Seattle “Building Frenzy” Features 65 Projects

A Seattle building boom was broken down by the Seattle Times in June. It reported there were 65 major buildings under construction across downtown, South Lake Union and surrounding neighborhoods at the time, marking more projects underway than at any point since the figures were first tracked in 2005 by the Downtown Seattle Association. The top six are:

• The Mark office and hotel, US$400 million • 8th and Howell hotel, US$400 million
• Troy Block Amazon office, US$285 million • 2202 8th Ave Apartments, US$284 million
• The Park Amazon office, US$250 million • Madison Centre office, US$157 million

More than one-third of the office space under construction is for online retailer Amazon, on pace to occupy 12 million sq. ft. of office space by the time the current projects are finished; most will not be complete until next year. However, two-thirds of the projects are residential. The source reports “dozens more in the pipeline set to start in the next year and a half.”

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