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September 16, 2021
Once known as the F.X. McRory's building, now dubbed 419 Occidental, the freshly renovated offices and retail/restaurant space on the corner of South King Street is done and ready to lease, says developer Urban Villages, of Denver. That's Phase I of the three-building RailSpur development in Pioneer Square, which is owned by Manchester Capital Management. Urban Villages' Jon Buerge said in a statement, “The delivery of 419 Occidental at RailSpur is a significant milestone toward the revitalization of Seattle's first neighborhood. This is an exciting opportunity for retailers and businesses.” SHED Architecture & Design and Chinn Construction gut-renovated 419 Occidental, which is targeting LEED Platinum certification, and added a new eighth-floor penthouse. CBRE is brokering the office space, with about 77,000 square feet. The ground floor and basement, with about 15,202 square feet, are being marketed directly by Urban Villages, which had once contemplated a food hall there. Chinn is now underway on Phase II, with a 26-unit addition to the Art Deco-style Fisher Building, plus retail space at grade. Completion is expected late this year. Phase III will be the conversion of the former Westland Building, now offices, into a boutique hotel. All three buildings are connected by the improved mid-block alleys.