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April 22, 2021
Turgeon Raine recently vacated its old location on Fifth Avenue near Union Street, which is bound for redevelopment as a hotel by Masterworks Development. The jeweler has landed a block south at a new 7,000-square-foot corner location in the historic Skinner Building, at 1300 Fifth, owner Unico Properties recently announced. That corner space, at University Street, was vacated by Gucci. It's part of the over 10-acre Metropolitan Tract, which is ground leased from the University of Washington, and mostly managed by Unico. Jerry Raine founded his shop in 1982, and said in a statement, “We're very proud and excited to be a part of this historic location. Understanding that the pandemic has temporarily changed the nature of downtown, I still believe in the long-term outlook for Seattle. As Mark Twain once said, ‘The reports of my death are greatly exaggerated.'” (In other downtown jewelry-related news, Ben Bridge recently moved from the Fourth & Pike Building, now being renovated by new owner LBA Realty, and landed in the former Fifth Avenue home of Brooks Brothers, which last year went into bankruptcy and was sold. That storied clothier has now disappeared from our market.)