Find King County Washington economic development agencies, departments and corporations. Economic development agencies provide information on resources for economic growth through the expansion of local businesses and by attracting new business and tourism.
Bellevue Economic Development 450 110th Ave NE Bellevue WA 98004 425-452-5258
Federal Way Economic Development 33325 8th Avenue South Federal Way WA 98003 253-835-2612
Kent City Economic Development 220 4th Avenue South Kent WA 98032 253-856-5703
North Bend Economic Development 126 East 4th Street North Bend WA 98045 425-888-5633
Renton Economic Development 1055 South Grady Way Renton WA 98057 425-430-7200
Seattle Economic Development 700 5th Avenue Seattle WA 98104 206-684-8090
Seattle Economic Development 2001 6th Ave Seattle WA 98121 206-256-6151
Shoreline Economic Development 17500 Midvale Avenue North Shoreline WA 98133 206-801-2218
A tax abatement is an agreement between a business and a taxing entity, such as a state, county, or local government, which provides a temporary tax reduction for a business that expands or makes physical improvements. Typically, the additional property taxes that would have been levied as a result of the business expansion or improvement are forgiven for a specified period of time. Businesses are sometimes offered tax abatements as a way to encourage expansion and investment.
An Economic Development Agency is an agency of the government staffed by professional employees who implement the programs and services of the agency. An Economic Development Commission usually refers to an appointed board that serves as an advisor on economic policy. Economic Development Commissions are common at the county and local levels of government.
Most Economic Development Agencies have a staff person or office to help prospective business owners to understand how to register their business and obtain any necessary licensing.