Downtown Seattle has more residents than ever

[Yo_Mama_Been_Loggin]

Driving the news: Downtown Seattle, comprising 12 neighborhoods from SODO to South Lake Union, accounts for just over 4% of Seattle's total land area, but is now home to more than 14% of all Seattleites, according to Downtown Seattle Association's (DSA) 2023 economic report.

Why it matters: Downtown Seattle has been slower to recover from the pandemic by some measures than many other U.S. cities. But a diverse and growing residential base could set the stage for a more resilient than ever downtown, DSA spokesperson James Sido told Axios.

By the numbers: Downtown Seattle's resident population has increased by 70% since 2010, according to DSA, and is still trending up. Per the report:

Downtown had a record 55,639 occupied apartments last year.

https://www.msn.com/en-us/money/realestate/downtown-seattle-has-more-residents-than-ever/ar-AA18QUJi

[maxsolomon]

1. NYT had a long story on Homelessness yesterday

Mostly about Phoenix, but mentioned that downtown Seattle has lost 2300 businesses since the Pandemic started.

I find that hard to believe, but I do believe that there are tons more people living downtown - the condo towers show no sign of slowing down!