Civil Municipal - July 2024

The town’s gym, a historical structure moved from a school to city property, has seen significant upgrades. This includes a new roof funded by a grant, new handicap ramps, stairs, doors, lighting, and padding for sports activities. The gym is a multifunctional space for parties, activities, and sports events. Environmental and recreational spaces are a key focus in Black Diamond, with the town’s Master Planned Developments (MPDs) mandating that 40% of the area be dedicated to active and passive trail systems. Ginder Creek Park, another significant project, recently received grant funding to improve community connectivity and promote a walkable environment. DYNAMIC HOUSING MARKET The housing market in Black Diamond is currently in a dynamic phase, with about 100 homes in inventory and 104 new permit applications recently submitted. Although the market experienced a slowdown last year, likely due to rising interest rates, buyers are beginning to adjust. Compared to historical rates, current interest rates are relatively moderate. The market has seen a resurgence in activity, with even high-priced age-qualified homes, ranging from 89 CIVIL AND MUNICIPAL VOLUME 05, ISSUE 07 BLACK DIAMOND, WA

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