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2010 Press Releases

City launches Only in Seattle marketing campaign highlighting "hidden gem" neighborhood stores and restaurants

On November 16, 2010, the city of Seattle and its neighborhood business district partners launched the Only in Seattle marketing campaign, a visually lush celebration of the many locally owned "hidden gem" retail shops and restaurants in Seattle's unique neighborhoods.

To view the full press release, please click here.

Please visit the official Only in Seattle website for more information on the campaign.

Watch Seattle Channel's coverage of the Only In Seattle launch event at Stellar Pizza.

November 16, 2010

Grow Seattle Fund Provides Nearly $2 Million to West Seattle Thriftway

On Thursday, November 4, 2010, the city's Office of Economic Development and the National Development Council (NDC) announced a Grow Seattle Fund loan of $1.98 million to West Seattle Thriftway, an independent grocery store. The nearly $2 million loan will provide much needed capital to improve Thriftway's energy efficiency, ultimately transitioning it to greener business operations and retaining as many as 120 local well-paying jobs. Business financing and supporting small businesses is a key component of the mayor's Seattle Jobs Plan.

To view the full press release, please click here.

November 4, 2010

OED formally accepts $1 million grant for energy efficiency programs

On Monday, October 4, 2010, the Seattle City Council passed legislation that authorizes the City of Seattle's formal acceptance of a $1 million grant award from the Washington State Department of Commerce's $4.96 million energy credit enhancement program.

To view the full press release, please click here.

October 4, 2010

OED launches website for Seattle Investment Fund - portal for federal New Markets Tax Credits information

On Thursday, September 30, OED launched a website for the Seattle Investment Fund LLC, a limited liability company created by the City of Seattle to help create a robust economy and broadly shared prosperity through investments of federal New Markets Tax Credits. OED has $40 million in NMTCs available for business and real estate projects in low-income communities that fit several criteria around project readiness, geographic area, and public benefit. Through this website, one can access information about the Fund, eligibility criteria for projects, and more.

Visit the Seattle Investment Fund LLC website at www.seattleinvestmentfund.com.

September 30, 2010

Mayor Mike McGinn unveils Seattle Jobs plan, growseattle portal makes a debut

On Tuesday, August 24, Mayor Mike McGinn announced details of the Seattle Jobs Plan, a vision for next-generation economic development that creates a sustainable economy with shared prosperity in Seattle and the Puget Sound region. It consists of a framework of new and existing policies, programs, engagement strategies, and investments that, together, will help create quality jobs, protect the environment, and ensure that taxpayers get true value from the city of Seattle's public investments.

The full Seattle Jobs Plan and executive summary can be found at www.seattle.gov/jobsplan.

August 30, 2010

Support and celebrate the South Park neighborhood

The South Park Bridge, originally opened in 1931, was closed on Wednesday, June 30, 2010 to all forms of traffic. The Office of Economic Development (OED) is working to help local South Park businesses affected by the closure. During and after the closure, OED will be collaborating with other City departments, ECOSS, South Park businesses, and community leaders on comprehensive strategies and techniques to activate street life, make physical improvements to the area, and bring people into South Park.

Download the Office of Economic Development's "Assistance for South Park Businesses" flyers. Versions (PDF):

Please click on the South Park image below to learn more about South Park, the bridge closure, and what the City and community are doing to help the area.

To view King County's South Park Access Route map, please click here.

July 19, 2010

OED announces investments in business districts to beautify, attract shoppers

On Thursday, July 15, the Office of Economic Development (OED) announced more than $160,000 in investments in neighborhood business districts at a celebration with Deputy Mayor Darryl Smith and business district organization leaders at the Wing Luke Asian Museum. The 2010 Neighborhood Business District awards will be used for a variety of projects designed to help small businesses thrive in Seattle, including organizational development projects, beautification and branding with light pole banners and signal box art, and a new, multi-neighborhood buy local marketing effort that will increase shoppers' awareness of local businesses across the city.

