Tuesday, March 13, 2012
|Seattle Times||Daily Journal of Commerce Headline|
|24-story apartment tower set for Second Avenue downtown||
Seattle’s redeveloped waterfront won’t be complete for decades
|Fed notes better economy, takes no policy action||· The process starts in 2016 with removal of the viaduct, followed by four years of constructing parks and amenities. Then comes private development.
It’s fun to think that when the downtown tunnel opens and the Alaskan Way Viaduct comes down, the waterfront redevelopment switch will be flipped and — voila! An instant urban oasis.
Here’s the reality: Replacing the viaduct is a 100-year decision, so redeveloping the waterfront will unfold over decades.