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FYI Guy

Seattle Times news librarian Gene Balk crunches the numbers

Topic: gentrification

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February 14, 2014 at 10:59 AM

‘Yuppie playgrounds’? Where gentrification is hottest in Seattle

Earlier this week, two masked men blocked a Microsoft employee shuttle on Capitol Hill, an act inspired by the recent “Google bus” protests in San Francisco. The Capitol Hill Blog reported that the men handed out fliers condemning the neighborhood’s transformation into an ”upscale yuppie playground” for tech workers, and the skyrocketing rents that are displacing less-affluent, longtime residents – in…

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April 24, 2013 at 11:37 AM

Can aPodments save Capitol Hill?

Luxury finishes: A kitchen in the new Lyric Apartments on Broadway

Luxury finishes: A kitchen in the new Lyric Apartments on Broadway

Capitol Hill is booming, and not just with those low-rent aPodments that are causing so much controversy, as The Seattle Times reports.

Stroll through the neighborhood, down Broadway or around Pike/Pine.  It’s teeming with new, market-rate apartment buildings.  Stainless appliances and quartz counter tops abound.  If you’re looking to rent a $1,400 studio apartment, you won’t have any trouble finding one here.  That is, in fact, the average going rate for a Capitol Hill studio now, according to real-estate firm Zillow.

The neighborhood has gone upscale, a word that you would not have used to describe this part of the Hill until recently.

fyiguyweb

Click to enlarge

Funky, hip, gay, artsy, young?  Sure.  Upscale?  No.

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0 Comments | More in Demographics | Topics: Capitol Hill, gentrification, housing