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Ground-breaking for the new branch of the Federal Reserve Bank of San Francisco occurred 08/31/2005; it was finished in 02/2008 and dedicated 04/07/2008, moving from its former location at 1015 2nd Avenue in Downtown Seattle, WA. The Renton facility was located on a 9.6-acre portion of the former Longacre Race Track site, later owned by Boeing. (Some news sources indicated that it was a 10.8-acre parcel.) Recently, the land was a vacant part of the Longacres Office Park. The prime motive for the move was security, as this facility was designed with a more secure perimeter than the previous Downtown Seattle location. Bank officials also wanted a more sprawling, horizontal plan to accommodate bank operations. A bank press release indicated that its functions were as follows: "The Pacific Northwest Regional Cash Operation will be established; The cash-handling system in the vault will employ automated cranes and storage racking for efficient retrieval of currency; Local administration and executive functions will also reside in the new building, as well as staff in human resources, customer support, police services, economic education and public programs, facilities, procurement, and information technology." (See http://www.frbsf.org/news/releases/2005/0831.html Accessed 08/19/2008)

This bank had 3 stories and contained over 100,000 square feet of space. Tel: (425) 203-0800 (2008); an architectural detail that once stood on the facade of the Portland Federal Reserve Bank--an bronze eagle--was transferred to the lobby of this new Renton branch.

PCAD id: 12701