Pacific Place (Seattle)

Pacific Place is an upscale shopping center in downtown Seattle, Washington, United States. Opened on October 29, 1998, it is located at 6th Avenue and Pine Street and has a total area of 335,000 square feet (31,100 m2). It has five floors, the uppermost of which features an 11-screen AMC Theatre (formerly General Cinema) and various restaurants. The concourse level includes Barnes & Noble, AT&T and GameStop stores. Pacific Place also features a skybridge that connects it to Seattle's Nordstrom flagship. During the Christmas season, there is an artificial snow display every night at 6 p.m. in the atrium.

Pacific Place
Panorama of the interior in 2012
LocationSeattle, Washington, U.S.
Coordinates47°36′45″N 122°20′07″W
Opening dateOctober 29, 1998[1]
DeveloperPine Street Group L.L.C.
ManagementMadison Marquette
OwnerMadison Marquette
ArchitectNBBJ
No. of anchor tenants3
Total retail floor area335,000 square feet (31,100 m2)[2]
No. of floors5
ParkingUnderground parking garage
Websitepacificplaceseattle.com

On July 14, 2014, Pacific Place was sold for $271 million to Madison Marquette, a Washington, D.C.-based commercial real estate company.

Scandal

In a 1998 article by Mark Worth, the Seattle Weekly revealed that consultants linked to Pacific Place developer Jeff Rhodes had secured a $47 million low-interest loan to help build a for-profit parking garage beneath the mall. The loan was obtained through the Washington State Housing Finance Commission, a government agency whose mission is to support low-income housing and other needy projects. The parking garage also served a Nordstrom store across the street.[3]

References
  1. Moriwaki, Lee (October 25, 1998). "Pacific Place -- Will Opening Of Downtown's Newest Shot In The Arm Be Clouded By Recession?". seattletimes.com. The Seattle Times. Retrieved January 6, 2020. Pacific Place, the retail-cinema-restaurant complex that will add glitz and variety to downtown Seattle, opens Thursday (the 29th) at Sixth Avenue and Pine Street.
  2. http://www.pacificplaceseattle.com/art/11595_eprint.pdf
  3. "King Street, easy street". Retrieved 2 September 2016.


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