Pike Place Market proposal seeks to make physical improvements, boost foot traffic near Waterfront Park

Council will vote on a resolution Thursday that would adopt a master plan to revitalize the popular market.

According to the master plan, Pike Place Market costs rose by 31%, while revenue grew by only 23% over the last five years. And as the pandemic shuttered the market, officials provided $3.8 million in financial support to tenants for almost 16 months, stopped all capital projects and partnered with the Pike Place Market Foundation to help vendors stay in business.

The goal is to connect more areas of downtown Seattle, which the project aims to do by adding a greenway for pedestrians and cyclists to the east side of Alaskan Way on the downtown waterfront. This greenway will connect the Olympic Sculpture Park to Pier 62, creating a safer and easier way for people on foot and bike to get to the heart of downtown.

Pike Place Market receives no operating funds from the city. Funds must be covered by rent and parking fees.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

76 Place at Market East organizers present updated Center City arena proposalOrganizers behind 76 Place at Market East have delivered a new proposal, they say, responds to community feedback.
Fonte: NBCPhiladelphia - 🏆 569. / 51 Leggi di più »

Bitcoin (BTC) Price Plunged Below $61K but Market Recovery Signs Appear (Market Watch)Crypto Blog
Fonte: Crypto_Potato - 🏆 568. / 51 Leggi di più »

Housing Market Update: Are Sellers Returning to the Market?Listings jumped in February to their highest levels in more than a year, according to Redfin on Friday.
Fonte: Newsweek - 🏆 468. / 52 Leggi di più »

Bitcoin Market Cap Records New ATH, Shiba Inu’s Double Digit Run Continues (Market Watch)Crypto Blog
Fonte: Crypto_Potato - 🏆 568. / 51 Leggi di più »

Canon Aims to Achieve Overwhelming Market Share in Mirrorless Camera MarketCanon's 2024 corporate strategy includes the goal of becoming the number one player in the mirrorless camera market. The company plans to establish an absolute position in the market by expanding its EOS R system and targeting video-oriented customers. Canon already leads in interchangeable lens mirrorless sales in the United States, but aims for a more dominant position.
Fonte: petapixel - 🏆 527. / 51 Leggi di più »

As the market regains momentum in the bull market, which exceptional projects has Foresight X identified?Historically, VCs have been adept at implementing 'counter-cyclical' strategies and discerning shifts in market sentiment.
Fonte: TheBlock__ - 🏆 464. / 53 Leggi di più »