Key Bank Tower (Everett, Washington)
| Key Bank Tower | |
|---|---|
.jpg) Key Bank Tower from California Avenue in downtown Everett | |
 | |
| Former names | Everett Mutual Tower |
| Record height | |
| Tallest in Everett, Washington and Snohomish County, Washington since 1994[I] | |
| Preceded by | Wall Street Building |
| General information | |
| Type | Commercial offices |
| Location | 2707 Colby Avenue Everett, Washington United States |
| Coordinates | 47°58′53″N 122°12′29″W / 47.9815136°N 122.2081158°W |
| Construction started | June 2, 1993 |
| Topped-out | July 8, 1994 |
| Completed | 1994 |
| Opened | 1994 |
| Owner | Skotdal Real Estate |
| Height | |
| Architectural | 203 feet (62 m) |
| Roof | 160 feet (49 m) |
| Technical details | |
| Floor count | 11 (2 below ground) |
| Floor area | 145,000 square feet (13,500 m2) |
| Lifts/elevators | 4 |
| Design and construction | |
| Architect(s) | NBBJ |
| Developer | Colby Square Partners |
| Main contractor | SDL Corportation |
| References | |
| [1][2][3] | |
Key Bank Tower (also known as the Everett Mutual Tower) is a 203-foot (62 m) tall high-rise office building in downtown Everett, Washington. It has been the tallest building in Everett (measured to the architectural tip) since its completion in 1994.[1] The building originally served as the headquarters of the Everett Mutual Bank until it was acquired by KeyBank in 1998.[4] The tower is currently occupied by Farmers Insurance, First American Insurance, KeyBank, Merril Lynch, and Skotdal Real Estate offices as well as multiple retail outlets.[3]
Key Bank Tower is located at 2707 Colby Avenue, adjacent to the Everett Performing Arts Center. The top floor is home to the studios of radio stations KRKO and KKXA.[5]
Planning and construction
The site was originally occupied by a Pay 'n Save store.[6] Sears occupied the site from 1929 until 1969, when it moved into the Everett Mall.[7][8] Pay 'n Save, which had shared the building with Sears, took over the vacant space and remodeled the building shortly after the latter's departure.[9]
Key Bank Tower was originally part of the "Colby Square" development, a project intended to revitalize downtown Everett, which had declined since the construction of the Wall Street Building in 1979 as the city's growth suburbanized to the south.[10][11] Announced on May 1, 1991, the project was developed by Colby Square Partners, a partnership between JDH Limited of Bellevue and Duryee Group of Everett, and designed by Seattle-based architecture firm NBBJ with funding from the AFL–CIO trust;[11][12] it was later scrapped except for the building itself.[13]
With SDL Corporation of Bellevue as the general contractor, construction started on June 2, 1993, with the demolition of the Pay 'n Save store in a groundbreaking ceremony.[6][14] The building was topped off on July 8, 1994, with tenants moving in that November.[12] The building underwent foreclosure in 1995 by the AFL–CIO trust after SDL sought payment for cost overruns due to the accelerated development schedule; it was subsequently purchased by Skotdal Real Estate in 1997.[14][15]
References
- ^ a b Key Bank Tower, Everett at Emporis
- ^ Wall Street Building, Everett at Emporis
- ^ a b "Key Bank Tower" (PDF). Skotdal Real Estate. Archived from the original (PDF) on April 1, 2019. Retrieved February 2, 2017.
- ^ Wolcott, John. "In 1998, banks flush with money to lend". The Everett Herald. Retrieved March 23, 2017.
- ^ Brown, Andrea (April 10, 2018). "An Everett 'potcast' explains what all the buzz is about". The Everett Herald. Retrieved March 30, 2020.
- ^ a b Brooks, Diane (June 3, 1993). "Ground broken at Colby Square site". The Seattle Times. p. B1. Retrieved December 23, 2021 – via NewsBank.
- ^ "Sears, Roebuck and Co" (Advertisement). The Seattle Times. June 21, 1929. p. 11. Retrieved December 23, 2021 – via NewsBank.
- ^ "Sears' Everett Gears for Wednesday Opening". The Seattle Times. February 9, 1969. p. C3. Retrieved July 22, 2021 – via NewsBank.
- ^ O'Donnell, Jack (1992). "Street Scenes: Colby Avenue". Everett, Washington: A Picture Post Card History. K&H Printers. p. 12. ISBN 0-9635348-0-7.
Sears and Roebuck once occupied this site on Colby at Everett Avenue. Its neighbor, Pay 'n' Save Drugs later took over the location, remodeling it in the 1960s.
- ^ Shaw, Linda (April 28, 1991). "Colby Square: A turning point? – Everett's hopes hang on project". The Seattle Times. p. B1. Retrieved December 23, 2021 – via NewsBank.
- ^ a b Milburn, Karen; Shaw, Linda (May 1, 1991). "High hopes, big plans for downtown Everett". The Seattle Times. p. A1. Retrieved December 23, 2021 – via NewsBank.
- ^ a b "'Topping off' party set for new tower". The Seattle Times. July 6, 1994. p. B2. Retrieved December 23, 2021 – via NewsBank.
- ^ O'Donnell, Lawrence E. (1993). Everett Past and Present: A Centennial History of Everett. K&H Printers. p. 98. ISBN 978-0-89716-275-3. OCLC 436832753.
- ^ a b Brooks, Diane (October 4, 1995). "Everett office tower faces foreclosure – Lender to auction year-old building". The Seattle Times. p. B1. Retrieved December 23, 2021 – via NewsBank.
- ^ Brooks, Diane (August 26, 1997). "Developer purchases building he 'lost'". The Seattle Times. Retrieved February 2, 2017.
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