Seattle's Historic Smith Tower Under New Ownership
GT Capital Acquires Iconic Landmark and Butler Garage
Seattle Families Join Investment Group to Preserve Architectural Gem
After 110 years of standing tall as a symbol of Seattle's rich history, the Smith Tower has a new owner. GT Capital, a Seattle-based investment firm, has acquired the iconic 42-story tower and the neighboring Butler Garage, marking a significant moment in the city's architectural landscape.
Originally envisioned by industrialist L.C. Smith, the Smith Tower was completed in 1914 and became Seattle's first skyscraper. Its ornate facade, copper roof, and stunning views have made it a beloved landmark for generations.
In a recent press release, GT Capital announced the acquisition without disclosing the purchase price. However, the investment group includes prominent Seattle families who are deeply committed to preserving the tower's architectural integrity and historical significance.
The acquisition of the Smith Tower is not only a business transaction but also a testament to the enduring legacy of Seattle's past and the city's ongoing dedication to architectural landmarks that embody its unique character.
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