Pacific Tower

Joe Mabel / Wikimedia

After a slow start, the state of Washington says it’s on track to fill the former headquarters of Amazon.com with tenants. But long-term costs remain a concern.

Austin Jenkins

The state of Washington is expected to sign a 30-year lease Tuesday for Seattle’s iconic Pacific Tower, or the so-called PacMed building, on Beacon Hill. The idea is to turn the former headquarters of Amazon.com into a hub for health care innovation and training. 

The plan is reminiscent of another big real estate decision the state made nearly 20 years ago—one that’s proven costly.

Wonderlane / Flickr

The state of Washington is about to make a major real estate decision on a Seattle landmark that supporters say will transform health care training for the next generation.

The proposed lease of Seattle’s Pacific Tower, or the PacMed building as it's sometimes called, has been called “a nightmare.”

Powerful interests, including Washington’s Speaker of the House, want to turn the former Amazon headquarters into a training center for future health care workers and a hub for nonprofit groups. But internal state agency documents raise serious questions about the terms and cost of the deal.

Wonderlane / Flickr

More than $270 million over 30 years. That’s how much it could cost the state of Washington to lease and operate the former headquarters of Amazon.com.

Earlier this year, state lawmakers voted to turn the building into a new training center for future health care workers. The preliminary cost estimate is contained in documents released as part of a public records request.