How do 60,000 new employees affect Seattle?

On February 14th, at Downtown Seattle Association’s (DSA) State of Downtown event, several note-worthy stats were brought to light to paint a picture of Downtown Seattle’s story, since 2010. The driving factor behind the city’s transformation is the demand for more employees; it’s clear that housing is the “traffic jam.”

Reported statistics for Downtown Seattle

2010 – present:

  • 60,000 new jobs were added
  • Population has grown 22%
  • Taxable brick-and-mortar retail sales have increased 34%

2016

  • Downtown businesses contributed $3.2 Billion in local, state, and federal taxes

2017

  • From construction, 3.6 million square feet of space was added above street level
  • 5,725 residential units and 637 hotel rooms were added

Present – 2020

  • 3 million square feet of space will be completed
  • More than 8,700 residential units and 2,400 hotel rooms will be developed
  • Public projects, budgeted around $330 Million are planned or underway

The short version

The takeaway is more people are moving to Downtown Seattle than there are places for them to live. For the majority of Downtown Seattle, the only way to accommodate these new residents is to build upward. Two major concerns that the DSA discussed were homelessness and affordable housing, and traffic. They have not developed a solution, however, there is a 20-year plan called One Center City to develop a solution.

The event discussion was focused on Downtown Seattle (Downtown Seattle area defined by the DSA), but the findings reflect the story of all of Metro Seattle. Without an adequate supply of housing for the thousands of new employees hired per month, it’s not difficult to see how problems can arise. Downtown Seattle has its issues of traffic and congestion that other neighborhoods may not have, but the bottleneck in the story is the amount of available housing. Below is a snapshot of statistics for all of Metro Seattle, telling a similar story. The snapshot is taken from our 2017 Annual + Quarterly (Q4) Report.

What do you think?

Click to view the Puget Sound Business Journal article.

Posted on February 16, 2018 at 17:03
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Changes and Milestones that You Might Have Missed in 2017

Did you know Seattle broke several records this year? Have you noticed all of the changes happening around you? Did you know if you were looking for this website a year ago, you’d be – – – – out of luck! Do you remember when the whole city turned white and shut down? What is Seattle, without rain? Dry humor.

Breaking Records and Making Changes

Here’s a breakdown of 2017’s big changes and milestones, in Seattle and at the Wall Street Group, that you might have missed while texting.

January

The launch of liveloveownseattle.com.

Envisioned, by the owner of the Wall Street Group, to be a “one-stop shop” for everything that Seattle has to offer, the website has taken off and is grabbing the attention of more than 2,000 people/month. Pretty cool if you ask us. The most viewed pages are the Neighborhood Reports, the blogs, and the LOVE content (obviously, because who isn’t intrigued by LOVE?).


February

Seattle “shuts down

Monday, February 6th, snow swaddled Seattle overnight, closing schools and keeping many people home from work. What a drag that was, huh? Staying home with the family and enjoying a rare snow day. Should we make it a holiday in remembrance of such a rare event? We’ll talk to the Mayor.

 

March

Sun and tulips started creeping back into our lives as we all put on our summer garbs WAY too early.

 

April

Record-breaking month. Record-breaking month. Record-breaking month.

You read that right. Seattle broke 3 records in April.

From October 2016 to April 2017 (because, if we counted every month it rains we’d be cheating) Seattle took on 44.7” of rain, breaking the Rainfall Record from the previous year. That’s deep enough to paddleboard!

As the sky was naturally pouring down on us in copious amounts, didn’t it seem like it was raining every day? Well, almost. For 144 days, between October 2016 and April 2017, Seattle had more than .01 inches of rain. Thus breaking the record for the number of wet days.

In a different awards ceremony, Seattle celebrated the population officially passing 700,000 people. Keep in mind, the official-ness of the count is really more of a very educated, very calculated, and extremely researched guess. This is most likely the best guess we’ll get, as it is provided by the city of Seattle and Washington state, with collaboration with U.S. Census Bureau. (Sorry for all of that. We love data.)

May

The MarketFront was Completed

Pike Place MarketFront project completed in May, but the grand opening was the following month. Keep reading for the excitement

June

Open for business!

