Pacific Tower Project

Education and work force training space centered around health services and other non profit space.

Investment

  • NMTC Amount: $22,500,000
  • Total Project Cost: $56,344,590

IMPACT

  • 102 FTE jobs
  • 100 construction jobs
  • 11,815 patients served
  • Project includes a Federally Qualified Health Center.

Investor

Project Description

Pacific Tower is a dynamic hub for some of the state’s most vital and innovative public and nonprofit organizations. Located on Beacon Hill in one of Seattle’s most iconic buildings, Pacific Tower brings together the health care training programs of Seattle Central College with leading organizations whose work spans issues of health care, education, job creation, energy conservation and the health of the nonprofit sector. The driving vision for Pacific Tower is to create an environment that fosters intentional linkages and synergies among the partner organizations to magnify their impact.

MAP

Address: 1200 12th Avenue South, Seattle, WA 98144

Census Tract: 53033009400

Other Washington Projects

A loan to an automotive dealer, Boardwalk Motors, helped support the business and retain 5 jobs during the collapse of the automotive market during the Great Recession.

Financing for Heritage University’s campus expansion in Toppenish, Washington.
NDC’s investment helped finance the construction of a new Medical Arts Pavilion, which is part of a larger project to improve their ability to bring vital medical facilities to residents
NMTC financing brings supportive housing and job training to homeless individuals in Everett