Amazon to SLU
It has been speculated for some time that Amazon has been contemplating a move to the South Lake Union area. Initial reports indicated that Amazon was considering up to 1 million square feet of office space.
In today’s Crosscut, it now appears likely that Amazon will be moving its headquarters and consolidating in South Lake Union.
Though 5,000 employees would eventually be transplanted to SLU, it’s unlikely to have much of an impact on housing or condo sales in the short-term, since the move is only a couple of miles in distance. Longer-term, landing Amazon, Microsoft, UW and Group Health will add to the appeal of SLU. And, it bodes well towards enticing retail and service-related businesses to the SLU district.
Update 10/12/07 - Vulcan and Schnitzer announced plans to build a large office complex in the heart of SLU. The 1.5 million square feet complex, to be completed in 2011, will have just one tenant - Amazon, according to the DJC. The first phase will begin later this year with initial occupancy in 2010.
Image: Seattle PI
Read: Seattle PI - Vulcan reveals plan for six more buildings
I have an anonymous credible source that just confirmed it’s Amazon too.