The previous owners traded places with our new owner, of Wall Street Group – Windermere Real Estate, in June. A friendly passing of the baton and business is as usual.

Oh right. Pike Place MarketFront opened to the public, too.

 

July

Kusama comes to Seattle at the SAM

Yayoi Kusama, a Japanese contemporary artist who likes to work in sculpture and installations, showed Seattle what an infinity experience might look and feel like.

“Our earth is only one polka dot among a million start in the cosmos. Polka dots are a way to infinity.” – Yayoi Kusama


August

Don’t look at it!

Remember when the earth was going to stop rotating? Or how about when we were all going to turn into zombies? What about the time when we all looked at the Total Solar Eclipse without proper SolarGlasses (made of cardboard)?

Yes, we actually heard those claims. And don’t say you didn’t look at the Eclipse with your bare eyes. We’ve never seen what 9% of the Sun looked like either. (p.s. if you find any typos it’s because our eyes are still recovering)

Dry Humor

Would you believe that Seattle broke 2 rainfall records and in the same year we also claim the driest stretch too? We sure did! For a record-breaking 56 days, Seattle was without its most talked about characteristic, rain.

September

SPORTS SPORTS SPORTS

So, let’s get this out of the way. The Seahawks. First-year missing the postseason since 2011. But we started off strong with 4 wins during the preseason and ending the season over .500. Let’s keep our heads high and let’s hear it in 2018, 12s!

The Mariners. Oh, Mariners. They didn’t make it to the postseason…again…but did you get a chance to check out the homerun food offerings at Safeco Field? Ballard Pizza Co., Great State Burger, and Poquitos! Tempted to buy season tickets for the food. Yumm!

The Sounders had a great season with a 14-11 record, and making it to the MLS Cup finals. Not to mention our 9-year streak of having the best record in the MLS. We’re really looking forward to next season.

Space Needle gets a Spacelift

If you’ve been able to pull your eyes off of your phone for a moment and look up. You’ll notice the Space Needle looks a bit different. That’s because it’s getting a facelift. To be more specific, the safety cage that hinders the view will be replaced with floor to “sky” glass barrier; from the renderings, it looks like the restaurants may be getting fitted with a glass floor.

October

Oktober Fests, scare-athons, and “hello” cold weather again (we had a good run, sun).

November

Giving back and get-togethers

We couldn’t say enough about how much the Wall Street Group Brokers do for the community. All year long, they attend in charity events, roll their sleeves up for community service, and gladly pull their checkbooks out. November is a special time during the year when the staff, owners, and dozens of Brokers come together to help a few organizations.

Every year for last 15 years, our Brokers have offered a hand to help out families in need of a Thanksgiving dinner, with Child Haven, Northwest Harvest Food Drive, and #tacklehomelessness. It’s truly a beautiful time of year.

December

Wrap it up

As we wrapped up a monumental year of changes, experiences, and a dynamic real estate market, we had a few more things to squeeze in. A couple more community events to provide winter clothing and toys to Seattle youth, and one amazing holiday party. Chihuly Garden and Glass hosted the Brokers of Wall Street Group for our Annual Holiday Party, and all we can say is, wow and #blessed. Blessed to have a community of relationships like you to look after one another and grow this wonderful city together.

And there ya have it, the most phenomenal changes and milestones in 2017. Maybe we stretched the meaning of phenomenal and milestones a bit, but they say beauty is in the eye of the beholder. Either way, 2017 was a great year for us at the Wall Street Group and it was pretty cool to watch all of the changes happen in Seattle.

We are predicting 2018 to be even more phenomenal.

How was your 2017? Any big changes?

Posted on January 26, 2018 at 16:19
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Another Successful Thanksgiving Food Drive to Support the Families of ChildHaven

For the last 15 years, continued through warm hearts and selflessness, agents of the Wall Street office have had the privilege of providing Thanksgiving groceries to families in need. The organization that makes this possible is ChildHaven, a 501(c)(3) organization founded in 1909 to heal families and children and stop the cycle of abuse and neglect.

This year we were humbled to lend a hand to 15 families in need. By providing all of the items necessary to make a wonderful Thanksgiving meal, nearly 140 people (children, parents, grandparents, and aunts and uncles) were able to commune with one another over their truly home-cooked meal.

