Color Theming: Red = Developable, Green = In Design/Planning, Blue = Under Construction, and Yellow = Completed
It’s been only three months since I first wrote about A Rapidly Changing Seattle. In that article, I highlighted the amazing amount of development taking place in Seattle and the city’s capacity for growth. Since then, new development applications have been accelerating at breakneck speeds, particularly in the central portion of the city. For this article, I want to focus on the areas just north of Downtown.
As you can see in the map above, dozens of projects are currently in design or under construction in this area, with new project proposals heavily focused in the areas of South Lake Union and the Denny Triangle. Since January, South Lake Union and the Denny Triangle have had a respective total of 11 and 7 new, large-scale project proposals. This continued and increasing building boom represents great things to come for the city: additional opportunity for jobs and housing, increased tax revenue, further neighborhood activation, and enhancement of the public realm and overall urban form.
However, the well is running dry in the South Lake Union Urban Center. If the pace of development keeps up, new building will have to go elsewhere in just a few short years.
South Lake Union
South Lake Union is reaching a point where new development applications will slow down. Aside from a dozen or so sites, there aren’t many large and easily developable sites remaining. So what does that mean?
- Future development will be more challenging. Developers will have to do a couple things to build on the smaller and less easily developable sites: consolidate smaller lots, use awkwardly shaped lots, raze smaller structures, and/or construct slimmer and more compact buildings.
- Development will eventually trickle to an end in a few short years. This will push development pressure to nearby Urban Centers. Obvious candidates to take up the South Lake Union mantle are the Denny Triangle and Uptown where development capacity is much greater.
More below the jump.