Regulatory Reform Will Strengthen Seattle’s Economy
Seattle is beginning to emerge from the longest, deepest recession in the last 60 years. We can see signs of this across the city. Projects that were stalled during the recession, leaving empty holes and vacant lots, are again under way. Hard hats are starting to go back to work. As a result, Seattle’s growth is outpacing the rest of the region. Businesses, builders, and working families want to live and innovate here.
But there’s a long way to go before we’ve built a broadly shared prosperity. More than 30% of construction and building-trades workers are still out of a job. Some of them have been out of work for three or four years. We need to look at ways to accelerate our economic recovery and help build a more sustainable city.
Unfortunately, the pace of recovery is being slowed by outdated and obsolete regulations. These rules are making it difficult for people to build sustainable projects and are keeping workers from bringing home a paycheck.
We have an opportunity to change that. Last year I worked with a panel of developers, neighborhood activists, design professionals, and environmentalists to propose a reform package to reduce regulatory burdens that hinder job creation. Mayor Mike McGinn and Councilmember Richard Conlin convened the panel as part of a broad City effort to spark innovation and entrepreneurial investment, and make it easier for businesses to be sustainable in Seattle.
That package of reforms is now before the Seattle City Council, which will hold hearings today and tomorrow to discuss the proposal (Council Committee votes on April 11). These reforms can help get people back to work, expediting up to 40 new construction projects, with 100 to 250 units each, by up to 9 months. The Seattle Building Trades Council estimates that as many as 2,400 direct, family-wage jobs in skilled construction trades could be created through this effort.
Seattle has an opportunity to clear out regulations that are no longer working and help create good jobs in the process. With a global economy that is still unsettled, it’s an opportunity we cannot afford to miss.
David Freiboth is Executive Secretary Treasurer of the ML King County Labor Council.