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June 18, 2018

Public meetings set for waterfront LID

By JOURNAL STAFF

SEATTLE — The city will hold public meetings in July regarding the proposed local improvement district for the downtown waterfront redevelopment.

The LID would raise up to $200 million of the estimated $688 million needed for the projects, which will include a promenade, new parks, landscaping and street improvements following demolition of the Alaskan Way Viaduct next year.

The LID would tax property owners in an area stretching from Belltown to Sodo, between the waterfront and Interstate 5.

The first of four hearings is scheduled for 9 a.m.-1 p.m. and 2-6 p.m. July 13 at the Washington State Convention Center in Ballroom 6E.

The full schedule is available online at https://waterfrontseattle.org/lid.

The city says the LID is supposed to be a one-time assessment and will not include new future assessments. Collections are scheduled begin in 2020.




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