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.
Rainier Valley is one of Seattle’s most diverse and culturally rich communities. Whether you are exploring their authentic international shopping, engaging in its varied entertainment experiences, or celebrating the heritage pride festival, you are sure to walk away with unique memories. The Rainier Valley is also an important source of jobs and an incubator of new businesses, particularly for new and recent immigrants. Historically its first residents included a significant number of Irish, Scottish and Italian immigrants who helped to shape many of its earliest industries (including lumber mills and food manufacturers), the remnants of these industrial roots still exist today. The 2009 light rail expansion into Rainier Valley brought many new opportunities for economic growth to the community. The sub-neighborhoods along the line are likely to experience significant change over the next few decades due to the need for affordable and commutable housing
3 Fast Facts about Rainier Valley’s development
|1. Over 1250 properties are profitable redevelopment opportunities
2. Rainier Ave S is the street with the most potential in Rainier Valley:
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
Rainier Ave S was closely followed behind by Martin Luther King Jr Way S and 42nd Ave S.
3. Several driving forces are causing Rainier Valley’s significant development including the expansion of light rail, community investment and pioneering developments.
Do you own an underutilized property in Rainier Valley?
Claim your property now for a free & instant development evaluation.
Recent examples of Rainier Valley’s ever changing presence.
Some of Rainier Valley’s newest businesses
Some of Rainier Valley’s newest buildings
Some notable projects under construction
Photos from around Rainier Valley
Do you know the owner of an underutilized property in Rainier Valley?
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 #6 is the Central Business District and we will share additional information sometime next week!