Seattle Office of Economic Development
Formation Report Points Seattle to Austin’s Upzoning as the Fix for Its Housing-Cost Premium
Formation's assessment of Seattle's economy holds up Austin, which added 120,000 homes and watched rents fall after cutting lot sizes and upzoning, as...
Formation Report Hands Seattle a Real Estate Playbook: Public Land, Bonding and Hard-Tech Hubs
Formation's assessment of Seattle's economy lays out a development agenda built on public land and municipal bonding capacity, pointing to New York's BATWorks...
Formation Report Finds Seattle Shedding Restaurants Per Capita, Squeezing Ground-Floor Retail
Formation's assessment of Seattle's economy finds the city has lost restaurants per capita both before and after the pandemic, a sign that thin-margin...
Formation Report Finds Seattle Added Just 16 Mid-Sized Tech Firms as Rivals Added Dozens
Formation's assessment of Seattle's economy shows the city added only 16 mid-sized technology firms between 2017 and 2023 while San Francisco added 104,...
Formation Report Finds Seattle Manufacturers Being ‘Priced Out,’ With Factory Jobs Down Nearly 12%
Formation's assessment of Seattle's economy places manufacturing and other traded industries in a 'priced out' category, finding factory firms and jobs have contracted...
Formation Report Pinpoints Seattle-Bellevue Tax Gap as Prime Driver of Eastside Office Migration
Formation's assessment of Seattle's economy models a per-engineer tax gap of $10,000 to $30,000 a year between Seattle and neighboring Bellevue, offering a...
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...
Atrium Court Grand Opening Brings 271 Affordable Homes and Community-Owned Retail to Seattle’s Othello Neighborhood
Transit-oriented development backed by Opportunity Zone equity, Amazon’s housing fund, and a 99-year affordability covenant opens steps from Othello Light Rail Station. Community...
PCC Corner Market Reopens in Downtown Seattle with New Focus on Grab-and-Go Foods
Grocery co-op returns to Rainier Square with smaller footprint designed for downtown workers and residents PCC Community Markets made its much-anticipated return to...
Marjorie’s Restaurant Returns to Seattle’s Central District Through Business Community Ownership Fund
Community staple and acclaimed restaurant to reopen through the Business Community Ownership Fund, a first-in-the-nation business property ownership program SEATTLE (Oct. 10, 2024)...
Seattle Center & Office of Economic Development Open Temporary New Production Space for Film and Creative Industries
The Seattle Office of Economic Development and Seattle Center are partnering to temporarily repurpose the former Cascade PBS building, at the corner of...
Mayor Durkan Extends Moratoriums on Evictions of Commercial, Nonprofit, and Residential Tenants Through the End of the Year
Office of Economic Development Provides Additional 72 Small Businesses With $10,000 Grants in Third Round of Small Business Stabilization Fund Seattle – Mayor Jenny...
