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Old, New Key Bank Buildings Redone

TACOMA, WA-KeyTower is being recreated as high-tech office space, and the bank has a more customer friendly site next door.

By Ingrid Ricks | Updated on October 02, 2000

TACOMA, WA-With KeyBank district headquarters now next door, the 16-story KeyTower at 1119 Pacific Avenue has been freed up for use as high-tech office space.

Tacoma developers Herb Simon and Ted Johnson paid $5.8 million for the building last summer, and have been preparing the building for lease to dot-com companies. They predict healthy leasing activity because the space will be much less expensive than Seattle, and because it is wired for broadband access thanks to a city-funded effort to criss-cross the city with fiber optic cables.

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