Chapter 6 Economic Vitality Background Report

6x economic vitality br pdf

This report, Chapter 6 of the City of SeaTac's Envision SeaTac 2044 Comprehensive Plan, analyzes the city's economic vitality through employment trends, workforce demographics, and commercial market conditions across office, industrial, retail, and hospitality sectors. It examines job growth, wage levels, commuting patterns, and racial demographics of the local workforce, alongside vacancy rates and development activity. The chapter also outlines growth targets and land capacity analysis to guide SeaTac's economic development through 2044.

Notes

City of SeaTac Comprehensive Plan Chapter 6: Economic Vitality Background Report, part of the Envision SeaTac 2044 planning process (PRR26-564). Covers employment and workforce profile including covered employment by NAICS sector 2000–2023, job density maps, transportation and warehousing jobs, accommodation and food services jobs, business counts by sector, and employment comparisons across South King County cities. Includes market conditions analysis for office, industrial, retail, and tourism/hospitality sectors with vacancy rates, rent trends, hotel ADR/RevPar/occupancy 2018–2024, and office inventory in SeaTac 2000–2024. Also covers workforce demographics by race, commuting distance, age group unemployment, median household and per capita income in South King County cities (2022), Washington State wage estimates by occupation, and growth targets/land capacity analysis with net new housing unit and jobs targets 2019–2044.

V V