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April 2013

2012 Marked Seattle's Highest Net Increase of Housing Units

NWREporter April 2013

By NWREporter

April 2013

Development activity in Seattle during 2012 escalated faster than anticipated, according to a year end report from Diane Sugimura, director of the city's Department of Planning and Development (DPD). Among highlights:

Overall construction permits for 2012 were valued at $2.4 billion, a 25 percent increase from 2010. That volume was surpassed only by two other years, 2006 and 2007.

Master Use Permit applications increased from a low of 356 in 2010 to 517 in 2012, but the total was still well below the high of 1,121 in 2007.

Applications for housing - particularly apartments - surged, with the city issuing construction permits for 10,179 housing units for a net increase of 9,082 when demolitions are subtracted. The previous high was 7,142 net units in 2007. (Most of those permits were for rentals.)

By 4th quarter 2012, about 40 percent of submissions were via E-Plan, or electronic plan review.

Construction-related complaints from noise, encroachments on neighboring property, tree damage and similar violations rose, which officials viewed as a sign of increased activity.

The complete DPD 212 Year End Report may be viewed here.