Stay informed about business news and updates in Olympia, WA.
Locust Cider, a cidermaker from Gig Harbor, Washington, has closed seven taprooms, including popular locations in Tacoma and Olympia. This follows the earlier closure of the Tacoma taproom, highlighting ongoing challenges in the post-pandemic economy. Owners Jason and Rebecca Spears stated that while the decision was painful, it was necessary for the company's future, and they remain committed to their mission.
Locust Cider, a cidermaker from Gig Harbor, Washington, has announced the closure of seven additional taprooms due to pandemic-related challenges. This follows the earlier shutdown of its Tacoma location. The closures affect sites in Olympia, Vancouver, Redmond, Walla Walla, and two in Seattle, while some locations will remain open, including those in Woodinville and Spokane.
MiSo, a popular Asian-themed restaurant, is moving from Capital Mall to downtown Olympia, with plans to open mid-January across from the Capitol Theater. After five successful years at the mall, the move addresses challenges faced during the COVID-19 pandemic. MiSo will join new businesses like The Mystic Game Shop and Lolli Llama Candy Co., contributing to the downtown area's vibrancy.
Thurston County's housing market faces challenges with a median price of $525,000 and mortgage rates near 7%. Despite low inventory, single-family home sales rose by 12% in November 2024 compared to last year, indicating increased buyer-seller negotiations.
MiSo, an Asian-themed restaurant, is relocating from Capital Mall to downtown Olympia, with plans to open by mid-January. This move follows five successful years at the mall and coincides with the opening of other local businesses, such as The Mystic Game Shop and Lolli Llama Candy Co. The article also mentions Costco's proposal for a new store in Tumwater, highlighting local business updates.
Thurston County's housing market shows resilience, with a median home price of $525,000 and low inventory below two months. Despite high mortgage rates around 7%, negotiations between buyers and sellers are improving, resulting in some price reductions. Recent data indicates a 12% increase in single-family home sales compared to November 2022.
Tacoma Mall is set to undergo a multimillion-dollar renovation next spring, enhancing its main building and introducing a new 'Village' addition aimed at revitalizing the shopping experience and attracting more visitors.
Costco plans to build a new, larger store in Tumwater to replace its existing location on Littlerock Road. The proposed store will be 160,000 square feet and part of a mixed-use development that includes additional businesses and multi-family housing.
Costco plans to open a new, larger store in Tumwater, replacing the existing location on Littlerock Road. The proposed 160,000-square-foot store will include a gas station and ample parking as part of a mixed-use development.
South Sound Running, a local retailer in Olympia since 1998, is selling its Olympia and Puyallup stores to Fleet Feet Puget Sound as the owners retire. This transition will allow Fleet Feet to continue supporting the local running community through events and training programs, with the new ownership expected to take over in January 2025.