Tag Archives: investments

City making investment in Beacon Hill’s business district

Today, Mayor Mike McGinn announced a $1.1 million investment in 19 neighborhood business districts, including Beacon Hill, as part of the Seattle Jobs Plan.

Of that $1.1 million, the lion’s share is going toward “comprehensive, multi-year” strategies” developed by the business communities in some neighborhoods, including the Central Area, Chinatown/International District, Columbia City, MLK (Rainier Valley), Rainier Beach, and others. Beacon Hill is not included in this list.

However, $142,500 of the total will be going to support focused investments in certain neighborhoods, along with the Only In Seattle marketing campaign and a drive to form Business Improvement Areas (BIA). Beacon Hill won’t be getting a BIA or the Only In Seattle push, but the neighborhood will be seeing focused investment, as will several other neighborhoods, mostly in south Seattle: Belltown, Columbia City, Georgetown, Madison Valley, Rainier Beach, Sodo, South Park, and White Center. Still, once you divide $142,500 among all of those neighborhoods, it’s probably going to be a relatively small investment here on the Hill.

We’re not yet sure what sort of “focused investments” Beacon Hill is in line for, but we are gathering further information. Stay tuned.