Amazon makes Seattle America’s biggest company town
Amazon’s extraordinary growth has turned Seattle into the biggest company town in America. Amazon now occupies a mind-boggling 19 percent of all prime office space in the city, the most for any employer in a major U.S. city, according to a new analysis conducted for The Seattle Times. Amazon’s footprint in Seattle is more than twice as large as any other company in any other big U.S. city, and the e-commerce giant’s expansion here is just getting started. The swarms of 20-somethings crowding into South Lake Union every morning represent an urban campus that is unparalleled in the United States — and they have helped transform Seattle , for better or worse. Amazon’s rapid rise has fueled an economy that has driven up wages and lowered unemployment, but also produced gridlock on the roads and sky- high housing prices . And while Seattle’s booming economy is often attributed to a wide variety of factors, increasingly, it’s all about one company. Amazon now occupies more office space t...