pacific tower

Joe Mabel / Wikimedia

After a slow start, the state of Washington says it’s on track to fill the former headquarters of with tenants. But long-term costs remain a concern.

Washington’s Department of Commerce has signed a lease to take over Seattle’s iconic Pacific Tower for the next 30-years.

The state of Washington is expected to sign a 30-year lease Tuesday for Seattle’s iconic Pacific Tower on Beacon Hill.

Terms And Cost Of Pacific Tower Lease Raise Questions

Oct 31, 2013
Austin Jenkins

The state of Washington is about to make a major real estate decision that supporters say will transform healthcare training for the next generation. The deal has also been called “a nightmare.” We’re talking about a proposed lease of Seattle’s Pacific Tower - former headquarters of Amazon dot com. Powerful interests – including Washington’s Speaker of the House – want to turn the Seattle landmark into a training center for future health care workers and a hub for non-profits. But internal state agency documents raise serious questions about the terms and cost of the deal.

It could cost the state of Washington more than $250 million over 30 lease and operate the former headquarters of