How much office space does Amazon really occupy in Seattle?
This is a question I ask myself on my daily stroll along Blanchard Avenue from the Westlake Whole Foods up to the SRE office at the Denny Building. That walk looks like a jungle gym of sidewalks covered by scaffolding and cranes. As you cross 4th Ave heading West you are literally between two full city blocks being developed by Amazon. This is before you get to 5th Ave and find yourself on the corner of the two brand new towers just built by Amazon. Are we now a one company town? To answer this, let's break down the numbers.
Here is our breakdown:
By The Numbers:
- All Amazon occupied Seattle Office Space= 8.1m square feet
- Total Class A downtown office space =42.5m square feet
- Amazon is 19% of Class A Seattle Office space!
- Total Class A office space in all South Lake Union and Denny Regrade = 12.9m square feet
- Amazon is most of this area!
AMAZON AS AN Urban Campus:
What is striking is that Amazon occupies a huge portion of office space in the South Lake Union area as well as an extremely significant part of all Seattle office space. What is really unique about this isn’t necessarily the size of the campus, but that it is in a major city. Microsoft actually occupies 14.6 million square feet but that is largely concentrated in suburban Redmond and spread out into Bellevue and Seattle. Google has 14 million square feet but it is spread out around suburban Silicon Valley. Amazon wants to be in the middle of everything. The next largest single downtown office user in the nation is Citi at about 3.7m square feet however they are located in New York City, a much bigger market. It truly is a unique occurrence that one company has this size of an urban campus.