Benaroya Hall Site Acquisition
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Seattle, WA
- Acquisition of full downtown Seattle superblock site
- Enabled development of Benaroya Hall concert venue
86K SF
1995
Challenge
Securing a full city block in downtown Seattle required coordinating simultaneous negotiations with multiple property owners. The site needed to support a complex civic program, including performance venues and below-grade parking. Evaluating development feasibility, phasing, and co-development potential added layers of analysis. Aligning acquisition strategy with long-term public and cultural goals shaped the overall approach.
Solution
We led site acquisition and advisory efforts, managing negotiations from initial evaluation through closing. Our team conducted due diligence and feasibility analysis to inform development potential and phasing strategy. Coordination across stakeholders ensured alignment between the City, Seattle Symphony, and project partners. We guided the transaction, end-to-end, to secure the site under favorable terms for our client, the City of Seattle.
Outcome & Impact
The successful acquisition enabled the development of Benaroya Hall, now a cornerstone of Seattle’s cultural landscape. Assembly of the full superblock created a viable path for a major civic venue in a constrained urban setting. Strategic advisory and negotiation efforts positioned the project for long-term success – delivery of a world-class performance destination.
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Kinzer Real Estate Services
Real Estate Advisors
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