Downtown Seattle is not the only neighborhood that has projects in the works. The Seattle Department of Planning and Development has been issuing building permits over the last 18 months for 1,550 new residential units in Ballard.
Judging from a lot of my downtown clients ultimately buying in Ballard and Fremont, many people seem to be starting their searches in Belltown, Queen Anne, and Capitol Hill but ending up writing contracts in more square foot per dollar neighborhoods just outside the downtown core.
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