Above, a 1906-built house on Malden Ave E awaits the start of its move a few dozen yards to make space for a new townhouse project
Under current zoning, Urban Centers like parts of Capitol Hill, have lots of room for growth, city planners say (Source: City of Seattle Development Capacity Report)
Think Capitol Hill is a densely populated, bustling urban neighborhood? Just wait.
The Department of Planning and Development earlier this month released a revised Development Capacity Report as part of its every 10-year review of the city’s Comprehensive Plan. The full report is embedded at the bottom of this post.
According to the report’s estimates, under current zoning, Capitol Hill could add more than 19,000 residential units to its existing 26,600, an increase of about 71%. In the report, Capitol Hill includes the sub-areas of Capitol Hill, Pike/Pine, First Hill and 12th Ave.
The commercial side could see an increase of more than 950,000 square feet of space, in addition to the existing 11.9 million square feet. This would translate into enough space for about 3,200 more jobs, above the current 40,100, an increase of almost 8%.
The forecasts and estimates will play a big role as Seattle sets about updating its next 20-year plan by mid-2015. In the meantime, rents in Seattle are rising faster than in any other major U.S. city — and, as any renter was probably sad to read on CHS, they’re rising even faster on Capitol Hill.