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Downtown Seattle is a top tourist destination and the region's business, shopping, cultural and entertainment center. In the past few years, many more condominiums and apartments have been developed downtown creating a popular residential location as well.
Doing Business in Downtown
Downtown Seattle is the center for business in King County, employing over 130,000 people. The downtown features 27 million square feet of office space in a varied collection of buildings, from Pioneer Square's historic properties to the Columbia Seafirst Center's 74 floors of offices.
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Downtown Seattle is a top retail location. From the upscale Pike & Pine Street area to the eclectic Pioneer Square art galleries, there is something for everyone. The Pike Place Market is a favorite among locals & visitors alike. "The Market" features two-hundred stores distributed on many floors between First Avenue and the waterfront. In addition, there are over 50 eateries, from doughnut and hot dog stands to fine dining restaurants.
For more information on shopping and retail centers in Seattle go to the Seattle/King County Convention & Visitor's Bureau
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The New Downtown Neighborhood
Seattle's downtown has over 13,000 residential units, and a population of over 21,000, all in an area just over a thousand acres. More than 1,200 apartments and condominium units are planned or under construction in the downtown area. With an average vacancy rate of around 1% for the area, these units are not expected to stay vacant for long. Projects in the works for 2000 are varied: everything from middle class apartments, to high-end condominiums, to low income studio apartments. Projects include:
- Belltown Heights Condominiums- A 48-unit eight-story residential building that will include about 7,500 square feet of ground floor retail space and two below grade parking levels.
- Belltown Lofts and The Courtyard Building- A 28-unit apartment renovation project and an additional 28 new units in an adjacent structure to be called the Courtyard Building.
- Centennial Court- A184-unit six-story apartment complex with about 2,200 square feet of ground floor retail and underground parking for 196 vehicles.
- Fourth and Wall Building- A 160,000 square foot 128-unit apartment building to include 6,800 square feet of ground floor retail and 141 parking spaces
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