{"id":4128,"date":"2020-05-15T14:44:00","date_gmt":"2020-05-15T14:44:00","guid":{"rendered":"http:\/\/wordpress2.hdnweb.com\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/"},"modified":"2020-05-15T14:44:00","modified_gmt":"2020-05-15T14:44:00","slug":"new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/","title":{"rendered":"New Washington State Convention Center Addition at Risk Without Urgent Federal Funding"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p\/>\n<p><span class=\"xn-location\">SEATTLE<\/span>, <span class=\"xn-chron\">May 15, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Leaders representing the <span class=\"xn-location\">Washington State<\/span> Convention Center (WSCC), <span class=\"xn-location\">King County<\/span>, labor, business and civic groups today sounded the alarm about the need for critical financing to complete the Convention Center&#8217;s Addition project.<\/p>\n<p>The <span class=\"xn-money\">$1.8 billion<\/span> project \u2013 and some 2,000 construction jobs \u2013 are in jeopardy if federal stimulus funds are not secured to keep workers completing the project. The deep drop in lodging-tax revenue in <span class=\"xn-location\">King County<\/span> due to the coronavirus pandemic has created a gap of roughly <span class=\"xn-money\">$300 million<\/span> in financing capacity needed to complete the project in 2022. <\/p>\n<p>The facility will be a key tool for regional economic recovery following the COVID-19 pandemic and for the region&#8217;s long-term economic vitality. Given the project&#8217;s widespread economic impact, leaders from across the region are united in their support for future federal funds to keep the project on track.<\/p>\n<p>&#8220;The Convention Center is an important centerpiece of our regional economy,&#8221; said King County Executive Dow Constantine. &#8220;Delaying construction on the Addition project would have devastating effects on construction workers, the hospitality industry, and our regional economy, and would have ripple effects statewide.&#8221;<\/p>\n<p>The project was 30 percent complete, with nearly 90 percent of the materials ordered, when the COVID-19 public health emergency effectively shuttered the entire tourism sector of the state&#8217;s economy. Hospitality and lodging were particularly hard hit. <\/p>\n<p>The Convention Center had scheduled its final round of financing to complete the Addition construction for this year and next. With the collapse of the tourism sector \u2013 and the subsequent drop in lodging-tax revenue to back the bonds \u2013 the financing is in peril, as is the completion of the Addition without a harmful delay that would bring a host of additional costs.<\/p>\n<p><span class=\"xn-person\">Matt Griffin<\/span>, principal at Pine Street Group, the project&#8217;s developer, laid out the severity of the situation.<\/p>\n<p>&#8220;Within a year, construction on this project will come to a halt if we don&#8217;t secure federal financing assistance for the project,&#8221; Griffin said. &#8220;This project has the potential to be one of our region&#8217;s most important economic recovery tools. Delaying it would be a huge loss for our community.&#8221;<\/p>\n<p>The Addition project will help meet the strong demand for conventions in <span class=\"xn-location\">Seattle<\/span>. &#8220;Conventions are already booked for years out that will use the new space,&#8221; said <span class=\"xn-person\">Jeff Blosser<\/span>, president and CEO of the <span class=\"xn-location\">Washington State<\/span> Convention Center. &#8220;We have customers who want to come to <span class=\"xn-location\">Seattle<\/span>, and we need to take care of them in June of 2022 and beyond. We want to satisfy our customers with completion of the facility on schedule.&#8221;<\/p>\n<p><span class=\"xn-person\">Tom Norwalk<\/span>, president and CEO of Visit Seattle, worries about the consequences to <span class=\"xn-location\">Seattle&#8217;s<\/span> tourism industry, which is already hurting.<\/p>\n<p>&#8220;Tourism in <span class=\"xn-location\">Seattle<\/span> and <span class=\"xn-location\">King County<\/span> is an <span class=\"xn-money\">$8 billion<\/span> industry,&#8221; he said. &#8220;The attendees of our large national conventions at the WSCC play a large role in that. Their spend contributes to restaurants, retail and cultural institutions \u2013 in addition to our hotel economy. If we are forced to stop construction \u2013 we will be effectively delaying recovery, and this will not only impact downtown <span class=\"xn-location\">Seattle<\/span> but our entire region.