{"id":687,"date":"2007-02-22T16:58:00","date_gmt":"2007-02-22T23:58:00","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=687"},"modified":"2012-03-25T23:57:50","modified_gmt":"2012-03-26T06:57:50","slug":"latest-condo-conversion-smith-tower","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2007\/02\/22\/latest-condo-conversion-smith-tower\/","title":{"rendered":"Latest Condo Conversion: Smith Tower?"},"content":{"rendered":"<p>If the owner of the Smith Tower gets what they want, you can add yet another condo to <a href=\"http:\/\/seattlebubble.blogspot.com\/2006\/06\/seattle-2010-vancouver-bc-20.html\" title=\"Seattle 2010 = Vancouver, BC 2.0?\">dozens already planned<\/a> for downtown&#8217;s future.  Walton Street Capital is hoping to <a href=\"http:\/\/seattletimes.nwsource.com\/html\/localnews\/2003583251_smithtower22.html\" title=\"Iconic Smith Tower may become condos\">convert the Smith Tower into condos<\/a>:<\/p>\n<blockquote><p>Ninety-three years after Pioneer Square&#8217;s Smith Tower was built as an elegant business address, its new owner hopes to turn the 38-story landmark into residential condominiums.<\/p>\n<p>Chicago-based Walton Street Capital filed papers with the city Wednesday to begin what could be a months-long process of getting approval to redo the tower as housing.<\/p>\n<p>It seems that living in old buildings is more charming \u2014 and practical \u2014 than working in them.<br \/>\n&#8230;<br \/>\n&#8220;We bought it, frankly, as an office building, and it wasn&#8217;t until we found out we would lose the two largest tenants in the building that we really looked carefully at what our options were,&#8221; <em>[Walton Street representative Michael]<\/em> Allmon said. &#8220;We&#8217;ve just become excited about the possibility of changing its use.<\/p>\n<p>&#8220;It&#8217;s important that all possible current and future uses be explored in the preservation of this iconic tower,&#8221; he added.<br \/>\n&#8230;<br \/>\nAllmon believes a condominium-ized Smith Tower would have little trouble competing with the dozen or so swank condo developments under construction in downtown Seattle.<\/p>\n<p>&#8220;I think this really is a category unto itself,&#8221; he said.<\/p><\/blockquote>\n<p>I personally think it would be pretty awesome to live in the Smith Tower (that is of course if I worked anywhere near downtown).  It&#8217;s always been one of my favorite buildings in Seattle.  I made <a href=\"http:\/\/www.timandjeni.com\/pictures_sculptures_legosculpture_06.html\" title=\"LEGO Smith Tower - Tim Ellis\">a crude LEGO model<\/a> of it (crude compared to <a href=\"http:\/\/www.flickr.com\/photos\/imaginationispower\/264524116\/in\/set-72157594319047826\/\" title=\"LEGO Smith Tower\">this one<\/a>), and it is featured prominently in <a href=\"http:\/\/timothyellis.googlepages.com\/Heart_of_Seattle_by_Marshall_Johnson.jpg\" title=\"Heart of Seattle\" rel=\"lightbox[687]\">the only painting my wife and I own<\/a>.<\/p>\n<p>On the other hand, they&#8217;ll most likely be ridiculously expensive luxury condos, far out of reach for most people, and besides that, does downtown Seattle <em>really<\/em> need <em>yet another<\/em> tower full of condos, on top of the 49 others in the works?  Really?<\/p>\n<p>(<em>Amy Martinez &#038; Elizabeth Rhodes, <a href=\"http:\/\/seattletimes.nwsource.com\/html\/localnews\/2003583251_smithtower22.html\" title=\"Iconic Smith Tower may become condos\">Seattle Times<\/a>, 02.22.2007<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If the owner of the Smith Tower gets what they want, you can add yet another condo to dozens already planned for downtown&#8217;s future. Walton Street Capital is hoping to convert the Smith Tower into condos: Ninety-three years after Pioneer Square&#8217;s Smith Tower was built as an elegant business address, its new owner hopes to&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[612,198],"tags":[4,68,87],"coauthors":[],"class_list":["post-687","post","type-post","status-publish","format-standard","hentry","category-local","category-news","tag-condos","tag-downtown","tag-smith_tower"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Latest Condo Conversion: Smith Tower? \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2007\/02\/22\/latest-condo-conversion-smith-tower\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Latest Condo Conversion: Smith Tower? \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"If the owner of the Smith Tower gets what they want, you can add yet another condo to dozens already planned for downtown&#8217;s future. Walton Street Capital is hoping to convert the Smith Tower into condos: Ninety-three years after Pioneer Square&#8217;s Smith Tower was built as an elegant business address, its new owner hopes to...\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2007\/02\/22\/latest-condo-conversion-smith-tower\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2007\/02\/22\/latest-condo-conversion-smith-tower\/\",\"name\":\"Latest Condo Conversion: Smith Tower? \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"datePublished\":\"2007-02-22T23:58:00+00:00\",\"dateModified\":\"2012-03-26T06:57:50+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2007\/02\/22\/latest-condo-conversion-smith-tower\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2007\/02\/22\/latest-condo-conversion-smith-tower\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2007\/02\/22\/latest-condo-conversion-smith-tower\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Latest Condo Conversion: Smith Tower?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. 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