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Russell Investments Center

Coordinates: 47°36′26″N 122°20′14″W / 47.607311°N 122.337109°W / 47.607311; -122.337109
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Russell Investments Center
Russell Investments Center (then WaMu Center) in 2006
Russell Investments Center is located in Seattle WA Downtown
Russell Investments Center
Location within downtown Seattle
Former namesChase Center
WaMu Center
Washington Mutual Center
General information
TypeCommercial offices
Location1301 Second Avenue
Seattle, Washington, U.S.
Coordinates47°36′26″N 122°20′14″W / 47.607311°N 122.337109°W / 47.607311; -122.337109
Construction started2004
Completed2006
CostUS$370 million
OwnerCommonWealth Partners, CalPERS
Height
Roof182.18 m (597.7 ft)
Technical details
Floor count42
Floor area87,300 m2 (940,000 sq ft)
Lifts/elevators35
Design and construction
Architect(s)NBBJ
DeveloperPine Street Group LLC
Structural engineerMagnusson Klemencic Associates
Main contractorSellen Construction
References
[1][2][3]

Russell Investments Center is a 42-floor skyscraper in Seattle, Washington, United States. It is the ninth tallest building in Seattle at 182.18 m (597.7 ft), and on completion was the largest skyscraper to mark the downtown skyline in nearly 15 years.

The skyscraper was originally named WaMu Center because it was built to become the new headquarters for Washington Mutual (WaMu), which intended to move most of its many Seattle-area workers into one tower, streamline operations, and encourage worker interaction, with a reinvention of the workplace. Major construction ended in early 2006, with minor construction continuing into the fall. Tenants from Washington Mutual began to move into the tower in March that year. On September 25, 2008, Washington Mutual failed, and its assets and accounts were sold to JPMorgan Chase by the Federal Deposit Insurance Corporation. On June 1, 2009, the building was renamed Chase Center.[4] On September 9, 2009, the building was purchased by Northwestern Mutual of Milwaukee. Russell Investments, a Northwestern Mutual subsidiary, made the building its corporate headquarters upon relocation from Tacoma, Washington, and renamed the building the Russell Investments Center.[5][6]

The architect for the tower was NBBJ, which also designed nearby Two Union Square and other notable buildings in downtown Seattle. Sellen Construction was the general contractor for the project. The tower is located at 1301 Second Avenue, on the opposite corner from 1201 Third Avenue that was previously named Washington Mutual Tower. It includes the Seattle Art Museum (SAM) on the first four floors of the west half of the building, and connects to the museum's existing building on the southern portion of the block. WaMu and SAM made an agreement where the museum may expand in two-floor increments up to the 12th floor over the next 20 years as needed.[7]

The building also features a private 20,000 sq ft (1,900 m2) rooftop patio on the west half of the 17th floor for workers of the tower to take walks along the several walking paths.[citation needed] The west facade of the Russell Investments Center displays a "12" during Seattle Seahawks games—a reference to the team's 12th man—by opening certain window shades. The display was first used in 2006 prior to Super Bowl XL and became a regular feature in 2014, shortly before the team's Super Bowl XLVIII title.[8][9]

In July 2024, Russell Investments confirmed their plans to move their headquarters to the Rainier Square Tower.[10]

Tenants

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  • The 17th floor garden roof viewed from the 43rd floor roof.
    The 17th floor garden roof viewed from the 43rd floor roof.

References

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  1. ^ "Emporis building ID 137730". Emporis. Archived from the original on March 7, 2016.{{cite web}}: CS1 maint: unfit URL (link)
  2. ^ "Russell Investments Center". SkyscraperPage.
  3. ^ Russell Investments Center at Structurae
  4. ^ Andrea James (May 26, 2009). "Hello and goodbye: WaMu officially becomes Chase on June 1". The Seattle P-I. Retrieved February 3, 2011.
  5. ^ Tibbits, George (September 9, 2009). "Russell Investments moving to Seattle". The Seattle Times. Retrieved February 3, 2011.
  6. ^ "Russell celebrates new global headquarters opening". Russell Investments. November 3, 2010.
  7. ^ Sheila Bacon. "Where Cash Meets Culture". Constructor. Archived from the original on June 12, 2008. Retrieved February 3, 2011.
  8. ^ "How The '12 Building' That Lights Up The Seattle Skyline Comes To Life". Seahawks.com. National Football League. January 14, 2016. Retrieved July 3, 2024.
  9. ^ Stiles, Marc (January 22, 2014). "How did they make that giant 12? Teamwork". Puget Sound Business Journal. Retrieved July 3, 2024.
  10. ^ Stiles, Marc (July 2, 2024). "Russell Investments confirms headquarters move to Rainier Square". Puget Sound Business Journal. Retrieved July 3, 2024.
  11. ^ Cook, John (November 24, 2014). "Confirmed: Zillow to lease five more floors at downtown Seattle HQ". GeekWire. Retrieved December 3, 2014.
  12. ^ Miller, Brian (November 20, 2023). "Perkins Coie leaving 1201 Third for half the space on Second Avenue". Seattle Daily Journal of Commerce. Retrieved November 27, 2023.
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