As construction on the Seattle waterfront seawall gets closer to happening, the city and pier retailers have come to an agreement on how to compensate those businesses for lost profits. Via the deal, most businesses on Piers 54, 55, 56 and a part of 57 will close between October 2014 and June 2015 for the construction (The Great Wheel, Argosy Cruises and the Seattle Aquarium will remain open). Seattle will set aside $15M to compensate them. [Seattle Times]
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