What's that construction near the state fairgrounds in Puyallup? Here's what we know
Crews started construction this week on a $5 million festival street along the fairgrounds in Puyallup.
The project on Ninth Avenue Southwest, by the Red Gate, has closed the road from Meridian to Fifth Street Southwest until this fall. The fair chipped in $1 million and donated land to accommodate sidewalks in the right of way, the city previously told The News Tribune.
The end result will be a curbless street that can be easily closed to accommodate pedestrians during major events at the fairgrounds. It will have a promenade design, with wide sidewalks, lighting, planters and benches.
'During the day, it functions as a normal street for vehicles. However, during evenings and weekends, it can be closed to host events, festivals, and gatherings,' city spokesperson Eric Johnson told The News Tribune in an email Thursday. 'The street will also be safer for drivers and pedestrians. The street is designed with traffic calming techniques, which essentially narrow the roadway and encourage drivers to slow down.'
That means on-street parking on that stretch of Ninth Avenue Southwest will go away. Johnson said that parking has been underutilized, and that fair parking lots nearby provide an alternative.
Crews hope to finish the festival street this summer.
'We closed it at the beginning of this week,' Johnson said about Ninth Avenue Southwest along the fairgrounds. 'Contractors have started working, and we hope to have it done by September for the Fall Fair.'
The 2025 Washington State Fair starts Aug. 29. This year is the fair's 125th anniversary.
'The fair has been a great partner with us on this project,' Johnson wrote.
Pierce County Assessor-Treasurer records show the fairs owns all but one parcel along the festival street, on both sides of Ninth Avenue Southwest.
Johnson said the project will 'strengthen the fair's connection to downtown.'
The city is planning a similar festival street in the coming years on East Meeker, from Meridian to Third Street Southeast.
News Tribune archives contributed to this report.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 hours ago
- Yahoo
Waukesha County food pantry sees increase in clients, decline in funding
The Brief The Food Pantry of Waukesha County is coming off a record-breaking year helping people with no signs of slowing down, but funds and food donations aren't keeping up. Leaders say last year was a record-breaker for the number of people served. While demand is up, two federally funded food programs are being cut or eliminated altogether. WAUKESHA, Wis. - Leaders at a food pantry in Waukesha say they're seeing more people in need than ever before. But while demand is up, federally funded programs that help stock the shelves are drying up. What we know The Food Pantry of Waukesha County is coming off a record-breaking year helping people with no signs of slowing down. But funds and food donations aren't keeping up. Volunteer Julie Huttner is noticing a change at the Food Pantry of Waukesha County. "We see a lot of repeats, but it's not always the same people," Huttner said. FREE DOWNLOAD: Get breaking news alerts in the FOX LOCAL Mobile app for iOS or Android Leaders say last year was a record-breaker for the number of people served: nearly 9,000 individuals. So far this year, the need has increased by 11%. What they're saying Lyndsay Johnson is the pantry's executive director. While demand is up, two federally funded food programs are being cut or eliminated altogether. "These changes could leave some pretty large holes for us to fill," she said. When added up, Johnson expects a reduction of roughly $75,000 worth of food. The pantry has already decreased the amount of meat it hands out. "I'm grateful for the support we do receive," Johnson said. "The concern is what this looks like as we move forward." In a word, Johnson said the future is scary. Dig deeper Changes to SNAP benefits, as outlined in President Donald Trump's so-called big beautiful bill that passed the House, could leave more people relying on food pantry shelves. In addition to grants and donations, Johnson said the pantry also pays out-of-pocket for food. She said last year, the organization paid $381,000 – a 319% increase in just three years. SIGN UP TODAY: Get daily headlines, breaking news emails from FOX6 News "That's a lot of money for an organization like ours to come up with [...] it comes from the community," she said. Adding to the anxiety, Johnson said summer months tend to be slow for donations, with fewer food drives while people are on vacation. Specific federal government reductions the pantry was notified about in March include: $25,000 in Emergency Assistance Program deliveries this summer for milk, eggs and meat. $50,000 in Local Food Purchase Assistance Cooperative Agreement Program (LFPA), which was discontinued. This provided locally grown produce and meat for clients. The Source The information in this post was collected and produced by FOX6 News.
