Seattle

The city of evergreen, the gateway to Alaska and the harbor of the Northwest, Seattle is known is most commonly known as the Emerald city, home to green mountains and some of Americas wealthiest companies. Side by side with the big business Seattle is renown for productivity with more than 50% of the population working in management, business, science and arts. Although urban life scores high in Seattle, the city will need it’s innovative power in the years to come to match the ambitions growth plan of  creating more than 84000 new jobs before 2024.

image courtesy of flickr user Andrew E. Larsen

Seattle has proven to be a prosperous, well-educated city

with a majority of the population over 25 holding a Bachelors degree or higher. Historically the region relied heavily on aerospace and natural resource industries, but today Seattle is at the forefront of developments in information technology, life sciences and services.

With tech giants as Amazon, Microsoft, and Boeing, Seattle is on its way to outpace Silicon Valley in tech sector growth, much due to better long term prospects and lower housing costs. Comparative studies show that Silicon Valley employs fewer people than it did in 2000, whereas Seattle continues to show a 43 percent growth in tech and 18 percent in the STEM sector (Science, technology, engineering and mathematics). Information and Communication Technology spans across 850 companies today and employs over 18250 people who contributes with over $3.5 billion to the cities economy.

  • 1853

    Two years after settlers arrived at Alki Point, Seattle was named, future streets were mapped, and the first lumber mills opened.
  • 1889

    The Great Seattle Fire destroyed much of the wooden structures of the town, but development continued and Seattle boomed with the onset of the Yukon Gold Rush and the arrival of transcontinental train and steamship service.
  • 1925 – 1950

    The Great Depression was felt hard in Seattle. WWII gave a boost to manufacturing for a period, but the prosperity did not continue after the war. Commercial Office Building construction was at a standstill for nearly 20 years.
  • 1928

    The last twenty years saw tremendous growth in Seattle. Boeing was in full swing. WWI brought growth in plane and ship building. The first electric streetlights were installed. The ship canal was complete. The Denny regrade was completed in 1930.
  • 1945

    The War is about to come to a close, and Seattle has been deeply embroiled in wartime manufacturing of tanks, planes and boats - including the B-29. Alaska Airlines was formed in 1942. A new floating bridge connecting to the east side is opened in 1940.
  • 1971

    The past ten years saw a reduction in Seattles population led by the slowdown of Boeing, and a migration to suburban towns and the east side. This reached a height in 1970. The first Starbucks store opened in Pike Place Market. 6.5M Earthquake occured in 1965, however development did continue.
  • 1983

    Seattle was back on the growth track. Many new buildings are under construction or in planning. Microsoft establishes headquarters in Bellevue, Costco Opens it’s first store,and Redhook Brewery opens shop.
  • 1990

    Seattle’s skyline is now redefined from the growth over the past decade. The 1985 implementation of new zoning rules introduced new height limits, interesting profiles, and height and density bonuses for public amenities to create a 24 hour downtown
  • 2000

    New development along the Seattle waterfront has been extensive - including the new Bell Street Pier and terminal to accept Alaska-bound cruise ships. Seattle also celebrates its 150th anniversary of the City’s founding.
  • 2011

    Seattle approves the construction of a new waterfront tunnel which will take down the Viaduct - severely damaged from multiple earthquakes. Seattles downtown boundries have been radpidly expanding due largely to Amazon’s South Lake Union urban campus. This has created a resurgence in office space downtown and many tech companies are now competing - including google, facebook and others.

The beautiful area of Puget Sound in Seattle have really experienced a dramatic increase in jobs and therefore seen a steady decrease of the vacancy in the office market for quite some time. With sky rocketing property prices, sales continues to set records, selling office spaces at $745 a foot in 2014. This activity has fueled the interest from both internal and external investors, placing their money on the next wave of tech growth.   In the past 25 years over 100,000 people have moved to the city of the evergreen.  As a result the city is experiencing a shift away from single family homes and an increase in residential density. Single family dwelling are subsequently torn down and replaced with new 4-6 families units.  3 percent of residential growth will be multi-family housing creating urban villages according to Seattle comprehensive plan for 2025.

International District

Tucked in the heart of Seattle you find the International District, one of the oldest and most popular parts of the city. For many years the district has served as a cultural hub for Pan-Asian Americans in the area with a diverse mix of Asians living and working together. With the increased demand in multiple-family homes the southeastern corner of the International District is now offering a possibility of centrally located development. This presents a new opportunity for the mixed used properties in demand, a new urban village in a historical context, including multi-family housing, office spaces and ground-level retail.

  • 1. ZONING & ADJACENT USE

    Residential bonus far up to 6.0 to low income housing. Office/light industrial/commercial usage based on current zoning.
  • 2. GROUND LEVEL ACTIVATION

    Retail use of ground floor allowed per zoning code. The activation of the streetscape will enhance street life and community culture.
  • 3. PUBLIC TRANSPORTATION

    Maintain transit edge along Dearborn Avenue. Extend transit spine along 8th Avenue.
  • 4. VIEW OPPORTUNITIES

    Maximize building heights to capture the following views: NW - Downtown Seattle; SE – Mount Rainer; West– Puget Sound
  • 5. ENVIRONMENT

    Maximize solar exposure by creating midblock courtyards. Prevent excessive building shadows by slimming tower footprint.
  • 6. NEIGHBORHOOD GREENWAYS

    Limited existing greenspace in the district. Add public parks in courtyards and add landscaping at building podium's for public gardens and farming opportunities.
  • PLANNING OPTIONS

    Commercial Office

    15,092sf floor plate
    11,989sf rentable space
    80% efficiency
  • PLANNING OPTIONS

    Residential High Rise

    5,400sf Floor Plate
    4,576sf Rentable Space
    85% Efficiency
  • PLANNING OPTIONS

    Residential Low Rise

    6,230sf Floor Plate
    5,490sf Rentable Space
    88% Efficiency
Seattle Credits

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