SEATTLE – Councilmember Tim Burgess issued the following statement supporting Mayor Ed Murray’s recommendation that the City-owned Pacific Place parking garage be sold:
“The $87 million sale price validates the Council’s decision to put the brakes on the $55 million offer in 2013. By waiting just three more years, the City will receive $32 million more for this property. Despite years of doubt, the City’s investment in this public-private partnership has paid off, both earning the City a net profit and revitalizing our downtown.”