Port Orchard Council Reviews Upcoming Development Projects and Housing Market Trends

The Port Orchard Economic Development and Tourism Committee meeting on July 14, 2025, highlighted significant developments in the city’s housing and commercial projects, signaling a shift in the local real estate landscape. Council member Chang raised concerns about the anticipated influx of visitors and bookings related to upcoming events, suggesting that the real impact may not be felt until December when teams finalize their locations.

Nick, a city planner, provided an overview of ongoing developments, noting that while apartment construction remains active, the pace may be slowing. He reported that McCormick Woods continues to see gradual development, with a mix of new commercial projects and multifamily housing. Notably, Kitsap Bank is reevaluating its plans for a new headquarters, and the Kitsap County Courthouse is expanding its parking facilities.

Several residential projects are underway, including the Forest Song apartments, which will add 192 units, and the 429 Bay Street project, which is nearing completion with 39 units and retail space. However, Nick cautioned that the housing market may be entering a transitional phase, with vacancy rates rising above 10%. This could indicate a shift towards a buyer's market, as new housing is being constructed faster than it is being absorbed.

The committee also discussed the Home Depot project, which is still in the planning stages, and the Salmonberry Apartments, which recently began clearing. The meeting concluded with a sense of cautious optimism about the future of Port Orchard's development, while acknowledging the potential for a slowdown in the housing market. The city plans to present these updates to the full council soon, ensuring that all members are informed about the evolving landscape of Port Orchard.