Pacific Coast Architecture Database (PCAD)

Structures

Washington Mutual Bank, Tower #2, Downtown, Seattle, WA

ID: 5366
Alt. Name: WaMu Center, Downtown, Seattle, WA
Russell Investments Center, Downtown, Seattle, WA
Construction Date: Start Date: 2004
End Date: 2006
Notes: On an interim basis (between 09/26/2008-09/2009), the former WaMu Center was renamed the "Chase Center."
Building History: NBBJ designed this $300 million, 42-story building as the headquarters for the Washington Mutual Bank, in 2005, the sixth largest bank in the U.S.; the tower was to contain 890,000 square-feet and accommodate 4,000 bank employees. (Other figures set the square footage at 940,000 square feet.) Seattle City Council passed zoning regulations for the WaMu Center, 11/12/2002; a building construction accident injured three steelworkers, 5/11/2005; the Seattle Museum of Art would occupy a 12-story portion of the block facing First Avenue; after the collapse of Washington Mutual on 09/26/2008, JPMorgan Chase cut its tower-based work force, paring from approximately 4,000 employees (in 2006) to fewer than 500 on 09/10/2009. On 09/09/2009, Russell Investments, a firm that produces stock indexes and invests institutional pension funds, announced that it would leave its Tacoma, WA, headquarters to purchase the largely vacant WaMu Tower. The company would transfer its 900 employees into about 300,000 square feet of the Seattle tower by the end of 2010. Russell Investments was founded in Tacoma in 1936 and sold to the Northwestern Mutual Life Insurance Company of Milwaukee, WI, in 1999. After 2009, JPMorgan Chase would continue to lease 3 floors of the building from Russell.
Structure Type: built works - commercial buildings - office buildings
Locations: Structure:
Seattle, WA
USA