Seattle permits — week of 2026-05-11

A $34 million demolition permit on 2nd Avenue is the loudest signal this week: whatever is coming down at that address was substantial, and what replaces it will likely be more so. Demolitions dominate the top of the value chart, with seven of the ten highest-value permits being teardowns — a pattern that points to a land assembly or redevelopment wave quietly clearing the deck across multiple neighborhoods. Total declared value hit $66M on 116 permits, but the real story is what's being erased before the next chapter gets written.