Developer joins local leaders to discuss business opportunities, challenges for South King County

September 20, 2018 10:30 am
South King County civic and business leaders join Bob Wallace at the Good Eggs breakfast. From left: Federal Way Mayor Jim Ferrell; Kabal Gill from the Federal Way Chamber of Commerce; Wallace; Federal Way City Councilmember Hoang Tran; Auburn Mayor Nancy Backus; and the host, King County Councilmember Pete von Reichbauer. COURTESY PHOTO

Bob Wallace, Wallace Properties CEO and Puget Sound regional developer, spoke to Auburn and Federal Way city leaders at the September Good Eggs breakfast hosted by King County Councilmember Pete von Reichbauer.

Wallace provided an overview of the business and real estate climate in the region. His presentation included regional strengths, industry diversity, infrastructure and changing demographics, as well as potential threats that could hamper future growth.

Wallace reviewed economic changes over the last 10 years, discussing opportunities and challenges that lay ahead for the Puget Sound economy. He also explored some of the opportunities for development in South King County, expressing optimism about the local real estate market.