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Real Estate
 Brian Miller Real Estate Editor |
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August 20, 2020
On the Block: Could Amazon's growth in 6 other cities actually be good for ours?
On its face, Amazon's Tuesday announcement that it will expand its corporate headcount in New York City, Dallas, Detroit, Denver, Phoenix and San Diego seemed like more bad news for its headquarters town.
Seattle and Bellevue are currently home to over 50,000 Amazon office workers, plus untold others in fulfillment centers around Puget Sound. But offices are the heart of its local economic clout — and our municipal tax base. Newmark Knight Frank estimates the company has about 18 million square feet of offices, both occupied and in development, on both sides of the lake.
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Previous columns:
- On the Block: Three big properties hit the market, with a fourth supposedly sold, 08-13-2020
- On the Block: Hard times at the Shanty, 08-06-2020
- On the Block: Bellevue keeps booming, virus or no virus, 07-23-2020
- On the Block: No light rail? No problem for the other side of Shoreline, 07-16-2020
- On the Block: From Lucky Lager to an unlucky block finally set for redevelopment, 07-09-2020
- On the Block: Back to the 'burbs?, 06-25-2020
- On the Block: Unico ready to convert Tacoma's historic Washington Building offices to apartments, 06-18-2020
- On the Block: Coronavirus vs. the industrial sector, 06-11-2020