RENTON, WA-About 1,000 engineering employees are moving from various buildings in Renton to its BOMARC Building in Everett. The Renton space will be backfilled by workers forced to abandon buildings damaged in the February earthquake.

SEATTLE-The Federal Home Loan Bank of Seattle's initial $6.5-million installment will finance more than 1,000 new housing units in 10 states and American Samoa for homeless families; Native Americans, Alaskans, Hawaiians and rural workers.

BELLEVUE, WA-The 450-foot tall, 32-story structure would be the largest office building in Downtown Bellevue by some 320,000 sf. Wright Runstad would develop the project for Equity Office Properties Trust, which already controls more than 50% of the Downtown space.

REDMOND, WA-Trendwest Resorts Inc., one of the nation's leading timeshare companies reported record net income of $14 million, or 55 center per diluted share for the quarter ended June 30.

PORT ORCHARD, WA-The City Council has unanimously agreed to ban gambling in the city, joining more than 50 other cities in the state that have taken similar action, including nearby Poulsbo and Tacoma.

LAKE STEVENS, WA-The Minneapolis-based Target will mark the first business to open at Lake Stevens Station. The grand opening is slated for Sunday at 8 a.m.

SEATTLE-The city raises the height limits by a few stories, but to build more than five times the size of the parcel, developers must now pay a $22 per sf premium instead of a $13 per sf premium.

BELLEVUE, WA-The develop claims his general contractor hurt the stalled $100-million project by walking off the job and filing an inflated lien against the property in retribution for the request for an audit.