Our work is guided by the Future of Seattle Economy framework, which identified five strategic pillars and, via Resolution 32099, serves as the City of Seattle’s economic development policy framework.
We seek to strike a balance between supporting our local economy and competing in the global economy. Our work improves regional economic development, City policy priorities, and City operations. Through collaborative partnerships with the public, private, and philanthropic sectors our investments, policies, and programs will create more:
- Jobs: Grow, attract, and retain industrial, innovative, and creative industries that have jobs that pay higher than average wages, bring new capital into the economy, and add variety to our economic base.
- Wealth: Position Seattle as a globally competitive city by actively working to improve our City’s economic fundamentals and make it easy and affordable for businesses to operate and grow, with a special focus on investments that help close the racial wealth gap.
- Vibrancy: Increase vibrancy in neighborhood business districts, specifically equity districts and BIA districts, which includes neighborhoods exploring becoming a BIA.