Friday, December 4, 2020

Tag: Going Crane-Counting in Seattle: Something Has to Give

Going Crane-Counting in Seattle: Something Has to Give

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by Wolf Richter, Wolf Street:
There are 67,507 apartment units in various stages of the pipeline.

It’s kind of hard to wrap your head around this apartment construction boom that started in 2012: In the Seattle area, there are currently 23,572 apartment units under construction in large buildings of 50 or more apartments. Of them, 58{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} are in the city of Seattle, 24{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} on the Eastside (suburbs east of Lake Washington), 9{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in Snohomish County to the north of Seattle, and 9{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in South King County.