Yahoo
6 hours ago
- Yahoo
Top Analyst Reports for Johnson & Johnson, T-Mobile US & Boeing
Tuesday, June 10, 2025 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Johnson & Johnson (JNJ), T-Mobile US, Inc. (TMUS), and The Boeing Co. (BA), as well as one micro-cap stock, Franklin Financial Services Corp. (FRAF). The Zacks microcap research is unique, as our research content on these small and under-the-radar companies is the only research of its type in the country. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today's research reports here >>> Ahead of Wall Street The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens and attempts to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page, and can actually sign up there to get an email notification as this article comes out each morning. You can read today's AWS here >>> Pre-Market Futures Have Fingers Crossed for Trade Deals Today's Featured Research Reports Shares of Johnson & Johnson have gained +5.8% over the past year against the Zacks Large Cap Pharmaceuticals industry's decline of -15.4%. The company's Innovative Medicine unit is showing a growth trend, driven by existing products like Darzalex, Tremfya, and Erleada, and continued uptake of new launches, including Spravato, Carvykti, and Tecvayli. J&J is making rapid progress with its pipeline and has been on an acquisition spree lately, which has strengthened its pipeline. However, sales in the MedTech segment have slowed down due to headwinds in Asia-Pacific markets like China and competitive pressure in some categories. The launch of Stelara generics is eroding the drug's sales in 2025. Uncertainty around talc lawsuits remains. (You can read the full research report on Johnson & Johnson here >>>) T-Mobile US' shares have outperformed the Zacks Wireless National industry over the past year (+33.4% vs. +28.3%). The company is gaining from healthy growth in service revenues driven by industry-leading postpaid net customer additions. In the first quarter, the company added 1.3 million postpaid net customers while postpaid net account additions were 205,000, both metrics being the best in the industry. Backed by robust demand for its postpaid services and cost discipline, the company has presented a bullish outlook for fiscal 2025. However, the highly competitive and saturated nature of the U.S. wireless market could adversely affect its financial results. (You can read the full research report on T-Mobile US here >>>) Shares of Boeing have outperformed the Zacks Aerospace - Defense industry over the past year (+17.2% vs. +15.5%). The company remains the largest U.S. aircraft manufacturer in the commercial aerospace sector. Soaring air travel should bolster the company's jet service business unit. The outlook for its defense business remains optimistic, buoyed by strengthening U.S. defense budget provisions. The acquisition of Spirit AeroSystems should strengthen Boeing's long-term revenue generation prospects. However, the shortage of labor continues to pose a threat to aerospace manufacturers like Boeing. Trade tensions between the United States and China may cause Boeing to be unsuccessful in the timely delivery of its 737 jets and thereby hurt its operational performance. (You can read the full research report on Boeing here >>>) Franklin Financial Services' shares have outperformed the Zacks Banks - Northeast industry over the past year (+35.7% vs. +17.0%). The company offers a compelling investment case supported by robust 11.2% loan growth driven by commercial real estate and residential lending, alongside a 15.7% rise in average loan balances. Strong deposit expansion of 18.1% enhances funding stability, with 85% of deposits insured or collateralized. The Wealth Management division boosts noninterest income and diversification, with AUM up 6.4%. A strategic $4.3 million securities restructuring enhances long-term profitability despite short-term earnings drag. (You can read the full research report on Franklin Financial Services here >>>) Other noteworthy reports we are featuring today include CrowdStrike Holdings, Inc. (CRWD), Schlumberger Ltd. (SLB), and Tesla, Inc. (TSLA). Mark VickerySenior Editor Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>> Today's Must Read J&J's (JNJ) Innovative Medicine Strong, MedTech Slows Down T-Mobile (TMUS) Rides on Healthy Demand, Strong Cash Flow Increasing Defense Orders Drive Boeing (BA), Amid Labor Shortage Featured Reports SLB Stock Positioned to Benefit From New Digital BusinessThe Zacks analyst projects SLB to gain from its New Digital segment by leveraging its extensive data resources and global expertise, positioning it as a leader in autonomy and AI-driven solutions. United Airlines (UAL) Rides on Air Travel Demand, Costs AilThe Zacks analyst is impressed with the fact that increased air-travel demand is aiding United Airlines' top-line performance. However, rising fuel costs continues to weigh on the bottom line. Improving Clearing and Transaction Fees Aid CME Group (CME)Per the Zacks analyst, CME is set to grow on higher clearing and transaction fees as market position, diverse derivative product lines and global reach drive volumes. However, escalating expense ails. New Order Volume Growth Aids Lennar (LEN), Macro Woes AilPer the Zacks analyst, Lennar is driving sales volume through is dynamic pricing model. However, ongoing affordability concerns in the housing market and high mortgage rates remain a concern. Post Holdings (POST) to Benefit From Solid Foodservice UnitPer the Zacks analyst, Post Holdings is likely to keep gaining from its Foodservice segment strength. Notably, unit sales grew 9.6% in the second quarter, backed by pricing and shake contributions. Powell (POWL) Gains From Strong Utility & Commercial MarketsPer the Zacks analyst, solid momentum across Powell's electric utility and commercial & other industrial markets, fueled by strong orders and healthy levels of project activity, will lend it momentum. CrowdStrike (CRWD) Rides on Product Strength, AcquisitionsPer the Zacks analyst, CrowdStrike is gaining from solid contributions of its growth-oriented products, primarily Falcon platform. Also, buyouts like Adaptive Shield and Flow Security are positive. New Upgrades Align Technology (ALGN) Banks on Solid Clear Aligner UptakePer the Zacks analyst, strong uptake of Align Technology's Invisalign DSP touch-up cases in