
The legislation is currently written to set aside 9% in the high-rise zones, and my proposal would make that a 10% set aside. It is not a huge jump, but we believe it could create an additional 44-64 additional units over the next 10 years in the University District. It also sets the precedent for future rezones that we require significant housing contributions for significant height increases.
Thus far, the main arguments I have heard in opposition is that my proposed increase would make it infeasible to build in the U-District. I don’t agree. The estimated costs per square foot for building high-rise construction in the U-District is $284-303/SF. My amendment would raise that cost by $2.25/SF to $286-305/SF. I don’t believe this difference will make or break a project.
For example, a new 300 unit high-rise residential building would need to set aside 27 units. My amendment would require an additional 3 units be set aside for people making 60% AMI or less, bringing the total to 30 units. Again, I don’t believe this is infeasible. But it does set a precedent.

If not now, when? The best way to ensure strong requirements is to incorporate this change into the bill this Tuesday. If you feel strongly, the easiest way to communicate with council is to email council@seattle.gov.