Under construction in April 2016
|Former names||M5 Commerce Centre, 505 Madison|
|Location||910 5th Avenue, Seattle, Washington 98104|
|Construction started||September 2014|
|Roof||530 ft (160 m)|
|Floor area||950,000 sq ft (88,000 m2)|
|Design and construction|
|Structural engineer||DCI Engineers|
|Main contractor||Sellen Construction|
The Madison Centre (formerly known as M5 Commerce Centre and 505 Madison) is a 530-foot (160 m) tall skyscraper under construction in Seattle, Washington. It is scheduled to be completed in 2016 and have 36 floors of office space totaling 950,000 square feet (88,000 m2) of gross leasable area. Upon its completion, it would be the eleventh tallest building in Seattle. It is located at the intersection of 5th Avenue and Madison Street in Downtown Seattle, adjacent to the Seattle Central Library and William Kenzo Nakamura United States Courthouse.
Schnitzer West bought the existing property at the site and hoped to begin construction of a skyscraper as early as 2008. In the meantime, however, the late-2000s recession struck the economy and consequently the fate of many commercial real estate projects came under doubt, including 505 Madison. Further development of the project hinged on securing a sufficient number of preleases by 2009, which did not occur.
In February 2016, Touchstone Corporation announced that it would enter a joint venture with Schnitzer West to develop the Madison Centre, contributing $150 million in equity and a construction loan.
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- Madison Centre at Emporis
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