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Tech Mogul Von Schmauder Utilizing Historic Block for High Tech Office Space

TACOMA, WA-The acquired properties include the 75-year-old Kress Building at 934 Broadway, abandoned by Kress in 1972; the 50-year-old Woolworth Building at 955 Broadway, vacated by Woolworth in 1993; and the 94-year-old Payless Building at 930 Broadway that Payless deserted in 1979.

By Jack Burney | Updated on December 28, 2000

TACOMA, WA-Technology mogul Jeff Von Schmauder is promoting the renaissance of downtown Tacoma with enthusiasm. Schmauder is the head of a partnership that has taken over three aged buildings on Broadway in order to renovate them for new high-tech tenants.

The acquired properties include the 75-year-old Kress Building at 934 Broadway, abandoned by Kress in 1972, the 50-year-old Woolworth Building at 955 Broadway, vacated by Woolworth in 1993, the 94-year-old Payless Building at 930 Broadway that Payless deserted in 1979. Also thrown in was the parking lot at 920-922 Broadway, across from the Pantages Theater and Theatre on the Square, which may turn into a three-story parking garage.

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