In Seattle, as well as many other larger cites, fast-growing tech companies tend to lease older spaces, sometimes in the worst parts of town. But tall towers never appealed to technology companies because many feel claustrophobic in closed, square spaces. Seattle developer Wright Runstad & Co. has invested $600 million in an area called Rainier Square, in the attempt to convince young technology companies to move to the city’s original financial district. Rainier Square will stretch an entire city block, and will feature an unusual 58-story, J-shaped building.
Rainier Square includes all necessary elements for a successful area: residential, office, and retail. The first 40 floors of the “J” building will contain office space, while the remaining 18 floors will hold 180 apartments. The rest of the block will also include a separate 12-story hotel, as well as select retail stores.
The building progressively decreases in size as the number of floors increases, and includes 27 different size floors. The large bottom floor plans will appeal to larger tech companies who value collaboration. The smaller floor plans in the middle of the building may appeal to smaller companies who usually have to share a floor with other companies. The smaller offices allow the company to collaborate more efficiently with their company, and allows the company to settle in a prime location. Bringing technology companies to the financial district could jumpstart the area’s urban energy, and bring Seattle one step closer to becoming a 24-hour city.