EQ Office has announced plans to reposition the US Bank Tower in Downtown Seattle. The project will be the largest of its kind in the market's downtown core, according to EQ Office, which acquired the building in June 2019 and started construction in February 2021. The project will be completed in early 2023.

EQ's vision for the project is to create a culture and environment that will attract workers back into the office, and support talent recruitment and retainment. According to Lisa Picard, EQ Office CEO, large companies are expecting a full return to the office, and many are looking for buildings that support the transition back into physical workspaces. EQ is partnering with SkB Architects and Blackstone on the project.

The repositioning includes a complete redevelopment of the building's first floor with several hospitality spaces that will engage guests. The project will include an open air central hall along Fifth Avenue known as Cedar Hall. The three-story space will house retailers and food experiences. EQ Office will also redesign the lobby and public amenity spaces and install local art to enhance the experience.