Pacific Tower Project

Seattle,
WA
(2015)

Pacific Tower Project

Adult Education, College or Vocational Training, Community, FQHCs, Healthcare, Mixed-use

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.

CDEs

Consortium America, Seattle Investment Fund, Urban Research Park CDE

Investor

US Bank

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

Odessa Brown Community Clinic

Seattle,
WA
(2020)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Dental Services, FQHCs, Healthcare, Library, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families

CDE(s): Chase, Craft3, Nonprofit Finance Fund, Urban Research Park CDE

New construction of 29,000 sq. ft., 2 floor pediatric health clinic which will serve predominately black children.

Columbia Pulp

Starbuck,
WA
(2018)

Manufacturing, Timber and Agriculture

CDE(s): CEI Capital Management

The Second tranche of financing for the construction of new wheat straw to paper pulp manufacturing facility.

Circle Seafoods

Aberdeen,
WA
(2023)

Manufacturing

CDE(s): Alaska Growth Capital, CEI Capital Management, Hampton Roads Ventures, Native American Bank

This project will finance the equipment acquisition required to construct an ultra-low temperature fish freezing, cold storage salmon processing facility that will operate on water. The facility will spend peak

Omak Family Health Center

Omak,
WA
(2013)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare, Rural

CDE(s): Grow America

Family Health Centers used $6.6M in NMTC financing for the relocation and expansion of its Medical clinic and Pharmacy.