We would like to give a special thank you to the QFC on lower Queen Anne who helped facilitate the food shopping experience. General Manager, Christopher Randish, Produce Manager, Jeremiah Kelly, and their team made the experience effortless by having items arranged, boxed, and nearly ready to go when we showed up at 8:00 am. Everything went smoothly with their generous help.

Turkey, holding, thanksgiving, event, helping, hand, others, donate, service, community, helpout, giveback, give, back, struggling, spread, wealth, help, belltown, qfc, groceries, food, drive, bank, hungry, hunger, family, families, children, clothes, nonprofit, organization, orgs, business, love, seattle, queen, anne, neighborhood, photography, liveloveown, shopping, group, Wall, Street, Agents, ChildHaven, Community, Service, Event

We were so grateful to be able to touch the lives of so many families this year and will continue to look forward to the next opportunity to reach out to our community to provide what we can. We also had a lot of fun. Happy Thanksgiving, everyone!

Posted on November 22, 2017 at 16:22
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STEM: Inspiring Students to Create a Brighter Future

Washington State is a National Leader in STEM!

In 2013, the state of Washington passed a bill to significantly improve its STEM (Science, Technology, Engineering, and Mathematics) learning opportunities and educational outcomes for K-12 students. Simply put, Washington schools, government, and non-profit organizations have teamed together to create more ways to give our children opportunities to learn and apply STEM skills. Each year, more opportunities arise, more grant money is budgeted, our children get excited, and a brighter future is painted.

Why is STEM important?

So, you may think STEM education has been around since you were in school. Unless you participated in Science Fairs and went out of your way to expose yourself to STEM activities, you probably only scratched the surface of what is available to children today. Traditional education teaches about cool technology, math equations, and engineering marvels. STEM education goes a step further and puts the student in the driver’s seat and creates opportunities to put their education to work. Wouldn’t it be fun to learn how to build a robot? Code a program to control the robot? Or use the robot to gather samples of ecosystems in the Puget Sound? With real-world application, students are given the opportunity to get excited about possible career paths at an early age.

There are limitless benefits of STEM education, but here are a few to get you thinking: for years to come,

  • education standards and curriculum quality education will increase
  • high school graduation rates will increase
  • job satisfaction will increase
  • the global economy will increase, beginning in Seattle
  • there will be a greater number and quality inventions
  • the poverty level will decrease
  • the price of education will decrease

Washington STEM put together an amazing video outlining what STEM means and how students can thrive from STEM education.

[arve url=”https://www.youtube.com/watch?time_continue=27&v=DT5wR70lNDY” title=”Washington STEM – Inspire, Engage and Unleash Potential” description=”Washington STEM advances excellence, innovation, and equity in science, technology, engineering, and math (STEM) education for all Washington students. Our vision is to see all students succeed in thriving communities all within a vibrant Washington state.” upload_date=”Nov 29, 2016″ /]

STEM is Important for Seattle

Let’s be frank for a minute. Consider the industry that has moved into Seattle. No, we’re not talking about all of the construction. We’re talking about the tech industry that is creating all of the construction. Companies like Amazon, Google, Facebook, Microsoft, Expedia (and the list goes on) are continuing to grow and change the landscape of Metro Seattle – not to mention the other giant corporations like Boeing, Starbucks, Nordstrom, Nintendo, Weyerhauser, and Windermere. The employees that these global companies are looking for are (for all intense and purposes) STEM employees. That said, 30% of their tech-savvy and STEM employees are transplants (not from Seattle).

The more foreign employees these companies recruit, the more real estate construction and buildings will be built to accommodate them. Following all of these employees will be more consumer businesses, restaurants, traffic and more advancements in the city infrastructure, and ultimately a bigger Metropolitan area.

The changes in Seattle are happening and will continue for years to come. The key to growing with the city is to acclimate our children to the new and future economy. Resources are widely available and access is becoming easier.

How can my child get involved in STEM education?