&#8221;<\/p>\n<p><span class=\"xn-person\">Diana Birkett Rakow<\/span>, vice president of external relations at Alaska Airlines and chair of the board for the Seattle Metropolitan Chamber, said the Convention Center Addition is core to the recovery of the travel, hospitality and tourism sectors. <\/p>\n<p>&#8220;The travel, tourism, and hospitality industries and our employees face one of the greatest challenges in history \u2013 and we are a significant part of our region&#8217;s fabric and economy. We&#8217;re hugely proud of our hometown and love to share it with visitors. And we need to build on smart infrastructure investments underway, like the Convention Center Addition, to fuel recovery and remind the world that <span class=\"xn-location\">Seattle<\/span> is &#8216;open for business,'&#8221; she said.<\/p>\n<p><span class=\"xn-person\">Jon Scholes<\/span>, president and CEO of the Downtown Seattle Association, said, &#8220;The coronavirus pandemic has already had a severe impact on businesses in our downtown core. With support from city, regional and federal leaders, I&#8217;m optimistic we can find a funding solution to complete the WSCC Addition project and ensure a faster recovery and brighter future downtown.&#8221;<\/p>\n<p>The WSCC Addition project expects some 2,000 union jobs will be delayed or lost if a lack of a funding bridge forces construction to stop. <\/p>\n<p><span class=\"xn-person\">Nicole Grant<\/span>, executive secretary-treasurer of MLK Labor and WSCC board member, said, &#8220;As one of the largest construction projects in our state, we need to do all we can to protect our region&#8217;s workers from further economic uncertainty. Keep the Addition moving. We need these jobs and the economic benefits of the project now more than ever.&#8221; <\/p>\n<p><span class=\"xn-person\">Monty Anderson<\/span>, executive secretary of Seattle Building &amp; Construction Trades Council, added, &#8220;The WSCC Addition project provides important opportunities for underrepresented contractors, workers and apprentices in our region. I worry about the thousands of family-wage jobs that will be lost if construction ceases on this project.&#8221;<\/p>\n<p>General contractor <span class=\"xn-person\">Clark Lewis<\/span> began work on the Addition in <span class=\"xn-chron\">July 2018<\/span>. Over the three-plus-year construction period, the project team is expected to hire as many as 6,000 union construction workers and hundreds of apprentices. The project will pay more than <span class=\"xn-money\">$100 million<\/span> to the region in construction sales tax alone. <\/p>\n<p>Once open, the Addition, known as the Summit building, is expected to create about 3,900 new, ongoing jobs and generate approximately <span class=\"xn-money\">$260 million<\/span> in new customer spending and <span class=\"xn-money\">$19 million<\/span> in sales taxes annually. It also will create a key link in the Pike\/Pine corridor between Capitol Hill and the renovated Waterfront. <\/p>\n<p><b>About the <span class=\"xn-location\">Washington State<\/span> Convention Center<\/b><\/p>\n<p>Located in the heart of <span class=\"xn-location\">Seattle<\/span> and walking distance to world-class hotels, restaurants, entertainment and attractions, the <span class=\"xn-location\">Washington State<\/span> Convention Center has been the Northwest&#8217;s premier meetings and events facility for 30 years. WSCC welcomes hundreds of thousands of visitors from around the globe each year, offering industry-leading service, award-winning catering and a comprehensive range of services for event planners, exhibitors and guests. With a longstanding commitment to sustainability, public art and modern technology, WSCC serves its surrounding community and provides visitors with a truly unique Northwest experience. For information, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2805100-1&amp;h=4150272087&amp;u=http%3A%2F%2Fwww.wscc.com%2F&amp;a=www.wscc.com\" rel=\"nofollow\">www.wscc.com<\/a>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder8162\">\n<p><a href=\"https:\/\/mma.prnewswire.com\/media\/1168629\/WSCC_Addition_Logo.html\" target=\"_blank\" rel=\"nofollow\"><img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1168629\/WSCC_Addition_Logo.jpg\" title=\"\" alt=\"\"\/><\/a><\/p>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\">\n<\/div>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF08751&amp;sd=2020-05-15\"\/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding-301060245.html\">http:\/\/www.prnewswire.com\/news-releases\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding-301060245.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-location\">Washington State<\/span> Convention Center<\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF08751&amp;Transmission_Id=202005151444PR_NEWS_USPR_____SF08751&amp;DateId=20200515\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p\/>\n<p><span class=\"xn-location\">SEATTLE<\/span>, <span class=\"xn-chron\">May 15, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Leaders representing the <span class=\"xn-location\">Washington State<\/span> Convention Center (WSCC), <span class=\"xn-location\">King County<\/span>, labor, business and civic groups today sounded the alarm about the need for critical financing to complete the Convention Center&#8217;s Addition project.