Big news for the Emerald City! According to a recent list released by Bloomberg, Seattle is the fourth-richest city in the country when ranked by gross metropolitan product, following San Jose, Bridgeport, Connecticut and San Francisco. It’s no surprise when you consider that “the Seattle-area is home to some of the largest public companies in the country, as well as a bevy of smaller, but fast-growing businesses.”
Given the Seattle Seahawks‘ continued success, it doesn’t come as a surprise that the Puget Sound Business Journal recently featured a print article asking questions about their future. As the article describes, “the Seahawks have ascended in recent years to the upper echelon of the NFL. Such growth isn’t easy to sustain. We asked executives of some of Washington’s Fastest-Growing Private Companies to share a bit of advice regarding what it takes to stay on top.”
The Tech Boom’s impact on the economy and housing market in the Seattle area is receiving increasing recognition, as national news outlets are now weighing in on what the Emerald City’s future may hold. Most recently, Nick Wingfield of The New York Times reported that “Seattle, in Midst of Tech Boom, Tries to Keep Its Soul,” saying that Seattle leaders are no longer looking at San Francisco as a model to live up to, but as a “cautionary tale” to avoid.
This affordable starter home is located just north of Rainier Country Club. Comfortable living with 2,060 square feet of finished space. The updated kitchen boasts granite counters, hardwood floors & stainless appliances. Enjoy Cascade views while entertaining guests on the large deck off the dining room. French doors lead to the spacious lower-level master bedroom complete with wood-burning fireplace. Fabulous full bath with tiled shower area & jetted tub. Huge walk-in closet. Easy access to 509 & I-5.
Are you new to the Pacific Northwest or planning on visiting the region soon? Check out Realogics Sotheby’s International Realty’s TOP 20 Things to do around the Pacific Northwest for some ideas on what to do when you are here!
Realogics Sotheby’s International Realty and Caliber Home Loans looked at average prices of newer condominiums and compared rents for comparable apartments. They found the total cost of ownership was effectively lower when factoring income tax deductions, not to mention the opportunity for capital appreciation. The research was performed as part of a recent think tank hosted by the Puget Sound Business Journal, which was published as a section called The Manhattanization of Seattle.
“We observe China as the soon-to-be largest economy and a wealth engine with a high propensity for its nationals to seek financial safe harbor and education overseas. Asian demographics are the fastest-growing segment in Washington State with the greatest number stemming from China.”
Other markets covered in the report include The United States, The United Kingdom, and Brazil. View more insights in our Luxury Life report.
Still more new office space for Amazon? Permits suggest yes
If they are, Amazon will be taking down around an additional 515,000 square feet of space. This would boost the company’s footprint to around 8 million square feet of space in Seattle when counting what the company owns and leases, what Vulcan Inc. has under construction for Amazon and what Amazon is building or plans to build on its own.
Shorenstein Properties, the owner of the 15-story Blanchard Plaza building at 2201 Sixth Ave., already has received a building permit to do work on floors two through 15 of the two-tower property. That adds up to around 228,000 square feet of space. Listed as the contractor on the permit application is the Seattle office of IA/Interior Architects, which does work for Amazon.
IA Managing Principal Jeff Miller would neither confirm nor deny that the tenant is Amazon. Jean Rainier of Shorenstein referred questions to officials of Urbis Partners, the Seattle commercial real estate company that markets space at Blanchard Plaza for lease. Representatives of Urbis and Amazon did not respond to calls for comment.
A block away, at 2301 Fifth Ave., is a six-story office building called Fifth & Bell, where, according to city records, IA/Interior Architects applied to do alterations on floors one through three. Information on the website of Hines, which owns the building, indicates there are around 100,000 square feet of space on those floors. Hines officials did not respond to calls.
Fifth & Bell and Blanchard Plaza are next to where Amazon is building a three-block campus.
The third building where Amazon has been rumored to be taking space is the empty four-story, 187,000-square-foot 635 Elliott building on Seattle’s waterfront. The owner of that property, Martin Selig Real Estate, earlier this month applied to do tenant improvement work on all four floors. Martin Selig declined to name the tenant. “I never talk about any clients I’m working with,” he said.
Marc Stiles Staff Writer-Puget Sound Business Journal
Can You Guess The Coziest City In America? You Might Be Surprised.
With today’s temperatures in the Midwest and East lower than most of Antarctica’s (and in some places, Mars!) it’s tempting to consider relocating. But no need to look as far as the South Pole — the makers of Honeywell Infrared Heaters tapped consultants at Environmental Health & Engineering for a study on the coziest cities in America. The scientists pored through city data on all things warm and fuzzy, from fireplace and portable heater usage to coffee shop proximity. (Stressful lifestyle scores and historical ambience also played a role).
Their results may surprise you: Sunny Los Angeles is absent (what’s not cozy about an 82-degree Christmas?) as is Portland Maine (home of L.L. Bean and their ever-warm blankets), and Burlington (rolling hills and a brick Main street—shouldn’t that be enough to bring it to the top 10?).
10. Savannah, GA
9. New Orleans, LA
8. Providence, RI
7. Baltimore, MD
6. Seattle, WA
5. Portland, OR
4. Washington, DC
3. Santa Fe, NM
2. San Francisco, CA
1. Boston/Cambridge, MA
-Enrico Pozzo, Barry Bergner & the SeattlebyDesign Team
Photo by Julian Wass
This article originally appeared on ELLEDECOR.com
Original Post: http://www.housebeautiful.com/shopping/decorating-trends/coziest-city-in-america-elledecor?src=spr_FBPAGE&spr_id=1451_42032608