trade sales have rebounded from the recession, other industries are still catching up:

Gap hiring for Trails at Silverdale store

2000px-Gap_logo.svgWell, we can confirm at least one tenant for the Trails at Silverdale shopping center.

It appears Gap is hiring up for a new outlet store at the Greaves Way development, which is currently under construction. There is already a Gap and GapKids store at the Kitsap Mall. 

We’ll let you know when we get confirmation of other tenants. Plans show spaces for about two-dozen tenants, including big box stores, smaller retailers and restaurants.

The county has so far issued building shell permits for four Trails buildings.

If you’re interested in following progress at the worksite, contractor Robinson Construction Co. has posted a nifty webcam on its website, along with some impressive aerial photographs.

California-based Trails at Silverdale developer CenterCal Properties, LLC. is staying busy in Washington. The company recently bought the Totem Lake Mall in Kirkland, and plans a $200 million redevelopment of the aging shopping center.

Avalara’s McFarlane named ‘CEO of the Year’

Bainbridge Island-based Avalara has been making waves lately, and the tech world has taken notice.

News site GeekWire named Avalara executive Scott McFarlane “CEO of the Year” at its 2015 awards ceremony last week.

The site noted the $100 million investment Avalara recently received, which spurred even more growth at the 800-employee business.

According to GeekWire, McFarlane studied economics at Claremont McKenna College in California, and founded a fitness equipment company with his college roommate. He’s been with Avalara since its founding in 2004.

“I might be the luckiest person on earth,” McFarlane said in his acceptance speech. “I have great investors and great Avalarians that bleed orange every single day. This is for you guys.”

Avalara specializes in sales tax compliance software.

Kitsap home prices may finally be headed up

For a while it seemed Kitsap’s real estate market was defying the basic law of supply and demand.

Real Estate for sale in Bremerton on Wednesday, January 16, 2012. MEEGAN M. REID / KITSAP SUNSales were high, inventory was low, but somehow prices hardly seemed to budge.

That trend appeared to changed over the last couple of months.

The median price for a home in Kitsap was about 7 percent higher in March of this year than in March 2014, according to numbers from Northwest Multiple Listing Service.

April saw a more convincing 9 percent year-over-year price jump (see chart below).

The median price of a home (including condos) topped $250,000 in April, already rivaling last year’s peak summer prices. Bainbridge Island set the pace with a median price of $641,500.

The median asking price for active listings in April was $297,950, 11 percent higher than April 2014.

Here’s a peek at price trends:

Familiar sales and inventory trends continued through April. Pending sales activity remained strong and the inventory of available homes remained extremely low.

The months supply of homes — the number of months it would take to sell off all the homes on the market if no listings were added — slipped to 2.38.

That’s a low supply, but actually just about average for Western Washington at the moment. King County recorded a 1.3-month supply in April, as Northwest MLS reported record pending sales across the region.

Here’s a graphical look at sales and inventory trends in Kitsap: