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Old Federal Reserve Building May Hit The Auction Block

Photo: Joe Mabel

The six-story, 86K square-foot building in downtown Seattle that was once a Federal Reserve Bank literally can't give itself away. Offered up for free by the U.S. Department of Education, no applicants have qualified to take over the building as of yet. Some have been pushing hard for Seattle Public Schools to take over the building and turn it into a new elementary school, but if no application is filed by July 3, it will be sold through an online auction open to anyone. The Seattle Times alludes that NBBJ, which built the 65-year-old structure, might make a good fit to own it.
· Old Fed branch could go to auction instead of downtown school [Seattle Times]
· Seattle's Old Federal Reserve Building Is Free, Who Wants It? [Curbed Seattle]