Seattle needs to dezone MLK, Interbay and other major transit corridors and allow these areas to densify. The transit is there, and the property is either empty parking lots or 1 story slum commercial as the zoning restricts the area to a certain use. These areas should be replaced with dense, mixed use development.
We can have $800 apartments inside the city if we so choose, but with zoning forcing developers to build skinny dual towers and similar, we are forcing the minimum apartment price skywards.