Seattle Mayor Willing To Bet Big On Biotech District
29 April 2003 - 9:00am
Mayor Nickels hopes $570 million in infrastructure in South Lake Union will create a biotech hotbed.
Vulcan, the development company of Microsoft billionaire Paul Allen, wants to build a biotechnology campus in South Lake Union. The Mayor has instructed city departments to study the infrastructure needed to support the development, including an electrical substation, new road systems, and a streetcar line. The potential payoff: 20,000 high paying jobs and tax dollars for the struggling city... oh, and the chance to attract development back into the city and reduce sprawl.
Source:
The Seattle Times, April 28, 2003
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Its very unsuitability for an urban center justifies its current usage as a suburban or ex-urban pattern.
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