Pacific Place (Seattle)

Pacific Place is an upscale shopping center in downtown Seattle, Washington, United States, located at 6th Avenue and Pine Street. Opened on October 29, 1998, the shopping center has a total area of 335,000 square feet (31,100 m2). Of its five floors, the top floor features an 11-screen AMC Theatre (formerly General Cinema) and various restaurants. There was an entrance to the Barneys New York (Now closed) store on the mid level. 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 flagship. During the Christmas season, it "snows" every night at 6 p.m. in the atrium.

Pacific Place
Panoramic view of the interior
LocationSeattle, Washington, United States
Coordinates47°36′45″N 122°20′07″W
Opening dateOctober 29, 1998[1]
DeveloperPine Street Group L.L.C.
ManagementMadison Marquette
OwnerMadison Marquette
ArchitectNBBJ
No. of anchor tenants3
Total retail floor area335,000 square feet (31,100 m2)[2]
No. of floors5
ParkingUnderground parking garage
Websitepacificplaceseattle.com

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.[3]

References
  1. Moriwaki, Lee (October 25, 1998). "Pacific Place -- Will Opening Of Downtown's Newest Shot In The Arm Be Clouded By Recession?". seattletimes.com. The Seattle Times. Retrieved January 6, 2020. Pacific Place, the retail-cinema-restaurant complex that will add glitz and variety to downtown Seattle, opens Thursday (the 29th) at Sixth Avenue and Pine Street.
  2. http://www.pacificplaceseattle.com/art/11595_eprint.pdf
  3. "King Street, easy street". Retrieved 2 September 2016.


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