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 Downtown Seattle’s troubles go beyond the pandemic

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RR Phantom

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PostSubject: Downtown Seattle’s troubles go beyond the pandemic    Downtown Seattle’s troubles go beyond the pandemic Icon_minitimeSat Oct 16, 2021 5:19 pm
A New York Times headline this week said, “As Big Tech Grows in the Pandemic, Seattle Grows With It.” Yet the story mostly refers to the Eastside, while Seattle’s downtown remains in trouble.

Downtown Seattle’s troubles go beyond the pandemic 10142021_Downtown-Seattle_183740-780x527

That’s partly because Amazon, which employs 50,000 in the central core, announced this week it would allow many corporate and tech employees to work from home indefinitely.

Amazon swings enough of a bat as downtown’s biggest holder of office space, the city’s largest private-sector employer and a big local taxpayer. But it also carries influence with companies that aren’t even associated with Amazon, potentially driving their decisions to continue remote work and downsize their office leases.

According to a recovery tracker compiled by the Downtown Seattle Association, 24% of workers were back in their offices as of late September compared with the same period of 2019. That’s little changed from early July, when the delta variant kicked in as a highly contagious element of COVID-19. Working from the office downtown cratered to 17% at the end of March 2020.

.https://www.seattletimes.com/business/downtown-seattles-troubles-go-beyond-the-pandemic/

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