Downtown Seattle Association Annual Meeting Recap
On June 21st, 2018 more than 900 stakeholders, influencers, and city-shapers attended the 2018 Downtown Seattle Association's Annual Meeting, which was held in the Doppler Conference Center at Amazon. Realogics Sotheby's International Realty presented a condominium showcase and received high-profile exposure as a Visionary Sponsor and during Realogics Sotheby's International Realty Owner & President Dean Jones' welcoming address.
During his welcoming address, Jones cited research that noted 30,000 multifamily housing units will be delivered in downtown Seattle's urban neighborhoods between 2010 and 2020. He suggested developers are now playing catch up but noted that demand can rise faster than supply when building high-rises. Jones was followed by John Scholes, President of the Downtown Seattle Association, who discussed the recent repeal of the Seattle City Council's head tax on jobs; and described the Council as "backwards" while acknowledging that challenges still exist in creating affordable housing and tackling homelessness.
Before and after the presentations, guests of the event were able to explore the "condo corner" which included models of NEXUS by Burrard Group, KODA by Da-Li Development, and SPIRE by Laconia and Vanke. Other booths also had models of The Pinnacle at Alki and SOLIS on Capitol Hill. One thing is for certain, the skyline of Seattle is under construction and homebuyers can expect a shift in the condominium market in the coming years.
Read more about the Downtown Seattle Association Annual Meeting here: Realogics Sotheby's International Realty Presents a Condominium Showcase