The Puget Sound Business Journal hosted a lively and educational evening at the Tacoma Business Forum on February 13th, 2024. Guests had the opportunity to network, eat, drink, and listen to a panel of local business experts. The panel included Imad Bahbah from IHB, Michael McClure from MJR Development, and Emily Hubbard from Sage Investment Group, and was moderated by the South Sound PSBJ real estate expert, Shawna De La Rosa. The panel discussed pressing topics in the Tacoma business sphere, touching on themes of crime, housing shortages, Transit Oriented Developments, and the economic outlook of the city.PSBJ>
Imad had the pleasure of speaking on the "Navigating the Success of a Multi-family Project in the Pacific Northwest" panel on December 5th, 2023. He brought up the advantage of buying property now and starting the design process, so when the market turns in favor of building, developers can be ready to go at the forefront. He also discussed the challenges that regulations are posing to designers and how these challenges can be overcome.
If you're looking for more insight on these topics, get in touch so we can share our knowledge with you!
IHB had the opportunity to network at the Bisnow event in December 2023 in an effort to make connections in the Texas market. IHB Architects is looking to the future and planning to open an office in Austin in the coming year.
January 3, 2024
Puget Sound Business Journal
September 22, 2023
Bahbah told the Business Journal in June that while prefabricated units slightly reduce construction costs, the real benefit is the reduced construction timeline and lower risk of change orders."
Puget Sound Business Journal
September 7, 2023
"A Los Angeles-area developer is moving ahead with plans for a Tacoma apartment tower after the original developer pulled out."
September 28, 2022
"Plans were filed this month to replace a longtime downtown Tacoma parking lot with new apartments spanning four parcels at 1123-1131 Tacoma Ave. S... The apartments are proposed as a modular project, using cold-formed-steel framing and fabricated as fully finished units, according to Imad Bahbah, principal of IHB Architects in Kent who’s also part of the project team."
May 27, 2022
“I think developers are seeing south King County as an opportunity to attract residents that are priced-out of the Seattle market,” Bahbah said about the multifamily residential development boom.
January 24, 2022
"Last week, a mixed-use transit-oriented development (TOD) project broke ground next to Tacoma Dome Station, making it the closest TOD project to the station yet. Named Trax, the project will deliver 115 apartments, an indoor farmers market, and other retail space."
“The construction of an innovative cold-formed steel (CFS) framed apartment building is about to begin in the city of Tacoma, Washington. To expedite the timeline, the 11-story DMG Court will be fabricated as fully finished modular units using lightweight steel framing… The same team plans to develop another 252-unit apartment project, says Imad Bahbah, principal of IHB Architects.”