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The developer J.F. Douglas (b. 1874) obtained money from investors in New York, NY, and Boston, MA, to erect this apartment building. He felt that by calling his various projects names familiar to Easterners, e.g., "Manhattan Flats" or the "Waldorf Hotel," they would be more willing to invest. Apparently, he was correct. Douglas and 15 other investors from the NW also attracted some East Coast money to invest in their Metropolitan Building Company, the entity that directed the construction of the White-Henry-Stuart Buildings, Cobb Building, Stimson Building and others in the Metropolitan Tract in Seattle, WA, beginning in 1908.

PCAD id: 16695