Seattle News

10-06-2026

Seattle: drop in investment ranking, West Seattle shooting, and Sonics return plan

Today's digest covers three key Seattle stories: the city's sharp fall in a ranking of attractiveness for foreign investment, an investigation into a shooting in West Seattle where a bullet pierced a pickup's windshield, and the Seattle Council's approval of a Seattle Center modernization plan amid talks of bringing the NBA's Sonics back.

Seattle falls in ranking of attractiveness for foreign investment: a warning sign for the business climate

Seattle, once a symbol of the tech boom and innovation, has been hit with unwelcome numbers. In a new ranking from the Financial Times and Nikkei assessing the best U.S. cities for foreign business, the city slid from a respectable second place to thirteenth. An eleven-place drop is a serious alarm for the local community, which was already facing tough times. The report analyzes dozens of criteria, from energy system resilience and resistance to trade wars to workforce quality, business climate and quality of life. On average Seattle scored 62 out of 100, while the ranking leader Boston rose ten spots to 73. Last year the city scored 65, which helped it reach second place, but the trend has now reversed.

Notably, although Seattle dropped in several categories, its score in the investment trends category — which includes the volume of foreign and domestic investment attracted in 2025 and GDP per capita — increased. Nevertheless, the GeekWire article notes that publication of the ranking sparked a new wave of discussion on LinkedIn among tech community members already worried about the city's anti-business perception. Kirby Winfield, founder of venture firm Ascend, shared a chart and emotionally said it pains him as a native Seattleite to see such reports.

Reactions were split. Some commentators were skeptical of the ranking's "vague" definitions and weighting, pointing out that any list placing New York (28th) and San Francisco (33rd) so low is hard to trust. But many saw the city's decline as the predictable result of years of policy. IT veteran Charlie Ante said he had never seen such a hostile-to-business city government, especially toward small businesses. Private equity manager Michael Hatch specified grievances: in his view, Seattle's fall is the direct result of decisions that have long complicated company operations, including new city taxes, one of the nation's highest minimum wages and "street chaos" no business can withstand.

This rhetoric is backed by real moves. The piece recalls a trend of high-profile departures: Amazon founder Jeff Bezos moved to Miami, former Starbucks CEO Howard Schultz also chose Miami, and Expedia and Zillow co-founder Rich Barton moved to Las Vegas. Against that backdrop, Mayor Katie Wilson's behavior in April—brushing off threats by wealthy residents to leave the city by saying "bye"—provoked particular attention. Still, not everyone is ready to accept the situation. Startup founder Curtis Crimmins said he is obsessed with restoring Seattle's former innovative spirit — the city that changed how we shop, communicate and use gadgets — and urged doing everything possible to achieve that. Thus the FT-Nikkei ranking not only records numbers but catalyzes a long-overdue conversation in the city about the direction of one of America's major tech hubs and what must be done to preserve its unique culture.

Shooting under investigation in West Seattle: bullet pierced pickup windshield

A shooting incident occurred in the High Point Drive area of West Seattle. Police closed a stretch of road around the 6300 block to investigate. Fortunately, no one was injured, but the vehicle owner reported that a bullet struck the windshield of their pickup. There is currently no information about the shooter, and the circumstances remain unclear.

According to West Seattle Blog, the call came from the vehicle owner who discovered the damage. Law enforcement is working on the scene. Experts are inspecting the vehicle and surrounding area, trying to determine the bullet's origin and any possible suspects. It is not yet known whether the shooting was accidental or targeted.

It should be noted that a bullet passing through a windshield could have seriously injured an occupant if anyone had been inside. The situation underscores the danger of firearms in residential neighborhoods. Neighbors and passersby are advised to stay away from the investigation area, as police search not only for shell casings but also for any surveillance footage that might have captured the incident. Further investigation may shed light on motives and involved parties, but for now there is no information about them.

Seattle Council approves Seattle Center modernization plan amid talk of Sonics return

The Seattle City Council unanimously passed a resolution supporting a bond issuance in 2027 to fund capital repairs for the Seattle Center complex. This move is more than a budgetary decision — it is part of a broader strategy: city officials want not only to update aging infrastructure but also to create conditions for bringing an NBA team back to the city. The Sonics left Seattle in 2008, and fans have long dreamed of a comeback. Now politicians aim to use the upcoming renovation as leverage in negotiations with the league.

The resolution, promoted by Councilmember Rob Saka and Mayor Katie Wilson, sets specific goals for the city. First, it officially records the council's intent to consider a bond issue in 2027 and asks the mayor to include funds in future budgets for preparatory work. That includes, for example, repairs to the historic Armory building and expansion of the veterans' memorial. The document also urges city utilities, including Seattle City Light and Seattle Public Utilities, to collaborate with Seattle Center on a transition to carbon-neutral technologies. This matters not only for the environment but also for the complex's image as a modern, responsible space.

It's important to understand that Seattle Center is more than an amusement park. Built for the 1962 World's Fair, the complex is the cultural heart of the city: it draws 11.3 million visitors annually and generates about $3.3 billion in economic activity. However, there have been no major infrastructure investments since 1991. Power, water and fire-safety systems have been in place for more than 60 years, creating risks for visitors and staff.

Councilmember Bob Kettle, who represents the district that includes the complex, called Seattle Center an "iconic civic gem" and stressed that it is time to reinvest in its renewal. Acting center director Randy Engstrom added that modernization will strengthen the creative economy that thrives there and preserve the "74-acre civic ecosystem" for future generations. Behind the statements is also a pragmatic calculation. As Rob Saka noted, in April the council passed legislation confirming the city's readiness to welcome the Sonics back, and now it has presented a concrete plan. "Today we propose a specific timeline and take on commitments, backing our stated values with real investments — both city and philanthropic," he said.

For those unfamiliar with the context: Seattle Center is a large downtown area that hosts the famous Space Needle, theaters, museums, sports arenas and exhibition halls. A "bond issuance" means the city will sell debt securities to investors and use the proceeds for construction. Repayment will come from taxes or fees — a common practice for major municipal projects. The reference to a potential Sonics return relates to the fact that Seattle has been without an NBA team since 2008, when the franchise moved to Oklahoma City. The city now wants to prove to the league that it has both an arena (the updated Climate Pledge Arena), public interest and political will. As reported by KOMO, the final decision to issue bonds will rest with voters in a ballot measure. If voters approve the bonds, Seattle will have a chance not only to restore a beloved public space but also to take a decisive step toward bringing big-league basketball back.