Public Policy Struggles to Keep Up With Seattle Boom

The Puget Sound area is going to see population and job growth for the foreseeable future--decades into the future, including urban downtowns as well as the suburbs--says Cairncross & Hempelmann attorney Nancy Rogers, who moderated both panels at Bisnow’s recent Seattle Construction & Development Summit. (And as we all grow older and the population grows, the grocery store line wait is going to skyrocket.) The region's growth, she tells us, is driving public policy trends that will affect developers and property owners. The Seattle area can’t simply sprawl, both for geographic reasons and because the Growth Management Act determines what will be at urban density, and what won’t. The GMA is going to continue to drive density in areas in which density is allowed, and that’s going to continue to drive up prices as land supply becomes more constrained.

At the state level, Nancy says that it’s tough to know when a comprehensive transportation policy is finally going to emerge from the state legislature--though one needs to, and the sooner the better. “We need improved transportation infrastructure,” she says. “It’s vital to serve existing businesses, and allow new businesses to grow.” (Tandem bikes just aren't going to be a viable transportation options, regardless of what the Muppets might have you believe.) So far the state hasn’t stepped up to the plate to pass a transportation package. There’s still a lot of disagreement in Olympia about how state-run projects should be permitted and run, among a number of other sticking points. Nancy’s snapped at home on her deck, which just happens to have a terrific view of downtown.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Seattle Newsletters
Related Stories

Microsoft Sues JLL For Protection Against Lawsuit At NYC Office Project

Receiver Appointed For X Denver Apartment Building Near Coors Field

Social Housing Providers Turn To Bond Markets To Fund Expansions

Revere Beach Apartments Sell For $77M

Pair Of Evanston Apartment Buildings Trade Hands, Including A Reinsdorf-Backed Sale

Developer Inks Deal To Move HQ To Lerner's Tysons Tower

Ireland's AI Funding Boom Helps Drive Down Dublin Office Vacancy Rates

Where Occupier Fit-Outs Are Going Wrong And Why The Answer Is 70%

How AI Is Reshaping Brokerage Operations And Investor Portfolios

Denver Tech Center Office Tower Trades Hands For First Time In 14 Years

Miami Retail Construction Pipeline Hits Highest Level In 3 Years

Meet The Early Movers In America's $3T Push For Manufacturing Construction