Why this is a win for Real Estate (Developers, Property Owners)
commercial
The Win
The Arch as a commons makes the surrounding blocks more valuable. Year-round
foot traffic, activated ground floors, cultural programming — these are the
inputs to the residential and commercial premium that defines great urban real
estate. The Arch dark suppresses that premium. Developers with assets on Pike
and Pine have a direct financial interest in the corridor being alive.
Ask Your AI
Copy this prompt into ChatGPT, Claude, or any AI assistant.
I want to analyze this proposal from the perspective of Real Estate (Developers, Property Owners).
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 Real Estate (Developers, Property Owners): The Arch as a commons makes the surrounding blocks more valuable. Year-round
foot traffic, activated ground floors, cultural programming — these are the
inputs to the residential and commercial premium that defines great urban real
estate. The Arch dark suppresses that premium. Developers with assets on Pike
and Pine have a direct financial interest in the corridor being alive.
The full proposal: https://commons.conventioncityseattle.com
What are the strongest arguments for and against, from Real Estate (Developers, Property Owners)'s perspective?
Know something about how Real Estate (Developers, Property Owners) or other groups view this?
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