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.
The Central Business District is the prime shopping and employment center of Seattle. Many international retailers, global companies, and reputable hotels are located within its boundaries, making it a primary destination for commuters. It is also the home for many notable attractions including the Seattle Art Museum and Benaroya Hall. Due to the increasing significance of Seattle on a national scale (Washington is #1 state for combined employment growth and wage growth), a number of skyscrapers are in the process of development. The resulting structures will certainly shape the landscape, tourism, and employment of the city for decades to come.
3 Fast Facts about Seattle CBD’s development
1. Over 60 properties are profitable redevelopment opportunities
2. Pine Street is the street with the most potential in Seattle’s CBD: CityBldr has identified that this street has the most undiscovered development potential. Property owners could sell for $91M more than the market suggests. Tweet this Pine St was closely followed behind by 2nd Ave and 3rd Ave. 3. Several driving forces are causing the Central Business District’s significant development including its historical significance, its central location and Seattle’s overall growth.
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Recent examples of Seattle CBD’s ever changing presence.
Some of the CBD’s newest businesses

Tankard & Tun
1415 1st Ave
Brewery and restaurant

Metropolitan Grill Steakhouse
820 2nd Ave
Renovation of a classic downtown steakhouse

Cone & Steiner
1012 1st Ave
Sandwiches, coffee and tea, specialty grocery
Some of the CBD’s newest buildings

Image by SounderBruce
Premiere on Pine
42 story apartment building
Completed 2015

Image by Cyrene
Cyrene Apartments
16 story mixed use building with 168 units
Completed 2017

Image by Joe Wolf
F5 Tower
44 story hotel (SLS hotel) & office
Completed 2017
Some notable projects under construction

Madison Centre
36 story office building
To be completed 2017

West Edge Tower
39 story apartments
To be completed 2017

2&U
38 story office building
To be completed 2019
Photos from around Seattle CBD
Do you know the owner of an underutilized property in Seattle CBD?
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 #5 is Queen Anne and we will share additional information next week!