Reinventing the Role of Manufacturing in Today’s Economy

On Monday, Lt. Gov. Cyrus Habib spoke at the groundbreaking ceremony for Georgetown Crossroads, a multistory warehouse and manufacturing facility in South Seattle scheduled to be completed in fall 2018.

He joined Prologis CEO Hamid Moghadam, Seattle Deputy Mayor Kate Joncas, and Port Commissioner Tom Albro in speaking at the event, which celebrated the progress made in constructing the 590,000 square foot facility. Such a building is the first of its kind in the United States.

The facility is set to include two floors of standard industrial fulfillment space, a top floor known as a “maker’s space” suitable for light manufacturing, creative offices, laboratories, and production, as well as seamless integration of logistics for tenants.

In his remarks, Habib talked about Seattle’s rich history as a globally facing city with a unique legacy, rooted in both the manufacturing and knowledge economies. He stressed the importance of rejecting the idea that innovation and manufacturing are at odds and represent mutually exclusive paths forward for the US economy. Instead, Habib emphasized the necessity of embracing new technologies that promise to continue reinventing the role of manufacturing in the 21st Century economy, recognizing the importance of that legacy and those jobs, while insisting on innovation and progress.

Habib said Prologis is doing just that—bringing innovative solutions to the logistics real estate market, starting with Seattle the center in e-commerce, while simultaneously leading the corporate world in sustainable business practices and positive corporate culture.