Overview

The firm of Hobbs / Fukui designed this weekend house for Fred Paulsell, who at this time worked for the Seattle brokerage house, Foster and Marshall.

Building History

The newly-formed Seattle architectural firm of Hobbs / Fukui produced this summer residence for Fred Paulsell (c. 1939-2002) who worked for at least two brokerage houses in Seattle, including Smith Barney. He came to Seattle to manage Smith Barney's office in about 1969, a year before this house was commissioned. Paulsell became an Executive Vice-President with the Seattle brokerage of Foster and Marshall in 1972.

After Shearson / American Express took over Foster and Marshall, Paulsell collaborated with two colleagues to open the venture capital firm, Foster Paulsell and Baker, in 1985. Paulsell's firm helped to bankroll the first Costco store that began operations in 09/1983. (See Los Angeles Times.com "Fred Paulsell, 63; Played Major Role in Costco’s Opening," published 10/30/2002, accessed 02/07/2020.)

Building Notes

The Fred Paulsell, Jr., Summer House receiced an AIA Seattle Exhibition Award in 1970.

PCAD id: 22809