Crane on First Hill. Image Credit: Joe Mabel (CC by SA-4.0)
According Rider Levett Bucknell’s latest Crane Index, the number of cranes erected in the city of Seattle has dropped below 50 for the first time since 2015. Seattle still beats out the rest of the country: Los Angeles, Denver, and Chicago all tied for second place with 36 cranes apiece. One North American city has Seattle beat though: Toronto, at a whopping 88 cranes. The report also noted that about a third of Seattle’s cranes are being employed for mixed-use development, no doubt due to Seattle’s generous allowable floor area ratio in its commercial zones. The next highest areas of development were residential and education respectively. Construction cost in the city have also risen about 5 percent according to the report.
Recent Comments