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THE GATEWAY TO SEATTLE

Primarily known as the home of SeaTac International Airport, the City of SeaTac is at the crossroads of major Western Washington transportation. Beyond the airport (the ninth busiest in the country), which serves 32 million passengers and transports over 280 million tons of cargo annually, I-5 and I-405 intersect nearby, and two Sound Transit Light Rail stations serve the area. 

 

The City government is eager to encourage development, and has restructured some departments in recent years to streamline permitting an planning. SeaTac also does not have local business and occupation taxes, city utility taxes, nor per-employee taxes, creating a highly attractive environment for investment.

 

AT A GLANCE

29,478

Population (2017)

$50,751

Avg. Household Income

$278,189

Median Home Value

31,389

Population (project. 5yrs) 

$55,573

Income (project. 5yrs)

1.26%

Growth Rate


MAJOR PROJECTS

 
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SEATAC INTERNATIONAL ARRIVALS FACILITY

The Port of Seattle is investing significantly to update SeaTac's infrastructure in anticipation of future growth. A brand-new $766 million International Arrivals Facility will increase passenger capacity and reduce connection times.

The 450,000 SF facility will include an iconic aerial walkway 85 feet above the existing taxi lane, and spanning 900 feet across. The grand opening is scheduled for Q4 of 2019.

 

SEATAC NORTH SATELLITE MODERNIZATION

This project is set to expand and renovate the 45-year-old North Satellite of the airport. Budgeted at $658 million, the plan calls for the addition of eight new gates, expansion of the facilities by 201,000 SF, and doubling the dining and retail space to 46,000 SF. 

The architectural design and artwork will celebrate the ecology and environment of the Pacific Northwest. Completion is expected in 2021.

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HYATT HOTELS 

One of nine new SeaTac hotel developments currently in the pipeline, this $100 million project will build two hotels and create residential apartments.

The Hyatt Place will consist of 240 rooms, the Hyatt House will have 140 rooms, and another 90 units of residential apartments will go up as well. Both hotels are scheduled to open in early 2019.


TRANSPORTATION

 

 
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DOWNTOWN SEATTLE

20 Minute Drive

DOWNTOWN BELLEVUE

23 Minute Drive

SOUND TRANSIT LIGHT RAIL

SeaTac is home to two Sound Transit Light Rail stations: SeaTac Airport and Angle Lake. Currently, the line extends all to the University of Washington, with stops throughout Seattle. 

Planned expansion of Light Rail service will directly connect SeaTac as far north as Everett, all the way to Tacoma in the south, and to the Eastside.

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CRE QUICK STATS

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