There’s a good chance your student is already involved in STEM education at school. Beginning in preschool and Kindergarten, students in Seattle public and private schools are provided with workshops, classroom learning and out of classroom exposure to STEM education. Middle and high schools offer clubs and organizations to further their interests.

Check the Seattle Public Schools’ website to find out if your young student has access to STEM learning. See how your children’s school ranks for STEM, in the Seattle Area.

Extra-Curricular STEM Opportunities

Great resources put together by Washington STEM
20-plus STEM Summer Camps for Seattle-Area Kids by ParentMap
Marine-based STEM learning by Salish Sea Expeditions

Help us expand our list! Let us know which STEM Ed opportunity opened your student’s eyes.


STEM Success Stories

STEM grads step right into the future by The Seattle Times
A life-changing summer in Seattle for six STEM students by PATH – Stories of innovation and impact
Inside the pioneering Seattle area school that’s shaking up how STEM education is taught by GeekWire

Posted on September 18, 2017 at 15:05
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Seattle’s Best Neighborhood

 

It may seem like we say this a lot but, no two Seattle neighborhoods are the same. They each have distinct “personalities” that makes them unique. Without each neighborhoods’ quirks and characteristics, Seattle wouldn’t be the beautifully awe-inspiring city that it is.

So, which neighborhood is the best? Probably the one you’re currently living in, right? Or maybe it’s the one you gravitate to every time you need to throttle your taste buds, kick back with some culture, or loosen your inhibitions with some libations. We all have our guilty pleasures. So, just like all of the different quirks of each neighborhood, we have our own interests and idiosyncrasies.

How do you choose the best neighborhood? What do you look for?

  • Culture – hip, relaxed, business, young, family, lively
  • Music – jazz, theater, party, street performers
  • Food – seafood, Asian food, food trucks
  • Drinks – beer, liquor, wine
  • Proximity from home – worthy of a stay-cation, close enough to frequent and far enough to maintain priorities
  • Other?

If you’re having trouble nailing down your favorite neighborhood, then maybe you need to do some more exploring. Where to start? Our best advice is to ask your close circle of friends and family for their favorite spots to explore. There’s a reason you like them…they probably have some similar interests.

One of our Agent’s makes it a point to find a new restaurant every week.
One of our Office Staff never does the same hike.
Another Agent randomly picks an activity out of the Stranger Things each week.

These are great ways to get to know a neighborhood and area, but also an excellent way to test your comfort level. We’ve also put together a collection of idea sources at the end of the article.

Our favorite neighborhood?

Sorry if you thought we were going to take a hard stand and tell you which neighborhood is the best. That just wouldn’t be our style. We believe all neighborhoods are beautiful in their own right and it would be rude of us to pick our favorite.

Ok…we’ll tell you, but don’t tell anyone. Coincidently, our favorite neighborhood (and we believe this wholeheartedly) is the same one that you think is the best. See we’re kind of similar. 😉

Ready to tell us your favorite neighborhood?

 

 


Neighborhoods

Here’s a cool collection of neighborhood recommendations from Airbnb hosts. The hosts provide their recommendations and rank the neighborhood by their own standards. Although we might have some different things to say about this list, it’s pretty thorough and intriguing.

Here’s a short list of the 15 Best Neighborhoods in Seattle, from Seattle Magazine. Again, it’s not our opinion of the best neighborhoods, but the article offers some insight into what the neighborhoods are all about.

Things to do

Here are some excellent publications to spark your exploration around Seattle’s neighborhoods. You might even find some discounts and freebies.

Atlas Obscura – Guide to Hidden Seattle
BuzzFeed – 28 Unexpectedly Awesome Things to do in Seattle
Curbed: Seattle – 22 Things to do in Seattle with Kids
Groupon – Things to do in Seattle
Seattle Met – 10 Quintessentially Summer Things to do in Seattle
Stranger Things – Things to do in Seattle this Week
The Crazy Tourist – 25 Best Things to do in Seattle, WA
Thrillist – 33 Free Things to do in Seattle
TripAdvisor – Things to Do in Seattle
USAToday:10 Best – Exploring Seattle: Activities Free of Cost, Rich with Delight
Viator – Seattle Tours, Tickets, Activities & Things to do

Posted on August 15, 2017 at 14:29
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