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1015 2nd Ave
Seattle, WA 98104

Federal Reserve Building · Property For Lease

Property Overview

Located at the epicenter of Downtown Seattle, this Art Deco building was custom-built in 1950 as the Federal Reserve Bank. Since the Federal Reserve relocated in 2012, the building has transformed into top-of-its-class office space. The transformation incorporates the historical character of the original structure, which is a member of the National Register of Historic Places. Eleven stories tall, seven stories now sit atop the original four, plus two floors under the main lobby level. Additionally, the offices are pet-friendly, there is a rooftop deck, a terrace on the fourth floor, and street-level skylights providing natural light to the below-grade levels. Art installations, including the Adam sculpture by Fernando Botero, adorn the plaza outside the main entrance. The massive vault doors formerly used by the Federal Reserve Bank will be preserved on-site, further contributing to the historical aesthetic. Guarding the corner of Madison and 2nd in the heart of Downtown Seattle, the Federal Reserve Building is only steps away from Seattle landmarks like the Seattle Central Library, City Hall, the Justice Center, Seattle Art Museum, Benaroya Hall, and the Seattle Great Wheel. Commuting is easy in the area with excellent access to both I-5 and SR 99 in around 10-minute drives. Public transit is easily accessible as well, with the University Street Station on the Downtown Transit Tunnel located two blocks away. This station services the Link light rail and connects with the Seattle Monorail in minutes or can have riders to Seattle-Tacoma International Airport in under an hour. The Seattle Ferry Terminal is three blocks away, providing access to multiple destinations across Elliott Bay. Bus stops are easily accessible on 2nd Avenue and Madison Street, and Downtown is very bikable with a painted bike lane running directly in front of the Federal Reserve Building. Within walking distance are several great retail, restaurant, and entertainment options, including the new park promenade and bike path, a linear park stretching from Pioneer Square to the Seattle Aquarium along the city's revitalized waterfront. The repurposed Federal Reserve Building presents a unique opportunity to occupy a prestigious building in the urban fabric of Seattle.

  • Conferencing Facility
  • Fitness Center
  • Natural Light
  • Shower Facilities
  • Wi-Fi
  • Air Conditioning
  • Smoke Detector
  • On-Site Security Staff

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1950/2020
LoopNet Rating
5 Star
Building Height
13 Stories
Building Size
243,845 SF
Building Class
A
Typical Floor Size
18,757 SF
Parking
23 Covered Parking Spaces
  • Listing ID: 12527427

  • Date on Market: 2018-05-10

  • Last Updated:

  • Address: 1015 2nd Ave, Seattle, WA 98104

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