Commercial Property Investments

South Seattle Community Prepares for Future Light Rail Expansion.

South Seattle Community Prepares for Future Light Rail Expansion.

The Graham Street station in South Seattle is not expected to go online until 2031. But community organizers are already anticipating new development and evaluating the potential effects of gentrification in the area. In particular, SouthCore, a coalition of 24 organizations that was active in lobbying for the new station, is trying to start a community dialogue about the needs of the neighborhood. Many fear a rises in housing prices and closures of long-standing businesses, as occurred in the Columbia City neighborhood when it received a station in 2009. Currently, SouthCore is engaging in a door-to-door campaign in order to assess how much unsubsidized affordable housing exists in the area. Going forward, the organization is considering community land trust models as well as community benefits agreements with private developers. The SouthCore leadership emphasize that they are not against economic development, but have concerns about maintaining the cultural diversity of the area.

 

Image Credit: Andrew Nash (CC by 2.0)

Mike Meisenbach on Twitter

RT @bohamrick: 7 Apps Every Commercial Real Estate Broker Needs https://t.co/6OdRC3Fubg

RT @richdadedu: What Are The 3 Key Metrics For Commercial Real Estate? https://t.co/aciBdlr9FJ - Attend our next online training: https://…

RT @NAR_Research: Trends, opportunities, and potential speed bumps to look out for in commercial real estate #CRE: https://t.co/oaytzsvIbu…

RT @REoptimizer: 4 Myths About Commercial Real Estate...Debunked #CRE https://t.co/1UhWY0xkD1 https://t.co/kWJbGXhSMa

RT @SeattlesBanker: OCC seeks to raise appraisal thresholds for commercial real estate loans https://t.co/4MCDfFvzyD

RT @seattlepi: Commercial real estate sellers are trying some new angles in selling properties for development in Seattle. https://t.co/7dO…

RT @EW: ICYMI: Netflix says more #ArrestedDevelopment is in the works: http://t.co/ZbHdbixpKF http://t.co/Lqg5jBp69i

Address of Real Bluth Model Home REVEALED #ArrestedDevelopment: http://t.co/1qNT2TPwz0 http://t.co/gjcWN8U7HL

Art Stable, by Olson Kundig Architects, Seattle, Wash. The live/work loft project includes a seven-s http://t.co/6Oi9pWs1BS

Aros: Federal Center South Building 1202, Seattle, Washington. Commercial Real Estate #commercialre http://t.co/lRX2VhtOZ5

Please fill all widget settings!

RT @bohamrick: 7 Apps Every Commercial Real Estate Broker Needs https://t.co/6OdRC3Fubg

RT @richdadedu: What Are The 3 Key Metrics For Commercial Real Estate? https://t.co/aciBdlr9FJ - Attend our next online training: https://…

RT @NAR_Research: Trends, opportunities, and potential speed bumps to look out for in commercial real estate #CRE: https://t.co/oaytzsvIbu…

RT @REoptimizer: 4 Myths About Commercial Real Estate...Debunked #CRE https://t.co/1UhWY0xkD1 https://t.co/kWJbGXhSMa

RT @SeattlesBanker: OCC seeks to raise appraisal thresholds for commercial real estate loans https://t.co/4MCDfFvzyD

RT @seattlepi: Commercial real estate sellers are trying some new angles in selling properties for development in Seattle. https://t.co/7dO…

RT @EW: ICYMI: Netflix says more #ArrestedDevelopment is in the works: http://t.co/ZbHdbixpKF http://t.co/Lqg5jBp69i

Address of Real Bluth Model Home REVEALED #ArrestedDevelopment: http://t.co/1qNT2TPwz0 http://t.co/gjcWN8U7HL

Art Stable, by Olson Kundig Architects, Seattle, Wash. The live/work loft project includes a seven-s http://t.co/6Oi9pWs1BS

Aros: Federal Center South Building 1202, Seattle, Washington. Commercial Real Estate #commercialre http://t.co/lRX2VhtOZ5

RT @bohamrick: 7 Apps Every Commercial Real Estate Broker Needs https://t.co/6OdRC3Fubg
RT @richdadedu: What Are The 3 Key Metrics For Commercial Real Estate? https://t.co/aciBdlr9FJ - Attend our next online training: https://…
RT @NAR_Research: Trends, opportunities, and potential speed bumps to look out for in commercial real estate #CRE: https://t.co/oaytzsvIbu…
RT @REoptimizer: 4 Myths About Commercial Real Estate...Debunked #CRE https://t.co/1UhWY0xkD1 https://t.co/kWJbGXhSMa
RT @SeattlesBanker: OCC seeks to raise appraisal thresholds for commercial real estate loans https://t.co/4MCDfFvzyD
RT @seattlepi: Commercial real estate sellers are trying some new angles in selling properties for development in Seattle. https://t.co/7dO…
RT @EW: ICYMI: Netflix says more #ArrestedDevelopment is in the works: http://t.co/ZbHdbixpKF http://t.co/Lqg5jBp69i
Address of Real Bluth Model Home REVEALED #ArrestedDevelopment: http://t.co/1qNT2TPwz0 http://t.co/gjcWN8U7HL
Art Stable, by Olson Kundig Architects, Seattle, Wash. The live/work loft project includes a seven-s http://t.co/6Oi9pWs1BS
Aros: Federal Center South Building 1202, Seattle, Washington. Commercial Real Estate #commercialre http://t.co/lRX2VhtOZ5