North America supports Clear Aligner volume growth. Strength across APAC and EMEA regions is another plus. Focus on Alternatives to Support Affiliated Managers (AMG)Per the Zacks analyst, Affiliated Managers is well-placed for growth, driven by successful partnerships, global distribution capability, focus on alternative strategies, and a solid balance sheet. End-Market Strength & Diversification Aids Amphenol (APH)Per the Zacks analyst, Amphenol benefits from a diversified business model that lowers volatility of individual geographies. New Downgrades Backlog Decline and Tariff Woes to Weigh on Oshkosh (OSK)Falling backlog levels are likely to slow Oshkosh's revenue momentum, while tariff challenges could weigh on near-term margins, making the Zacks analyst bearish on the stock for now. Elevated Cost Inflation Hurt Conagra's (CAG) PerformancePer the Zacks analyst, Conagra is experiencing cost inflation for a while now, which is affecting its profitability. Higher input and protein costs are expected to persist into fiscal 2026. Tesla (TSLA) Hit by Falling Sales & Musk-Trump FeudTesla's EV sales are slipping across key markets including Europe and China. A public spat between CEO Musk and US President Trump has just made matters worse, per the Zacks analyst. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA) : Free Stock Analysis Report Johnson & Johnson (JNJ) : Free Stock Analysis Report Schlumberger Limited (SLB) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report T-Mobile US, Inc. (TMUS) : Free Stock Analysis Report Franklin Financial Services Corp. (FRAF): Free Stock Analysis Report CrowdStrike (CRWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Hamilton Spectator
9 hours ago
- Hamilton Spectator
Despite falling cottage prices, this Muskoka small-business owner still can't buy in her hometown
Melissa Johnson has lived in Bracebridge her whole life, but her family's future in her hometown has never felt so out of reach. For the past several years Johnson has closely monitored the housing market and is currently working with a mortgage agent to get a mortgage pre-approval — but what should feel like an exciting new chapter is turning into a stressful experience. 'Before the pandemic, housing was attainable,' Johnson said. 'People with an individual income of $50,000 could buy a home themselves. Now you have to earn $100,000 to $150,000 just to purchase a home.' Johnson recently separated from her husband, who bought their riverfront home on half an acre of land. Johnson moved out and now rents a three-bedroom duplex for $3,000 a month. She's working with a realtor to find a new home to move into with her little kids, but as each day marches on it's not looking hopeful. Home prices in Muskoka skyrocketed during the pandemic, as once interest rates hit historic lows city dwellers and investors wanted a slice of the cottage industry gem. In 2020, the average non-waterfront property sales price was $409,000. In 2022, it shot up to $730,000, according to OnePoint Association of Realtors, which represents 3,000 real estate professionals across the regions of Huron, Perth, Grey, Bruce, Wellington, Georgian Bay, Simcoe, Parry Sound, Haliburton and Muskoka. A view of Manitoba Street in downtown Bracebridge. While prices have dropped since the pandemic peak — with some pandemic buyers seeing declines of as much as $365,000 when selling — on average, prices are still significantly higher than pre-pandemic, including in Muskoka where the average is now just under $700,000. That's hurting local residents who want to buy housing in their hometown. Johnson remembers in 2018 you could buy a townhouse for around $300,000. Now, it's more than $600,000. During the pandemic she saw dozens of buyers pile into the market either hoping to move to quieter pastures with ample green space or cash in on the cottage rental market. Johnson said homes were getting snatched up, with many on the market for just one day — unheard of before 2020. 'When I lived on the Muskoka River I counted 422 short-term rentals in the area based on what I could find on Airbnb alone,' she said. 'And then there are people in my community struggling to find a home.' Others cottage properties are sitting with no offers, as experts say the market is stagnant and While home prices in Muskoka, as with many other regions in Canada, increased significantly, Muskoka incomes have lagged far behind, said John O'Rourke, broker, Royal LePage Lakes of Muskoka. 'The average price for a home last year was around $730,000 but the average household income in the area is $108,000,' he said. 'To qualify you need an income of $145,000.' The work in Muskoka is seasonal, dominated by service-oriented jobs that don't pay as much as in urban centres. 'People who came and bought here (during the pandemic) had higher paying jobs, and had the benefit of that income,' he said. 'Locals in smaller communities just couldn't compete.' For locals looking to buy, if a home goes on the market in the low $600,000 range, there will be a lot of activity, he said. People's choices now are driven by price instead of the qualities and amenities of the home. Agents and brokers are expecting a 1.8 per cent increase in average price, according to a new 'Ten years ago you could get a really nice home for $200,000 and that doesn't exist anymore,' O'Rourke said. 'It's not a good situation.' Some locals are moving out of Huntsville and Bracebridge proper and commuting in for work, but it impacts the vibrancy of the local communities, he added. As a small-business owner of a micro flower farm and private early education services, Johnson has thought of moving but her business, children, family, and lifelong friends are in Bracebridge. She's often in conversation with many local residents, and says that everyone is struggling — her friends in real estate tell her many people are leaving because they can't afford to live in the town anymore. 'It's just devastating, they have to leave their families, they have to leave everything.' Johnson acknowledges that tourism helps support the local business, including her own. 'Part of my business is dependent on seasonal occupants and I love our tourism, there are pros and cons to everything,' she said. 'It's just the imbalance in our community and real estate market. Not enough housing and affordable housing is being built and we're paying the price.'
