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Puget Sound Business Journal
1 day
Large Everett property secures $82.5 million refi loan
The new loan will be used to complete upgrades that began after the 352-unit property was acquired by its current owners in 2022.
Puget Sound Business Journal
1 day
Piano school backed by Mark Cuban and Hans Zimmer gears up for expansion
With a new CEO and big-name backing, a Bothell-founded piano school is looking for tech company growth.
Puget Sound Business Journal
1 day
Former Redfin CEO takes new role with big-name venture capital firm
Glenn Kelman stepped down as Redfin's CEO in January after leading the company for more than 20 years.
Puget Sound Business Journal
1 day
Cloud data company Snowflake to expand in Bellevue's Spring District
The company has filed plans to build out another three floors in the Block 6 building it's subleasing from Meta.
Puget Sound Business Journal
2 days
Redmond acquires new maintenance center site for $38.5 million
The new center, which is expected to open by 2030, will house mechanics, street maintenance crews and other operations staff.
Puget Sound Business Journal
2 days
Defense contractor expands Seattle footprint at 2+U tower
Permit filings show Anduril expanding into additional floors at Seattle’s 2+U tower as the defense technology company continues to invest in the region.
Puget Sound Business Journal
2 days
Renee Erickson's The Walrus and the Carpenter reopens after brief closure tied to strike
The acclaimed restaurant's two-day closure was related to safety concerns, according to the owners. Guests will now enter through a private parking lot to avoid the picket line.
Puget Sound Business Journal
2 days
BioLife Solutions opens specialized Bothell lab in former church
Four specialized cryobiologists will work at the new 5,000-square-foot center.
Puget Sound Business Journal
2 days
How AI data centers lost the PR war — and what it means for businesses
The multitrillion-dollar push for data centers has sparked a transpartisan backlash — and there are lessons in public relations that business owners can learn from it, experts say.
Davy Jones Locker Room
2 days
Draft Profiles 2k26: Is there any way Caleb Malhotra falls to Seattle?
Whenever I do these, I always try to have at least one reach ahead and behind, and Caleb Malhotra in any other year would probably be top 3 overall, wingers and defenders this year have such strong representation that he’s now in the wheelhouse of Seattle possibly getting him. Who is he? Caleb Malhotra is a 6’2, 185-pound Center from Toronto who is a left-handed shot. He played for the Brampton Bulldogs, who are an OHL team in Canadian Junior, and is committed to the Boston University Terriers in the NCAA. What’s he good at? A little bit of everything, as it turns out! Malhotra is the son of long-time NHLer Manny Malhotra; who made his bread being a two-way forward with a good faceoff win percentage and solid production throughout his time in the NHL. His son Caleb appears to have followed in his father’s footsteps, with the added bonus of being a much more offensively gifted player than his journeyman father ever was. Malhotra’s offensive skills are predicated on his creativity; he refuses to let the same reads be seen by backcheckers as he moves with the puck, and with his stick skills he’s able to keep a level of unpredictability for either a pass or a shot. This is primarily due to a very mature understanding of offensive playmaking; he recognizes developing lanes of attack as they happen and tries his darnedest to help his fellow player utilize them as best as possible. This, in turn, makes him a seriously dangerous player with the puck, and as such defenders tend to keep their eyes planted firmly on him…which just creates more space for his teammates, creating yet more scoring chances and the like. When it’s on him to make something happen, his shot is strong and accurate, but definitely helped along by that unpredictability; he loves messing with goalies using feints and no-look shots that catch netminders unawares as he moves through the ice; specifically towards the front of the net. Malhotra does not try to initiate contact often, but he often ends up finding a way through defenders in a way that infuriates opposing goaltenders. When away from the puck, Caleb shows a similar level of maturity that his offensive game has, able to keep pace with attackers in transition and his ability to anticipate plays and recognize them gives him a similarly expert ability to break them up with a poke check or a well timed stick lift that stymies plays before they can happen, and will happily put his smooth stickwork to good use on the boards, where he can pry pucks out of piles and actively hound forecheckers into get rid of the puck in a sub-optimal way. Most intriguing about Malhotra, and specifically the most exciting aspect, is that Malhotra rises to the occasion; his teammate and Kraken prospect Jake O’Brien suffered an injury after camp for the World Juniors, and as such Caleb found himself taking O’Brien’s minutes while he recovered. It was there where he truly blossomed into the prospect we see before us today, and where he could be going as his game continues to improve at Boston University. What’s he not-so-good at? Giving scouts a reason to think it’ll be enough to transcend. Since he’s been asked to do so much for the Bulldogs, he’s barely really involved himself so much in the physical side of the game. He’s willing to do it, and when he’s gotten involved he’s pretty good at that too, but if he’s in a situation like that the play is already over and order has broken down, and further he much prefers using his stick in board battles than imposing his will physically. He may want to get more acquainted with that as the game intensifies when he heads to the professional level. Meanwhile, while Malhotra does everything well…there isn’t really an area of the game he truly excels at. His skill floor is higher than a lot of prospects’ ceilings, and even on his worst days, he’s still a reasonably effective 200-foot center that can do a little of everything. But in the world of the NHL, that can also be a detriment, because if you can do just about everything well…you don’t really excel. This sort of thing can be a detriment to prospects, as it gives the impression there’s little room for their game to continue growing. Oh sure, he’d be a slam-dunk PK specialist or middle six goalscorer, that seems destined at this point, but it feels like the entire draft prognostication crowd seems insistent he’ll just park there as a solid Middle 6 Forward in the NHL. Given that he’s gone from BCHL to OHL to the NCAA all within three years of one another, A lot of what Malhotra will be now hinges on his first year as a BU Terrier this fall in Hockey East; a much bigger, defensively responsible league. Prospect Rankings Ranked 5th by EliteProspects.com Ranked 6th by TSN’s Craig Button Ranked 5th by DailyFaceoff.com Ranked 9th by SmahtScouting.com Ranked 20th by DobberProspects.com Should the Kraken get him? I mean, if they can, they can try. Manny Malhotra is the current coach of the Vancouver Canucks; a team that seems allergic to making intelligent decisions multiple times in a row and desperately looking for some positive publicity. The feel-good story of father coaching and son playing is just too good to pass up. Even if the Canucks just pick the best available player, the Blackhawks, Rangers, and Flames desperately need Centers who aren’t completely depleted as players and Malhotra would fit the bill. Especially if they have the potential to become the eternally useful player his father was. But! If the six teams ahead of the Kraken decide that it would be better to let someone else have him, and specifically all of the high end defense prospects in this draft are taken, then I think the Kraken should find some space for him in their organization. But only if the defense and wing prospects are gone first. Unfortunately, even if I personally love this kind of player, this exact archetype of player is all over the organization right now, and fans are not looking for another 200-foot forward to hang their hopes on at the moment unless they’re also in contention for a scoring title. If Caleb makes his way here, he’s going to need to keep rising in order to make fans feel like they’re not in a Middle Six Forward factory.
Puget Sound Business Journal
2 days
World Cup crowds push light rail riderships to new highs
Sound Transit reported roughly 280,000 riders boarded light rail on June 19 for the U.S.-Australia match. The previous ridership record was set just one day before.
Puget Sound Business Journal
2 days
Georgetown Brewing buys industrial building across from its Seattle headquarters
The company purchased the 36,544-square-foot building as it looks to expand operations.