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August 3, 2016

Landmarks board gets update on Selig project

Image courtesy of Bain LLC [enlarge]

The fate of the 1950 Federal Reserve Bank building at 1015 Second Ave. is on the agenda for today's 3:30 p.m. meeting of the Seattle Landmarks Preservation Board.

Martin Selig Real Estate bought the four-story structure last year in an auction for $16 million and has proposed adding extra floors in several configurations. The facade and plaza cannot be altered, along with certain interior features. The space has been empty since 2008.

In June, Selig presented the landmarks board with a plan to add eight stories to the structure, yielding 125,000 square feet of office space on top of the original 100,000 square feet. Earlier he had proposed as many as 44 new floors and a net height up to 664 feet, with some of the space for apartments.

The proposed addition would be mostly glass, in contrast to the dark limestone below. Large videos might also be screened above Second Avenue.

Selig said his team has responded to the landmark board's “very legitimate criticism... They wanted it lighter and brighter, and that's what we've done. We're putting the final touches on the scale model now.”

The model will be shown at today's meeting.

Selig's team includes Bill Bain, atelierjones and Perkins+Will. Lease Crutcher Lewis is general contractor. KPFF Consulting Engineers is structural engineer.

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