Seattle's waterfront-overhaul plan meeting resistance from the people who are supposed to foot the

Seattle’s waterfront-overhaul plan meeting resistance from the people who are supposed to foot the $200M bill for it


Seattle is negotiating with some downtown-property owners over a $200 million tax for the new park and promenade the city wants to build along the waterfront, along with a pedestrian connection to Pike Place Market.

The talks could result in the city reducing the size of the assessment by tens of millions of dollars and making commitments related to maintaining the public space that’s planned to be built after the Alaskan Way Viaduct is demolished.

Land-use attorney and political power player Jack McCullough has been representing certain property owners in the meetings, and some condo owners were recently told the city had tentatively agreed to lower the assessment to $160 million.

The bargaining is happening now because Mayor Jenny Durkan’s administration wants to pass an ordinance by the end of the year that would create a local improvement district (LID) and because property owners have been putting pressure on the city by filing protest letters.

Read more: https://www.seattletimes.com/seattle-news/politics/seattle-negotiating-with-downtown-property-owners-over-200-million-tax-for-waterfront-project/