Seattle’s City Council voted to change zoning in downtown and South Lake Union, to allow taller buildings. The upzoning approved lets developers increase new buildings by a floor or more, depending on the site’s location.
Developers will also need to include rent-restricted units or pay fees to create units at other projects, as part of a new Mandatory Housing Affordability program. It is the first time developers in Seattle have been required to contribute to building affordable housing.
The city is seeking more upzoning changes as a way to stimulate development of some 6,000 rent-restricted units in the coming decade. The downtown and South Lake Union upzones are expected to deliver 2,100 rent-restricted units, and the proposed affordable-housing requirements are lower than other areas.
For comments, questions or concerns, please contact Dennis Kaiser