This blog series is in response to customer feedback following our “Top 10 Seattle Neighborhoods Set for Growth” piece that appeared on King5 evening news. We will break down some key development results in each of these neighborhoods giving you more insight into what is happening in each location.
Located in the heart of central south Seattle between Interstate 5 and Rainier Valley, Beacon Hill is a hub for delicious dining, enjoying live music, and kid-friendly activities throughout the year. In the 1950s and 60s, the neighborhood was nicknamed “Boeing Hill” because many residents worked at the airplane factory nearby. Beacon Hill has different vibes for different areas within the neighborhood, and the most busy is at its north. Beacon Avenue provides a central street along the whole length of the hill, with its central spot for dining and shopping near 15th Avenue. Jefferson Park is a drawing point, with tennis courts, hiking trails, a golf course and playground. Rainier Avenue is to the east, with delicious ethnic restaurants and other attractions
3 Fast Facts about Beacon Hill’s development
|1. Over 1150 properties are profitable redevelopment opportunities
These properties have been identified by our team as having high development scores and therefore are likely to be actively pursued over the coming years.
2. 15th Ave S is the street with the most potential in Beacon Hill:
CityBldr has identified that this street has the most undiscovered development potential. Property owners could sell for a combined $32M more than the market suggests. Tweet this
15th Ave S was closely followed behind by Beacon Ave S and Martin Luther King Jr Way S.
3. Several driving forces are causing Beacon Hill’s significant development including its proximity to downtown, strong light rail access and unique access to landmarks.
Do you own an underutilized property in Beacon Hill?
Claim your property now for a free & instant development evaluation.
Recent examples of Beacon Hill’s ever changing presence.
Some of Beacon Hill’s newest businesses
Some of Beacon Hill’s newest buildings
Some notable projects under construction
Photos from around Beacon Hill
Do you know the owner of an underutilized property in Beacon Hill?
If so, their property may be worth more than they think.
Information is power. Share this article with them so they know their neighborhood is important, and tell them about citybldr.com where they can instantly find out how much their home is worth to a builder or developer.
Our “Countdown of the top 10 neighborhoods set for growth” continues!
Follow us on social media as we continue to count down the Top 10 Seattle neighborhoods set for growth. Next up at #3 is South Lake Union and we will share additional information next week!
Header image courtesy of SounderBruce