SEATTLE—A 63-year-old four story building that once housed a branch of the Federal Reserve Bank has been placed on the National Register of Historic Places.
The inclusion came last week, according to a report in the Puget Sound Business Journal. Developers have been interested in the downtown property for years. The listing does not preclude redeveloped of the site at 1015 Second Ave. But doing so now will be more complicated, the paper says.
Companies that submitted bids to buy the property include Ariel Development, Martin Selig Real Estate and Touchstone Corp., all of Seattle, and Hines, which is based in Houston and has a Seattle office.
Click Puget Sound Business Journal to read the full story.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
