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CommercialFeaturedIndustry News

Businesses Now Carry 68% of Seattle’s $2.8B Tax Bill as City Sheds 24,000 Jobs, DSA-Chamber Study Finds

A new ECOnorthwest analysis commissioned by the Downtown Seattle Association and the Seattle Metropolitan Chamber of Commerce finds the city’s tax collections have...

Apartment building with a pink background
AECFeaturedFinanceIndustry NewsResidential

Seattle Apartment Market ‘Treading Water’ as Deputy Mayor Calls JumpStart Tax a ‘Slush Fund’

At the Simon | Anderson Multifamily Team's fall investor forum, Kidder Mathews' Dylan Simon described a Puget Sound apartment market stuck between flat...

View of Space Needle in Seattle next to Amazon headquarters spheres
CommercialFeaturedIndustry News

Seattle Sheds 18,605 Jobs as Downtown Absorbs 70% of Losses, DSA Report Finds

The Downtown Seattle Association's new employment report finds that Seattle shed 18,605 jobs between 2024 and 2025, with downtown absorbing roughly 13,000 of...

money roll
CommercialFeaturedIndustry NewsResidential

Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees

Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...

pedestrians
CommercialFeaturedHospitalityIndustry NewsResidential

Downtown Seattle Draws Nearly 3.8MM Visitors in August, Topping 2019 as Office Return Holds at 62%

Nearly 3.8 million unique visitors and 9.2 million total visits flowed into downtown Seattle in August, pushing tourism, hotel demand and residential occupancy...

Seattle skyline from Lake Union
CommercialFeaturedFinanceIndustry NewsLeasing

Formation Report Warns Seattle’s Office Vacancy and Tax Base Are Locked in a Downward Spiral

A new independent assessment of Seattle's economy finds the city's record office vacancy and its reliance on a handful of tech employers for...

Seattle skyline from the waterfront
CommercialFeaturedIndustry NewsLeasing

Seattle Sits Out the National Office Occupancy Index Even as Puget Sound Landlords Chase the Same Answer

The most widely cited measure of the American return to office does not track Seattle, leaving Puget Sound owners and lenders to benchmark...

Seattle skyline
FeaturedHospitalityIndustry NewsLeasingResidential

Downtown Seattle Sets Recovery Records as Office Vacancy Climbs Near 35%

The Downtown Seattle Association's July data shows apartment occupancy, hotel demand and transit ridership all beating or matching pre-pandemic benchmarks, even as office...

Seattle skyline
CommercialFeaturedHospitalityIndustry NewsLeasingRetail

Downtown Seattle Draws 3.7MM Visitors in July as Worker Return Stalls at 64%

Downtown Seattle's summer visitor boom pushed foot traffic to 112 percent of pre-pandemic levels in July, yet the daytime office workforce remained stuck...

Seattle skyline
FeaturedIndustry NewsPeople on the MoveResidential

Mayor Wilson Appoints Kelli Larsen as Director of Seattle Office of Housing

Mayor Katie B. Wilson has tapped a five-year veteran of the Seattle Office of Housing, Kelli Larsen, to run the agency and execute...

Seattle skyline
FeaturedIndustry News

World Cup Drives More Than 3MM Visitors to Downtown Seattle Across Six Match Days, Lifting Transit and Hotel Demand

Downtown Seattle absorbed a surge of more than 3 million visitors during the six 2026 FIFA World Cup matches it hosted, a 17...

Washington capitol building in Olympia
CommercialFeaturedIndustry NewsLeasing

Ferguson’s 26-Member Economic Council Carries a Permitting Mandate as Downtown Seattle Vacancy Hits 36.5%

Gov. Bob Ferguson's newly created Governor's Economic Development Council arrives with an explicit charge to dismantle regulatory barriers to growth, seating six members...

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