DOWNTOWN SEATTLE CONDOS
Welcome to Seattle
Seattle is a West Coast seaport city and the seat of King County. With an estimated 662,400 residents as of 2015, Seattle is the largest city in both the state of Washington and the Pacific Northwest region of North America. In July 2013 it was the fastest-growing major city in the United States, and remained in the top five in May 2015 with an annual growth rate of 2.1%. The Seattle metropolitan area of around 3.6 million inhabitants is the 15th largest metropolitan area in the United States. The city is situated on an isthmus between Puget Sound (an inlet of the Pacific Ocean) and Lake Washington, about 100 miles (160 km) south of the Canada–United States border. A major gateway for trade with Asia, Seattle is the third largest port in North America in terms of container handling as of 2015.
The Seattle area was previously inhabited by Native Americans for at least 4,000 years before the first permanent European settlers. Arthur A. Denny and his group of travelers, subsequently known as the Denny Party, arrived from Illinois via Portland, Oregon on the schooner Exact at Alki Point on November 13, 1851. The settlement was moved to the eastern shore of Elliott Bay and named “Seattle” in 1852, after Chief Si’ahl of the local Duwamish and Suquamish tribes.
Logging was Seattle’s first major industry, but by the late 19th century the city had become a commercial and shipbuilding center as a gateway to Alaska during the Klondike Gold Rush. By 1910, Seattle was one of the 25 largest cities in the country. However, the Great Depression severely damaged the city’s economy. Growth returned during and after World War II, due partially to the local Boeing company, which established Seattle as a center for aircraft manufacturing. The Seattle area developed as a technology center beginning in the 1980s, with companies like Microsoft becoming established in the region. In 1994 the Internet retail giant Amazon was founded in Seattle. The stream of new software, biotechnology, and Internet companies led to an economic revival, which increased the city’s population by almost 50,000 between 1990 and 2000.
Seattle has a noteworthy musical history. From 1918 to 1951, nearly two dozen jazz nightclubs existed along Jackson Street, from the current Chinatown/International District, to the Central District. The jazz scene developed the early careers of Ray Charles, Quincy Jones, Ernestine Anderson and others. Seattle is also the birthplace of rock musician Jimi Hendrix and the alternative rock style grunge.
Parks and Recreation:
Seattle’s mild, temperate marine climate allows year-round outdoor recreation, including walking, cycling, hiking, skiing, snowboarding, kayaking, rock climbing, motor boating, sailing, team sports, and swimming.
In town, many people walk around Green Lake, through the forests and along the bluffs and beaches of 535-acre (2.2 km2) Discovery Park (the largest park in the city) in Magnolia, along the shores of Myrtle Edwards Park on the Downtown waterfront, along the shoreline of Lake Washington at Seward Park, along Alki Beach in West Seattle, or along the Burke-Gilman Trail.
Gas Works Park features the majestic preserved superstructure of a coal gasification plant closed in 1956. Located across Lake Union from downtown, the park provides panoramic views of the Seattle skyline.
Also popular are hikes and skiing in the nearby Cascade or Olympic Mountains and kayaking and sailing in the waters of Puget Sound, the Strait of Juan de Fuca, and the Strait of Georgia. In 2005, Men’s Fitness magazine named Seattle the fittest city in the United States.
In its 2013 ParkScore ranking, The Trust for Public Land, reported that Seattle had the 10th best park system among the 50 most populous U.S. cities. ParkScore ranks city park systems by a formula that analyzes acreage, access, and service and investment.
Main Info Link: Arts in Seattle
Main Health System Info Link: Medical facilities of Seattle
Main Info Link: Transportation in Seattle
Seattle Map System: Street layout of Seattle
Main Info Link: Museums and galleries of Seattle
Main Info Link: Sports in Seattle
Seattle’s economy is driven by a mix of older industrial companies, and “new economy” Internet and technology companies, service, design and clean technology companies. The city’s gross metropolitan product was $231 billion in 2010, making it the 11th largest metropolitan economy in the United States. The Port of Seattle, which also operates Seattle–Tacoma International Airport, is a major gateway for trade with Asia and cruises to Alaska, and is the 8th largest port in the United States in terms of container capacity. Though it was affected by the Great Recession, Seattle has retained a comparatively strong economy, and remains a hotbed for start-up businesses, especially in green building and clean technologies: it was ranked as America’s No. 1 “smarter city” based on its government policies and green economy. In February 2010, the city government committed Seattle to becoming North America’s first “climate neutral” city, with a goal of reaching zero net per capita greenhouse gas emissions by 2030.
