Sixteen groups have already reserved space at the Summit, the $1.7 billion addition to the Washington State Convention Center, even though it won’t open until the spring of 2022.
The building will add 570,290 square feet of event space to the convention center and is also expected to generate more than $19 million annually as convention-goers book hotels, eat at restaurants and shop at retailers.
Those 16 meetings have an estimated overall economic impact of $171.4 million, according to Visit Seattle.
Visit Seattle officials this week released several milestones marking the one-year anniversary of the Summit’s groundbreaking. Crews have recycled almost 37,000 tons of waste, removed 257,000 cubic yards of dirt and poured 7,800 cubic yards of concrete.
Economic development officials say the expansion was crucial because interest in Seattle as a convention destination exceeds capacity. King County last year set records for both tourism and convention business.