Read the full press release here

July 15, 2010

Elected officials and industry leaders announce joint letter to keep NOAA in Seattle

On Thursday, July 8, Mayor Mike McGinn joined with Congressman Jim McDermott, City Councilmembers Jean Godden and Nick Licata, Todd Pacific Shipyards' John Lockwood, King County Labor Council's Executive Secretary David Freiboth, Office of the Governor's Director of External Affairs Marty Loesch, and other industry leaders to urge U.S. Commerce Secretary Gary Locke to intervene and seriously consider the use of existing federal facilities in Seattle for NOAA's Marine Operations Center-Pacific homeport in light of the Department of Commerce's Inspector General Report. The event took place at Herring's House Park, along the Duwamish River across from Federal Center South, one of the existing federal facilities that could house the NOAA fleet.

Read the full press release here

Read the joint letter here

Read coverage from West Seattle Blog here

Read coverage from The Seattle Times here

Read the Department of Commerce's Inspector General Report here

July 9, 2010

Mayor Mike McGinn announces 21-member music commission to guide the City of Music's future

On Monday, June 14, 2010, Mayor Mike McGinn introduced the Seattle Music Commission, a diverse group of community, business and industry leaders who will guide the city's efforts to support, promote, expand and encourage Seattle's vibrant culture of music.

Formed as part of the Seattle City of Music Initiative, the Music Commission will provide support, direction and advice to the city about the use of existing resources and priorities to ensure smart and meaningful investments to advance Seattle's music culture and business are made.

Download the Mayor's full press release (PDF)

Download biographies of the new City of Seattle Music Commissioners (PDF)

June 14, 2010

Pioneer Square Revitalization Committee formalizes recommendations for neighborhood

Since last November, the Pioneer Square Revitalization Committee - a coalition of City of Seattle employees, members of the Pioneer Square business community, and Pioneer Square residents - have been meeting to identify strategies to reestablish the neighborhood's competiveness and strengthen the health of its businesses.

Download the full report: Pioneer Square 2015: A Strategy for Seattle's First Neighborhood (PDF)

Learn more about the Pioneer Square Commercial District Revitalization Initiative

June 3, 2010

City establishes $40 million financing program to spur growth in Seattle neighborhoods

The city of Seattle has officially launched a $40 million federal New Markets Tax Credit Program that will provide low-cost private financing to businesses in targeted Seattle neighborhoods.

Download the full news release (PDF)

Download a map of eligible NMTC investment areas (PDF)

May 3, 2010

Financing seminar presentations now online

On Monday, April 26, Seattle's Office of Economic Development hosted a three hour seminar to discuss two new financing tools offered by the City of Seattle for business and real estate projects - federal New Markets Tax Credits and Recovery Zone Facility Bonds.

Questions? Contact Ken Takahashi, OED's Business Development Finance Manager, at ken.takahashi@seattle.gov or (206) 684-8378.

April 27, 2010

City proposes local, federally-owned facilities for NOAA

Seattle's elected leadership, with support from the maritime industry and neighborhood leaders, has forwarded a proposal to the Department of Commerce to retain NOAA’s Marine Operations Center-Pacific in Seattle.

Click here to view the Mayor's news release.

Click here to view the full letter to U.S. Commerce Secretary Locke.

February 12, 2010

Mayor recognizes OED-supported weatherization program

Seattle Mayor Mike McGinn today recognized the innovative work of a city-supported weatherization training program designed to prepare local workers for employment in the energy efficiency sector.

Click here to watch the event on Seattle Channel.

Click here to download the Mayor's press release.

January 27, 2010

OED releases final Rainier Valley retail report

The Office of Economic Development is pleased to share the final Rainier Valley retail development report. This report supports OED's current revitalization work in Rainier Valley business districts.

Click here to download the final report (PDF).

January 21, 2010