Seattle Commons — The Case For

Why this is a win for King County Executive & Council

government
The Win

King County receives $6.4M per year in lodging tax that flows directly to PFD debt service. That stream depends on Seattle hotels staying competitive — and they're bearing a 7% lodging tax disadvantage against Bellevue's 2.8%. A restructuring that stabilizes the PFD's finances is also a stabilization of your revenue stream. Beyond the numbers: you serve residents across the region, including adjacent counties accessible via Sound Transit, who would use a year-round commons as a regional civic asset.

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I want to analyze this proposal from the perspective of King County Executive & Council. There's a civic proposal to convert the WSCC Arch building at 7th & Pike into a year-round public commons operated by Seattle Center. The case being made to King County Executive & Council: King County receives $6.4M per year in lodging tax that flows directly to PFD debt service. That stream depends on Seattle hotels staying competitive — and they're bearing a 7% lodging tax disadvantage against Bellevue's 2.8%. A restructuring that stabilizes the PFD's finances is also a stabilization of your revenue stream. Beyond the numbers: you serve residents across the region, including adjacent counties accessible via Sound Transit, who would use a year-round commons as a regional civic asset. The full proposal: https://commons.conventioncityseattle.com What are the strongest arguments for and against, from King County Executive & Council's perspective?