Twenty-two stories pierce the Seattle sky. That’s the Pacific Building. A concrete giant rising at 720 Third Avenue.
Completed in 1971 it’s a testament to ambition. The Pacific Building Corporation spearheaded its creation. Richard H Hadley a prominent developer and engineer led the charge. His father Homer Hadley a pioneer in floating bridges made him proud.
The Pacific Building wasn’t built overnight. Dames & Moore conducted extensive soil tests. Their 1968 report ensured a sturdy foundation. Three exploratory borings revealed the secrets of the earth. This knowledge guided the building’s design.
By 1995 things changed. The building stood half-empty. Continental Savings Bank ended its long-term lease. It had occupied seven floors since 1971. The bank became HomeStreet Bank.
Then came a turnaround. By 2001 occupancy soared to nearly 90 percent. Martin Smith Inc managed the building expertly. It was a testament to effective management.
In 2007 Meriwether Partners purchased the building. They invested millions. They remodeled the lobby. They upgraded the elevator cabs. The Pacific Building shone again.
The Seattle Police Department’s Office of Professional Accountability leased a floor in 2014. They committed to a 10-year lease. Their rent increased annually. This shows the Pacific Building’s enduring appeal.
Brickman bought the Pacific Building in 2014 for $50.35 million. That’s a significant investment. The building’s history reflects changing times in Seattle. It stands as a symbol of resilience. A survivor that still stands tall. It is a landmark. A part of Seattle’s story. A must-see for any visitor.