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Lake Meridian Marketplace

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<strong>Lake</strong> <strong>Meridian</strong> <strong>Marketplace</strong> - Area OverviewKent, WAThe City of Kent is the fourth largest city in King County, with a culturally rich population of88,380. It covers a geographic area of 29 square miles. Kent’s population is projected togrow to 100,000 within the next few years. Conveniently located directly between the cities ofSeattle and Tacoma, Kent has several distinct neighborhoods and commercial districts withinits boundaries.During the next ten years, Kent will become a regional banking center; have the largestconcentration of King County governmental services outside of Seattle; and become the focalpoint for international commerce. During this transitional phase and thereafter, the City ofKent will offer a wide range of employment opportunities.Population1 Mile 3 Miles 5 Miles2000 Population 11,359 69,276 155,0912010 Population 12,381 81,502 175,6192015 Projected Population 13,181 88,206 187,442010 Average Household Income1 Mile 3 Miles 5 MilesMedian Household Income $76,467 $75,776 $74,525Average Household Income $85,433 $86,363 $82,762Kent is a city just coming into its potential as a major specialty shopping and play area. Fromits farm roots to manufacturing prowess, innovation is shaping the community. Recognizedfor its cultural celebrations, outstanding sports programs, diverse economic base includingcorporate offi ces, manufacturing, distribution/logistics, retail, cultural shops and eateries,Kent is the premier location for business, after-work hours, and a great place to raise yourfamily.Kent’s top employers include The Boeing Company, Mikron Industires, Oberto SausageCompany, Sysco Food Service and REI. The Kent Valley is home to a growing volume of classA wired offi ce space and one of the largest warehouse and distribution centers in NorthAmerica. With its ideal location as the hub of South King County, Kent connects to the greaterPuget Sound via Interstate 5 and fi ve other state highways and is now served by the SounderCommuter Rail.17

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