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February 24, 2017

Amazon 's brief history of incredible growth

Puget Sound Business Journal

Casey Coombs

Amazon CEO Jeff Bezos recently announced the e-commerce giant plans to add another 100,000 jobs by mid-2018.

The company is already the largest tech employer headquartered in Washington, nearly tripling its workforce since 2013.

To keep pace with its growth, Amazon has leased, bought, built or planned to construct more than 10.1 million square feet of space in the Puget Sound region, according to Kidder Mathews.

Here 's a snapshot of the company 's rapid growth:

  • 1994: CEO Jeff Bezos founds Amazon in his Bellevue garage, later moving to 55,000 square feet in a building near Pike Place Market.
  • 1998: Amazon leases 189,700 square feet in PacMed tower on Beacon Hill.
  • 2000: Amazon leases 450,000 square feet at Union Station.
  • 2005: Amazon leases 180,000 square feet in Columbia Center.
  • 2007: Amazon inks a deal with Vulcan Real Estate for a five-phase, 1.7 million-square-foot campus in South Lake Union. This was supposed to be enough space to last through 2016.
  • 2011: Amazon leases 460,000 square feet in the 1918 Eighth building and 280,000 square feet in the nearby West 8th office tower.
  • 2012: Amazon agrees to lease a new two-building, 380,000-square-foot project, the sixth phase of the South Lake Union campus.
  • 2013: Plans emerge for the seventh and eighth phases of the South Lake Union campus, with buildings totaling 613,000 square feet.
  • 2015: Amazon leases the 817,000-square-foot Troy Block project in South Lake Union.
  • 2020: A third high-rise in the 3.3-million-square-foot Denny Triangle campus is scheduled to open.

Casey Coombs covers technology and biotechnology for the Puget Sound Business Journal.

For the full story, go to Puget Sound Business Journal.

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