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Amazon Still Moving Along with 11 New Buildings in SLU

Construction has been underway for some time, and Amazon has recently reported that they’re not making any plans to get out of thier lease with Vulcan.  A spokesperson for Amazon confirmed that the company is looking forward to the move, making mention that it should be a good move for the company and its customers.  Mayor Greg Nickels predicted that there will be an approximate 20,000 people working in the South Lake Union neighborhood by 2012–double today’s number.  That can mean huge profits for those who have currently invested or plan on investing in downtown real estate.  It could also mean the opposite for those waiting to see if it actually happens.

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