Seattle City Council asked for a reality check on Incentive Zoning (IZ) and now they have their smoking gun: Since the Program’s inception in 2001, 62% of eligible development projects declined to participate. That outcome demonstrates that the IZ Program is not only fundamentally broken, but also has resulted in the loss of significant public […]
The Washington Chapter of NAIOP has joined Smart Growth Seattle as a sponsor. NAIOP is the commercial real estate association for developers, owners and investors in the industrial, office and related commercial real estate industries. NAIOP has become a Smart Growth Seattle sponsor because the organization’s work is consistent with NAIOP’s land use agenda in Seattle. “Affordability […]
There is abundant quantitative evidence that puts to rest the idea that there is a lack of “workforce” housing. The market is producing many new units of housing priced at 30 percent of he monthly income of people who earn 60 to 80 percent of Area Median Income (AMI). The City Council may have already […]