Last updated June 2016
The pace of downtown development continues to rise.
As of June 2016, there were 65 buildings under construction, the most in more than a decade. Downtown Seattle’s construction boom continues with a record level of investment heading into 2016. The past two years have seen investment levels higher than at any point since tracking began. In mid-2015, more than $4 billion of construction projects were under construction. The construction cost for projects under construction is currently at $3.5 billion. This is more than double the $1.6 billion under way five years ago.
Click through the links below to find information about development projects in Downtown Seattle. This includes new construction, remodels/renovations involving building structure changes and public park projects.
Visit our interactive development and construction project map to learn about recent Downtown developments.
Download our Analysis Summary of Downtown Development Projects (2016 mid-year update).
The following summary indicates the status of Downtown Development as of June 1, 2016.
|Projects by Status|
|Currently Under Construction||65|
|Demolition, Shoring and Excavation||13|
|Land Use Issued||20|
|Projects by Category|
|Hotel Rooms by Status|
|Currently Under Construction||608|
|Demolition, Shoring and Excavation||1,562|
|Land Use Issued||726|
|Residential Units by Status|
|Currently Under Construction||7,558|
|Demolition, Shoring and Excavation||1,018|
|Land Use Issued||1,719|
*Completed projects here include those completed between January 2015 and June 2016.