WASHINGTON MUTUAL/SEATTLE ART MUSEUM PROJECT

Pine Street Group (PSG) partnered with The Seneca Real Estate Group to create a significant addition to downtown Seattle in the form of a new headquarters office tower for Washington Mutual (WaMu) and expansion space for the Seattle Art Museum (SAM). The project, at Second Avenue and Union Street, includes a 715-stall underground parking garage, a 300,000-square-foot SAM expansion component and a 900,000-square-foot, 42-story office tower, called WaMu Center.

In 2001, WaMu engaged the Pine Street Group to analyze its consolidation options. After analysis of multiple sites, PSG proposed redeveloping an under-utilized site owned by SAM and contiguous to its downtown museum.