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Building History

This 41-story office building was erected on the former site of the Majestic Theatre, what later became known as the "Palace Hippodrome." A highrise office building was planned for the site by Toronto-based developer Cadillac Fairview Corporation Limited and CHG International, of Federal Way, WA. Cadillac Fairview-CHG planned to erect the building to house the Seattle Trust and Savings (Seafirst) Bank, taken over by Bank of America in 04/1983. Early on Seafirst and Key Bank of Cleveland, OH, were the tower's largest tenants.

In 04/1984, Seattle developer Martin Selig (born 12/31/1936 in Germany) swapped properties with Cadillac Fairview and obtained control over the 1000 2nd Avenue project. Cadillac Fairview and Selig worked with the huge Seattle architectural firm of NBBJ on the design of the building. Donald A. Winkelmann (1930-d. 03/11/1987) served as the Design Partner in Charge. This was one of Winkelmann's last major designs before his premature death at age 56. NBBJ collaborated with the Howard S. Wright Construction Company on the project.

Space leased by Seafirst was obtained by the expanding Key Bank in 1987. Two years later, Key Bank had identified lower coast office space in the nearby AT and T Gateway Tower, but Selig filed suit against it, arguing that the bank's departure broke Key's stated intention to remain until 1992. Selig lost his suit, and Key departed in 1991. In 2019, Selig's firm, Martin Selig Real Estate, maintained its headquarters in Suite #1800 of the 1000 2nd Avenue office tower. It had maintained its offices here since 1989 following a move from the Columbia Center after Selig sold it.

Building Notes

The office building portion of 1000 2nd Avenue contained 453,210 gross square feet (gsf) (433,090 net), 129,432 gsf of underground parking, and 7,279 gsf of retail space. It stood on a 25,920-square-foot (0.60-acre) lot in 2019.