Key Bank Tower | |
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![]() Key Bank Tower from California Avenue in downtown Everett | |
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Former names | Everett Mutual Tower |
Record height | |
Tallest in Everett, Washington and Snohomish County, Washington since 1994[I] | |
Preceded by | Wall Street Building |
General information | |
Type | Commercial offices |
Location | 2707 Colby Avenue Everett, Washington United States |
Coordinates | 47°58′53″N 122°12′29″W / 47.9815136°N 122.2081158°W |
Construction started | June 2, 1993 |
Topped-out | July 8, 1994 |
Completed | 1994 |
Opened | 1994 |
Owner | Skotdal Real Estate |
Height | |
Architectural | 203 feet (62 m) |
Roof | 160 feet (49 m) |
Technical details | |
Floor count | 11 (2 below ground) |
Floor area | 145,000 square feet (13,500 m2) |
Lifts/elevators | 4 |
Design and construction | |
Architect(s) | NBBJ |
Developer | Colby Square Partners |
Main contractor | SDL Corporation |
References | |
[1][2][3] |
Key Bank Tower (also known as the Everett Mutual Tower) is a 203-foot (62 m) tall high-rise office building in downtown Everett, Washington. It has been the tallest building in Everett (measured to the architectural tip) since its completion in 1994.[1] The building originally served as the headquarters of the Everett Mutual Bank until it was acquired by KeyBank in 1998.[4] The tower is currently occupied by Farmers Insurance, First American Insurance, KeyBank, Merrill Lynch, and Skotdal Real Estate offices as well as multiple retail outlets.[3]
Key Bank Tower is located at 2707 Colby Avenue, adjacent to the Everett Performing Arts Center. The top floor is home to the studios of radio stations KRKO and KKXA.[5]
The site was originally occupied by a Pay 'n Save store.[6] Sears occupied the site from 1929 until 1969, when it moved into the Everett Mall.[7][8] Pay 'n Save, which had shared the building with Sears, took over the vacant space and remodeled the building shortly after the latter's departure.[9]
Key Bank Tower was originally part of the "Colby Square" development, a project intended to revitalize downtown Everett, which had declined since the construction of the Wall Street Building in 1979 as the city's growth suburbanized to the south.[10][11] Announced on May 1, 1991, the project was developed by Colby Square Partners, a partnership between JDH Limited of Bellevue and Duryee Group of Everett, and designed by Seattle-based architecture firm NBBJ with funding from the AFL–CIO trust;[11][12] it was later scrapped except for the building itself.[13]
With SDL Corporation of Bellevue as the general contractor, construction started on June 2, 1993, with the demolition of the Pay 'n Save store in a groundbreaking ceremony.[6][14] The building was topped off on July 8, 1994, with tenants moving in that November.[12] The building underwent foreclosure in 1995 by the AFL–CIO trust after SDL sought payment for cost overruns due to the accelerated development schedule; it was subsequently purchased by Skotdal Real Estate in 1997.[14][15]