<\/p>\n<p>The <span class=\"xn-money\">$1.8 billion<\/span> project \u2013 and some 2,000 construction jobs \u2013 are in jeopardy if federal stimulus funds are not secured to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":4129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-4128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marco-carvajal"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Washington State Convention Center Addition at Risk Without Urgent Federal Funding - Multisitio 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wordpress2.hdnweb.com\/en\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Washington State Convention Center Addition at Risk Without Urgent Federal Funding - Multisitio 2\" \/>\n<meta property=\"og:description\" content=\"SEATTLE, May 15, 2020 \/PRNewswire\/ --\u00a0Leaders representing the Washington State Convention Center (WSCC), King County, labor, business and civic groups today sounded the alarm about the need for critical financing to complete the Convention Center&#039;s Addition project. The $1.8 billion project \u2013 and some 2,000 construction jobs \u2013 are in jeopardy if federal stimulus funds are not secured to...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wordpress2.hdnweb.com\/en\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"Multisitio 2\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-15T14:44:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wordpress2.hdnweb.com\/wp-content\/uploads\/2020\/02\/4128_1_5410.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1154\" \/>\n\t<meta property=\"og:image:height\" content=\"484\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"venred\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"venred\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/2020\\\/05\\\/15\\\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/2020\\\/05\\\/15\\\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\\\/\"},\"author\":{\"name\":\"venred\",\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/#\\\/schema\\\/person\\\/c112e8e970f2cfc8553cdb5392b493ad\"},\"headline\":\"New Washington State Convention Center Addition at Risk Without Urgent Federal Funding\",\"datePublished\":\"2020-05-15T14:44:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/2020\\\/05\\\/15\\\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\\\/\"},\"wordCount\":1039,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/2020\\\/05\\\/15\\\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/wp-content\\\/uploads\\\/2020\\\/02\\\/4128_1_5410.jpg\",\"articleSection\":[\"Marco carvajal\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/en\\\/2020\\\/05\\\/15\\\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\\\/\",\"url\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/en\\\/2020\\\/05\\\/15\\\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\\\/\",\"name\":\"New Washington State Convention Center Addition at Risk Without Urgent Federal Funding - 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The $1.8 billion project \u2013 and some 2,000 construction jobs \u2013 are in jeopardy if federal stimulus funds are not secured to...","og_url":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/","og_site_name":"Multisitio 2","article_published_time":"2020-05-15T14:44:00+00:00","og_image":[{"width":1154,"height":484,"url":"https:\/\/wordpress2.hdnweb.com\/wp-content\/uploads\/2020\/02\/4128_1_5410.jpg","type":"image\/jpeg"}],"author":"venred","twitter_card":"summary_large_image","twitter_misc":{"Written by":"venred","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wordpress2.hdnweb.com\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/#article","isPartOf":{"@id":"https:\/\/wordpress2.hdnweb.com\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/"},"author":{"name":"venred","@id":"https:\/\/wordpress2.hdnweb.com\/#\/schema\/person\/c112e8e970f2cfc8553cdb5392b493ad"},"headline":"New Washington State Convention Center Addition at Risk Without Urgent Federal Funding","datePublished":"2020-05-15T14:44:00+00:00","mainEntityOfPage":{"@id":"https:\/\/wordpress2.hdnweb.com\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/"},"wordCount":1039,"commentCount":0,"image":{"@id":"https:\/\/wordpress2.hdnweb.com\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/#primaryimage"},"thumbnailUrl":"https:\/\/wordpress2.hdnweb.com\/wp-content\/uploads\/2020\/02\/4128_1_5410.jpg","articleSection":["Marco carvajal"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/","url":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/05\/15\/new-washington-state-convention-center-addition-at-risk-without-urgent-federal-funding\/","name":"New Washington State Convention Center Addition at Risk Without Urgent Federal Funding - 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