TagEconomic Impacts(6)

Community Attributes Inc. tells data-rich stories about communities that are important to decision makers.

Community Attributes Inc. tells data-rich stories about communities that are important to decision makers.

Community Attributes Inc. tells data-rich stories about communities that are important to decision makers.

The Port of Seattle is one of the Pacific Northwest’s leading economic engines. From fishermen and longshore workers to hay growers in Central Washington, and from shops in tourist destinations like Pike Place Market to corporate giants like Microsoft and Boeing, the port touches nearly every aspect of the economy. The port retained Martin Associates to measure the port’s economic contribution based on business activity data collected in 2013. The report demonstrates that the port is a strong driving force for sustainable regional prosperity. It shows that marine cargo activity, fishing, cruise operations, recreational boating, port real estate tenants and Seattle-Tacoma International Airport combine to generate the following: • 216,271 jobs, including 129,744 direct jobs • $9.6 billion in personal income • $19.8 billion in business revenue • $894.4 million in state and local taxes 150,000 Port of Seattle Microsoft Boeing University of Washington 100,000 50,000 DIRECT JOBS DIRECT IMPACTS Jobs and business revenue directly generated by port activity Longshore workers, truckers, airlines, airport concessions, security and fishermen RELATED IMPACTS Benefits resulting from activity by firms that use port cargo and passenger facilities Farmers, manufacturers and businesses that depend on air travel DIRECT IMPACTS FROM THE VISITOR INDUSTRY Jobs and revenue directly generated by tourist activity associated with the airport and cruise business Hotels, restaurants and retail stores INDIRECT IMPACTS Jobs and revenue resulting from purchases by port-related businesses Equipment suppliers and business services like insurance and law firms INDUCED IMPACTS Jobs and revenue resulting from purchases by direct employees…

The assessment and evaluation of the proposed project's impacts were based on "neighborhoods" as defined by the cities of Burien, Des Moines, Federal Way, Normandy Park, and Tukwila. For the Highline School District, each area served by each elementary, middle and high school were assessed. Each neighborhood matrix presents environmental, transportation, and socio-economic impacts. Each matrix is divided into the following columns: • Measure • Impact • Mitigation • Cost The type of impact being assessed. For example, aircraft noise (DNL and SEL). cultural resources, local streets, and public safety are just a few of the measures being considered. The quantifiable effect experienced in each neighborhood. For example, if one-third or more of a neighborhood is within a particular noise contour, the whole neighborhood is considered to be impacted by that contour. The action necessary to address the specific impact. For example, buying out and redeveloping a neighborhood is one form of mitigation. The estimated cost of implementing each specific mitigation action. NEIGHBORHOOD Et~~ v IRONMENTAL IMPACTS MEASURE ! IMPACT MITIGATION NOISE AND VIBRATION DNL SEL , · ,. ·, 1) 1/3 or more of a neighborhood is in the 65 DNL 11) Buyout and redevelop contour (and higher) 2) 113 or more of a neighborhood is in the 60 to 65 I 2) Easement and insulation DNL contour Neighborhoods within the 400' topographic line that are also within 5 miles of the airport. Easement and insulation 1) $760,000/acre 2) $37,500/acre $37,500/acre ; !::;;!::,~{~'~ ~.;:::'ber of minutes per average annual…