A street vacation , also known as an alley vacation or vacation of public access , is a type of easement in which a government transfers the right-of-way of a public street , highway or alley to a private property owner. The process, which varies between cities and states in the United States , is often used for large-scale real estate development , where alleys cutting through city blocks are closed for a large building. City laws may require public benefits and other types of compensation in exchange for the approval of a street vacation.
18-789: Pacific Place may refer to: Pacific Place (Seattle) , a shopping centre in Seattle, United States Pacific Place Jakarta , a shopping centre in Jakarta, Indonesia Pacific Place (Dallas) , a skyscraper in Dallas, United States Pacific Place (Hong Kong) , a complex of office towers, hotels and shopping centre in Hong Kong Concord Pacific Place , an urban redevelopment area in Vancouver, Canada Topics referred to by
36-546: A gas station by November 1943, when the Standard Oil Company of California acquired the property and announced plans for a three-level underground parking garage with a car capacity of 450 the following January; the combined parking garage and gas station opened on June 6, 1947. In 1951, department store chain Frederick & Nelson reached an agreement with Puget Sound Power and Standard Oil to purchase
54-604: A $ 14,980 fee paid to the Los Angeles Bureau of Engineering to begin the process of review for street vacations. The process includes a public investigation, environmental review, actions from the Los Angeles City Council , and public hearings before they can be accepted. In Portland, Oregon , the street vacation process takes approximately 8 to 12 months and includes a formal petition and investigation, public hearings, and action and approval by
72-467: A 1,200-stall parking garage. The mall was developed by Pine Street Development, which included investment from local businessmen Jeff Brotman , John McCaw , and Howard Schultz , as well as saxophonist Kenny G . In a 1998 article by Mark Worth, the Seattle Weekly revealed that consultants linked to Pacific Place developer Jeff Rhodes had secured a $ 47 million low-interest loan to help build
90-648: A for-profit parking garage beneath the mall. The loan was obtained through the Washington State Housing Finance Commission, a government agency whose mission is to support low-income housing and other needy projects. The parking garage also served the Nordstrom flagship store across the street. On July 14, 2014, Pacific Place was sold for $ 271 million to Madison Marquette , a Washington, D.C. –based commercial real estate company. In September 2016, Madison Marquette completed
108-534: A skybridge that connects it to Seattle's Nordstrom flagship. During the Christmas season , there is an artificial snow display every night at 6 p.m. in the atrium. The site of Pacific Place is on a block bounded by Sixth Avenue, Seventh Avenue, Olive Way, and Pine Street. The corner of Seventh Avenue and Olive Way was the site of the Electric Building, a six-story brick building constructed in 1909 as
126-528: Is different from Wikidata All article disambiguation pages All disambiguation pages Pacific Place (Seattle) Pacific Place is an upscale shopping center in downtown Seattle , Washington, United States. Opened on October 29, 1998, it is located at 6th Avenue and Pine Street and has a total area of 335,000 square feet (31,100 m ). It has five floors, the uppermost of which features an 11-screen AMC Theatre (formerly General Cinema ) and various restaurants. Pacific Place also features
144-643: The Portland City Council . Right-of-way vacations in the state of Washington are governed by part of the Revised Code of Washington , allowing for local governments to set their own rules on the process. In Seattle , the state's largest city, permanent street vacations require the approval of the Seattle City Council or its transportation committee after the consideration of land use impacts and public benefits provided by
162-539: The Seattle area. In 2013, Mayor Mike McGinn 's recommendation to deny a street vacation for Whole Foods to build a store in West Seattle delayed the project until an approved vacation the following year. The threat of a rejection in 2013 of an alley vacation for the Hyatt Regency Seattle , at the behest of a local hotel workers union, forced the developer to scale back the project, also dropping
180-501: The garage immediately while intending to purchase the Electric Building by 1961; Frederick & Nelson then announced a new six-level parking garage for its flagship store across Sixth Avenue in April 1953, intending to incorporate the existing garage into the new structure. The garage, which required an alley vacation between Sixth Avenue and Seventh Avenue, broke ground in May 1954 and
198-616: The ground floor until 2020. This article about a United States shopping mall is a stub . You can help Misplaced Pages by expanding it . This article about a building or structure in the U.S. state of Washington is a stub . You can help Misplaced Pages by expanding it . Alley vacation In the Unorganized Borough of Alaska , vacation of public access easements require approval from the Alaska Department of Natural Resources . The city of Los Angeles requires
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#1732776719720216-584: The headquarters for the Seattle Electric Company . Opposite it on the corner of Sixth Avenue and Olive Way was the site of the Seattle terminal for the Pacific Northwest Traction Company 's Seattle-Everett interurban rail system; it was owned by Seattle Electric Company's successor, Puget Sound Power and Light , until it was sold in 1926 to a local investor. The site had become home to a parking lot and
234-516: The mall to Avison Young in January 2024. Pacific Place and its garage were sold to BH Properties in May 2024 for $ 88.25 million due to the mall's retail vacancies. As of 2024 , the four-story mall has 21 active businesses. Its major tenants include an AMC Theatres multiplex on its top floor, a food court, Din Tai Fung , and Haidilao . A Barnes & Noble bookstore formerly occupied
252-842: The purchase of the Pacific Place parking garage from the City of Seattle for $ 87 million. A redevelopment of the mall was announced in March 2017 to expand space for shops and remodel the common areas . After over two years of redevelopment, Pacific Placed reopened in June 2020 with 12 open tenants due to the effects of the COVID-19 pandemic on Downtown Seattle. Throughout 2021, small independent shops and art non-profits have utilized vacancy spaces for business and artistic activities. Madison Marquette announced that it would transfer management of
270-448: The requester. In 2016, Amazon.com was required by the city council to allow 24-hour public access and a " free speech zone " on part of its new downtown headquarters campus in exchange for an alley vacation; other benefits include paying $ 3.4 million in fair market value for the alley, a public hill-climb, and bicycle lanes . The threat of rejection of a street vacation for political reasons has also been used to halt projects in
288-423: The same term [REDACTED] This disambiguation page lists articles associated with the title Pacific Place . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Pacific_Place&oldid=1051386852 " Category : Disambiguation pages Hidden categories: Short description
306-616: Was completed by the following year. Meanwhile, Frederick & Nelson consummated its purchase of the Electric Building in December 1956, at which point Puget Power moved its offices to the then-new Puget Power Building in Bellevue . While the Electric Building served as a temporary library for Downtown Seattle from March 1957 to April 1960 during construction of the second iteration of the Seattle Central Library , it
324-466: Was essentially abandoned afterwards and remained disused until its demolition in October 1970. An upscale shopping mall on the block was proposed in 1993 as part of a series of downtown improvements along Pine Street led by the renovation of the Frederick & Nelson building into Nordstrom 's flagship store. Pacific Place took two years to construct and opened on October 29, 1998, with 40 stores and
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