A future where Seattle is able to withstand significant seismic activity without loss of life, economic disruption, displacement, or major damage to its cultural and historic fabric.
Secure passage of legislation mandating upgrades to all unreinforced masonry (URM) buildings and providing a means to finance those upgrades through a retrofit credit program.
Activity to Date
The Alliance for Safety, Affordability and Preservation (ASAP) came together to develop creative solutions to the threat to public safety; affordable living and working spaces; and the rich legacy of our region’s built environment posed by the impact of future seismic events on our unreinforced masonry buildings (URMs). An event like a magnitude 6 to 7 Seattle fault earthquake has the potential to cause widespread death and injury, displace tens of thousands of Seattle's most vulnerable residents and the businesses who call these buildings home, and permanently damage some of our most distinctive historic structures. Furthermore, it would severely exacerbate the existing housing affordability crisis and lead to a surge in homelessness.
Consisting of a broad spectrum of concerned stakeholders, including developers (both market-rate and affordable), URM property owners, historic preservationists, engineers, and neighborhood associations, ASAP has been actively exploring approaches to restore and upgrade these character-rich brick buildings before the next major earthquake renders them uninhabitable, or leads to their unplanned demolition. We believe that mandatory retrofit legislation is the only way to marshal all of the concerned stakeholders and resources required to solve this issue in an efficient and organized manner. The City of Seattle has been grappling with this challenge since it first passed and then repealed mandatory URM legislation over 44 years ago. Recognizing that an effective financing solution is a critical component of mandatory legislation moving forward, the Alliance proactively sought and received input from stakeholders and worked with them to design a financing solution that will best support the goals for the legislation.
Resolving the URM dilemma will leave Seattle a safer, more resilient and more equitable city for current and future generations and will serve as a model for other cities in King County and beyond that are seeking pragmatic solutions for upgrading their vulnerable buildings before it is too late.
PETER A. NITZE
Peter is the President & CEO of Nitze-Stagen & Co. and is responsible for the operations of Nitze-Stagen's real estate holdings and property management services, where he has overseen more than $100m of construction/ redevelopment at the SBUX Center. Peter has overseen major projects in the US and abroad.
Peter is a member of the Seattle 2030 District Property Owners and Developers Forum and a co-founder of the Alliance for Safety, Affordability and Preservation. He serves on the board of Bellwether Housing, the largest affordable housing developer in Seattle. He holds a degree from Harvard College, as well as graduate degrees in Industrial Engineering and Manufacturing Systems Engineering from Stanford. Peter lives with his wife in West Seattle.
Brad is a co-founder of Anew Apartments, where he has overseen the redevelopment and acquisition of more than $250m worth of multifamily properties in Greater Seattle. A pioneer in the Small Efficiency Dwelling Unit and Micro Apartment market, Brad is dedicated to preserving and upgrading character-rich buildings in Seattle's core neighborhoods, saving historically significant properties from demolition. He specializes in renovating seismically vulnerable buildings.
Brad is a member of the Seattle 2030 District Property Owners and Developers Forum and a co-founder of the Alliance for Safety, Affordability and Preservation. Brad is a graduate of the University of Colorado Boulder and lives with his wife in Bellevue.
Lisa has a strong interest in catalyzing revitalization in underserved neighborhoods. She has 30 years of experience leading organizations and initiatives to develop, implement and fund strategies for long-term social systems. Lisa has started and led four nonprofits, as well as led global, national and regional social entrepreneurship and impact investing efforts.
Lisa is a Speaker Specialist for the U.S. Department of State on Social Entrepreneurship and has taught Impact Entrepreneurship at UW Foster. Most recently, Lisa was CEO of Seattle Social Venture Partners working with nearly 600 philanthropists to invest in social change in the Puget Sound region. Lisa Chairs the Advisory Group for The Nature Conservancy Emerald Edge Program and the Advancement Committee for Worldreader, serves on the Board of the International Coaching Federation; she holds a BA degree from Harvard and an MBA from Stanford.