Still, very large companies dominate the business landscape. Four companies on the 2013 Fortune 500 list of the United States’ largest companies, based on total revenue, are headquartered in Seattle: Internet retailer Amazon.com (#49), coffee chain Starbucks (#208), department store Nordstrom (#227), and freight forwarder Expeditors International of Washington (#428). Other Fortune 500 companies popularly associated with Seattle are based in nearby Puget Sound cities. Warehouse club chain Costco (#22), the largest retail company in Washington, is based in Issaquah. Microsoft (#35) is located in Redmond. Weyerhaeuser, the forest products company (#363), is based in Federal Way. Finally, Bellevue is home to truck manufacturer Paccar (#168). Other major companies in the area include Nintendo of America in Redmond, T-Mobile US in Bellevue, Expedia Inc. in Bellevue and Providence Health & Services — the state’s largest health care system and fifth largest employer — in Renton. The city has a reputation for heavy coffee consumption; coffee companies founded or based in Seattle include Starbucks, Seattle’s Best Coffee, and Tully’s. There are also many successful independent artisanal espresso roasters and cafés.
Prior to moving its headquarters to Chicago, aerospace manufacturer Boeing (#30) was the largest company based in Seattle. Its largest division is still headquartered in nearby Renton, and the company has large aircraft manufacturing plants in Everett and Renton, so it remains the largest private employer in the Seattle metropolitan area. Former Seattle Mayor Greg Nickels announced a desire to spark a new economic boom driven by the biotechnology industry in 2006. Major redevelopment of the South Lake Union neighborhood is underway, in an effort to attract new and established biotech companies to the city, joining biotech companies Corixa (acquired by GlaxoSmithKline), Immunex (now part of Amgen), Trubion, and ZymoGenetics. Vulcan Inc., the holding company of billionaire Paul Allen, is behind most of the development projects in the region. While some see the new development as an economic boon, others have criticized Nickels and the Seattle City Council for pandering to Allen’s interests at taxpayers’ expense. Also in 2006, Expansion Magazine ranked Seattle among the top 10 metropolitan areas in the nation for climates favorable to business expansion. In 2005, Forbes ranked Seattle as the most expensive American city for buying a house based on the local income levels. In 2013, however, the magazine ranked Seattle No. 9 on its list of the Best Places for Business and Careers.
Main Educational Seattle Info Link: Education in Seattle
Of the city’s population over the age of 25, 53.8% (vs. a national average of 27.4%) hold a bachelor’s degree or higher, and 91.9% (vs. 84.5% nationally) have a high school diploma or equivalent. A 2008 United States Census Bureau survey showed that Seattle had the highest percentage of college and university graduates of any major U.S. city. The city was listed as the most literate of the country’s 69 largest cities in 2005 and 2006, the second most literate in 2007 and the most literate in 2008 in studies conducted by Central Connecticut State University.
Seattle Public Schools desegregated without a court order but continue to struggle to achieve racial balance in a somewhat ethnically divided city (the south part of town having more ethnic minorities than the north). In 2007, Seattle’s racial tie-breaking system was struck down by the United States Supreme Court, but the ruling left the door open for desegregation formulae based on other indicators (e.g., income or socioeconomic class).
Seattle is home to the University of Washington, as well as the institution’s professional and continuing education unit, the University of Washington Educational Outreach. A study by Newsweek International in 2006 cited the University of Washington as the twenty-second best university in the world. Seattle also has a number of smaller private universities including Seattle University and Seattle Pacific University, the former a Jesuit Catholic institution, the latter Free Methodist; universities aimed at the working adult, like City University and Antioch University; colleges within the Seattle Colleges District system, comprising North, Central, and South; seminaries, including Western Seminary and a number of arts colleges, such as Cornish College of the Arts, Pratt Fine Arts Center, and The Art Institute of Seattle. In 2001, Time magazine selected Seattle Central Community College as community college of the year, stating the school “pushes diverse students to work together in small teams”.
Downtown Seattle Condo Market Update
MORE GREATER SEATTLE NEIGHBORHOODS TO CHOOSE
YES 'International' is our middle name and it shows.
Buying or Selling A Home? We’re Here To Help
No matter if your looking for a your new elite home or wanting to sell your current home. Providing friendly and knowledgeable service, Eddie Chang is here to assist you in every way possible.
Realogics Sotheby’s International Realty
15 Lake Street #200
Kirkland, WA, 98033
Direct: (425) 922-7136
Office: (425) 658-5300
Fax: (425) 658-5400