Marius Grigoriu

Columbia Partners Real Estate

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Downtown Seattle Construction Boom

March 15, 2015 By Marius

Red construction crane and a new modern building.The Downtown Seattle Association just released the 2015 State of Downtown Economic Report. Don’t let the name of the report scare you away from opening it. The report is a beautiful and easy to read summary of the Downtown neighborhoods, major development projects, and stats on transportation, housing, employment, and demographics. Flip over to the section on construction and you’ll see billions in construction projects.

 

A few facts from the report:

  • Capitol Hill has the highest population of Downtown neighborhoods, followed closely by First Hill
  • There are 52.3 miles of bike lanes, shared lanes, and trails
  • Downtown has the parking capacity of around 100,000 vehicles
  • 24 net new residents move in every week and 25 new jobs per day since 2010
  • The most expensive recently completed project is Stadium Place West Phase 1 at $255,000,000

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About Marius Grigoriu

Not your ordinary real estate agent. I have a long history in tech, and I invest my own capital; buying, fixing, and selling my own homes. I realized, after signing many real estate contracts, that I could share my experience with others. I ignore the high pressure playbook that other agents use and instead pay attention to my clients.

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