Would ‘grand bargain’ ease Seattle housing prices?

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Mark Matassa Jan 12, 2018

Jan 12, 2018

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                <h1>Would ‘grand bargain’ ease Seattle housing prices?</h1>
                <h2><p>As the city grows and rents rise, Seattle Mayor Ed Murray and City Councilman Mike O’Brien are proposing what they call a “grand bargain” with developers – allowing bigger or taller buildings in some parts of the city in return for affordable units in all construction or fees to help</p></h2>
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               <p>By <a href="/author/mmatassa-mac-com/">Mark Matassa</a></p> 
              <p><time datetime="2025-02-04T05:00:00-08:00">Jan 12, 2018</time></p>
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            <figure class="kg-card kg-image-card"><img src="https://dev.cascadepbs.org/content/images/sites/default/files/images/article/gallery/transit-oriented-development.jpg" class="kg-image" alt="Credit:" loading="lazy" width="300" height="103"></figure><p>As the city grows and rents rise, Seattle Mayor Ed Murray and City Councilman Mike O’Brien are proposing what they call a “grand bargain” with developers – allowing bigger or taller buildings in some parts of the city in return for affordable units in all construction or fees to help pay for them. A city advisory committee estimates the plan would create <a href="http://kplu.org/post/seattle-growsgrand-bargain-developers-would-require-affordable-housing?utm_source=Sightline%20Institute&utm_medium=web-email&utm_campaign=Sightline%20News%20Selections">6,000 new units</a> of affordable housing over the next 10 years, according to a KPLU report.</p>
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As the city grows and rents rise, Seattle Mayor Ed Murray and City Councilman Mike O’Brien are proposing what they call a “grand bargain” with developers – allowing bigger or taller buildings in some parts of the city in return for affordable units in all construction or fees to help pay for them. A city advisory committee estimates the plan would create 6,000 new units of affordable housing over the next 10 years, according to a KPLU report.

Would ‘grand bargain’ ease Seattle housing prices?

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By Mark Matassa