Last spring we wrote about a planned development for 401 E. Pike and how the economic downturn had transformed plans for a mixed-use building on the site. Now, a mixed-use developer’s loss is Northwest School’s gain. The school today announced it is acquiring the land to build a new gym and offices. Details below. We’re told the final sale price was $2.3 million.
THE NORTHWEST SCHOOL ANNOUNCES ACQUISITION OF PIKE STREET PROPERTY (CAPITOL HILL)
Property Addition To Include School Gymnasium
(Seattle, WA – May 26, 2010) The Northwest School announces the acquisition of 401 E. Pike Street, bordered by Crawford Street and Bellevue Avenue. Currently a parking lot, this site will be used to expand the school’s facilities to enhance its programs and offerings to the student body and the surrounding community. Initial plans include the addition of a gymnasium and office space.
In March of 2010, The Northwest School was approached about the acquisition of 401 E. Pike Street. After the school’s Board of Trustees examined the property with appropriate due diligence, the sale of this property was finalized, May 25, 2010. As plans move forward, The Northwest School is committed to working with the city, neighboring community leaders, and local architects on further developing this land. “The possibilities are exciting,” said Ellen Taussig, co-founder and Head of School, “and we hope that this addition to our school will become an asset not only for our students but for the entire community.”
Since its inception, the school has benefitted from the use of wonderful athletic facilities around Seattle, but has long desired a gymnasium close to its academic buildings to advance the school’s athletic and physical education curriculums.
The Northwest School, one of the leading college preparatory schools in the Pacific Northwest, offers a strong athletic program, including varsity sports participation in basketball, cross country, soccer, track and field, volleyball, and Ultimate Frisbee. Currently, the school is home to one of the top high school female distance runners in the nation, a state and national record-holder in such events as the 800m, 3200m, and the indoor mile. Additionally, the school’s girls’ varsity Ultimate Frisbee team placed first in the USA Western Conference Championships, and the boys’ varsity Ultimate Frisbee team was recently crowned Washington State Champions. Northwest’s soccer and basketball teams also competed well this fall in league playoffs.
For more information about this property acquisition or The Northwest School, please contact Nicole Brown, Marketing & Communications Manager at email@example.com or (206) 816-6206.
The Northwest School is an independent, co-educational, day and boarding, college preparatory school, serving 465 students in grades 6-12. Founded in 1980 and located in the historic Summit School building on Summit Avenue, The Northwest School is celebrating 30 years of excellence in education, with focus on college preparatory academics, environmental studies, and a multi-disciplinary curriculum of humanities, arts and sciences. For more information, visit www.northwestschool.org.