Pacific Place (Seattle)

Pacific Place
Panoramic view of the interior
Location Seattle, Washington
Opening date October 1998
Developer Pine Street Group L.L.C.
Management Madison Marquette
Owner Madison Marquette
Architect NBBJ
No. of anchor tenants 3
Total retail floor area 335,000 square feet (31,100 m2)
No. of floors 5
Parking Underground parking garage
Website pacificplaceseattle.com

Pacific Place is an upscale shopping center located in downtown Seattle, Washington on Sixth Avenue and Pine Street. Opened in October 1998, the shopping center has a total area of 335,000 square feet (31,100 m2). Of its 5 floors, the top floor features an 11-screen AMC Theatre (formerly by General Cinema) and various restaurants. On the mid level the center has an entrance to the Barney's store. The concourse level includes a Barnes & Noble bookstore, AT&T and GameStop. Pacific Place also features a skybridge that connects it to Seattle's Nordstrom. During the holidays, it 'snows' every night at 6 p.m. in the atrium.

Pacific Place was sold on July 14, 2014 for $271M to Madison Marquette, a Washington, D.C.-based commercial real estate company.

Scandal

In a 1998 article by Mark Worth, the Seattle Weekly revealed that consultants linked to Pacific Place developer Jeff Rhodes had secured a $47 million low-interest loan to help build a for-profit parking garage beneath the mall. The loan was obtained through the Washington State Housing Finance Commission, a government agency whose mission is to support low-income housing and other needy projects. The parking garage also served a Nordstrom store across the street.[1]

References

  1. "King Street, easy street". Retrieved 2 September 2016.

Coordinates: 47°36′45″N 122°20′07″W / 47.61250°N 122.33528°W / 47.61250; -122.33528


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.