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However, you could not be any more off-base in terms of "quality." RTM is home to a plethora of amazing food options and merchants -- it recently won accolades as a model for NYC in the New York Time:
The closer you are to the superior producer, the more likely you are to have superior quality. For produce and seafood, Pike Place Market is in one of the best spots on the planet.
Proposal for ZGF Architects new building has 30,000 square feet of retail.
Stadium Place 46,000 square feet of retail.
Not far from Via6's 16,000 square feet of retail is the much smaller and 38-story (unnamed to my knowledge) project with 3,000 square feet of retail.
Stack House has 30,000 square feet of new retail conversion
Coleman Tower 9,400
2nd & Pike 6,000
815 Pine 3,000
Coppins Well 6,000
504 Terry 4,700
All the projects are basically small, but it's the cumulative total. The trend has shifted to retail in every building, so naturally less demand for big retail-only or large percentage retail projects like Westlake. For example, Amazon's 3-tower complex includes 3.3 million square feet of office space and only 66,000 square feet of retail. It'll absolutely dwarf Westlake.
That's good to hear. For the record, I never said there wasn't a lot of retail proposed, nor did I say there wasn't a lot of retail built in dt. Seattle in recent years. What I said is that there's very little retail under construction NOW.
That's good to hear. For the record, I never said there wasn't a lot of retail proposed, nor did I say there wasn't a lot of retail built in dt. Seattle in recent years. What I said is that there's very little retail under construction NOW.
So is Stack House (30,000). Homeplate Center has 39,000, Insigna Towers has 36,000, 202 Westlake has 20,000, Via6 16,000, new 84,000 square foot Mercedes showroom, Capitol Hill station over 45,000 square feet. Then there's all the countless smaller projects. We're already at 275,000 just on those few big ones, however. And in a few dozen small projects with a few thousand square feet of space and it's easily over 300,000. All of it currently under construction.
That's not even all of the projects under construction downtown let alone all of the ones throughout the city. Most new construction in the city includes retail
Last edited by RightonWalnut; 04-01-2013 at 09:59 PM..
And it's only 46,000 sf from what you just said. I believe the pdf I linked to only showed 100,000 or so square feet under construction in downtown Seattle as of Dec. 2012. Very, very little.
1919 Market- there is a new design which is 5 floors taller than this, but this old design had 30,000+ sq ft of retail http://www.salove.com/wp-content/upl...kage_05.12.pdf Up to 15,000 more, then
Cira South- smaller tower no retail... taller tower will have over 50,000 sq ft of retail Cira South - Overview
If we're just throwing out proposed projects,
Greyhound development in Seattle, 1,300,000 of office, shared retail podium between the two towers w/ 30-40,000 square feet of retail.
Development around Amazon's HQ, 25,000 retail, 645,000 office
Fifth+Columbia, ground floor retail 700,000 square feet
30,000 square foot expansion of Westlake Center
Three amazon towers w/ 66,000 square feet of retail.
'Course, retail isn't what Seattle is short of. Retail rates are still slightly dropping and vacancy rates are increasing. Despite the addition of hundreds of thousands of square feet of retail space, the number of retailers is still lower than 2007. Thus you're seeing modest retail development At least in 2011 when the glut of condos was mostly worked through there was still an abundance of retail in Seattle space downtown. 160k sq feet in 2010, 300k in 2011, 200k in 2012. 4,500 apartments completed in 2012, projected 7,500 in 2013. Office space which barely saw any construction in 2012 has major projects starting like Fifth and Columbia, Greyhound, and others already under way. All in in all, looking at 5+ million square feet of office space in the next few years.
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