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South Lake Union
South Lake Union is the neighborhood North of Denny Way to the Southern edges of Lake Union. It also includes Cascade, the area East of Fairview Ave N. to the I-5 Freeway. South Lake Union is in the midst of an impressive revival due to a major increase in development starting in the late 1990’s and the re-establishment of the SLU Streetcar, both spearheaded by Paul Allen’s Vulcan Group. The moving of Amazon’s headquarters form Beacon Hill to South Lake Union only accelerated this growth.
With the influx of numerous professional office tenants and well-paid employees, dozens of new condo buildings, hotels, retail stores and restaurants have followed suit. They skyline, as well as the economic and political landscape have been dramatically transformed in the last dozen or so years. And this once underserved section of downtown is now a busy urban center. This is the neighborhood to come if you want to be among the city’s new and dynamic up-and-coming leaders.
The Center for Wooden Boats on the southernmost shore of Lake Union has been a gathering point for sailing, rowing, boat making, and maritime history buffs since the early 1980’s. They too have jumped on the recent redevelopment bandwagon (or streetcar in this case) and have expanded their facilities and popular services along with the City’s much improved Lake Union Park, and transformation of the old Armory Building into the Museum of Modern Industry.
A few of the other South Lake Union anchor points, both new and long-time tenants include the Cascade Playground and P-Patch, the REI Flagship Store, Whole Foods Market, Fred Hutchison Cancer Research Center, UW Medicine’s newly expanded biotechnology and medical research hub, as well as the Seattle’s Infectious Disease Research Institute. New condos and amenities are being added at a rapid pace. And this area is providing a large demand for luxury in-city living.