Metropolitan Tract (Seattle)
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The metropolitan tract is a term used to describe 11 acres (45,000 m²) of land in downtown Seattle owned by the University of Washington.
The tract includes the original site of the University of Washington campus. As presently developed, the Metropolitan Tract contains over 1,400,000 square feet (130,000 m²) of rentable office space, over 200,000 square feet (19,000 m²) of rentable commercial space, some 450 hotel rooms and access to over 2,000 parking spaces. The tract is managed and operated through two long-term leases: one with Legacy Hotels for The Fairmont Olympic Hotel and garage, and the other with UNICO Properties, Inc., for all the other buildings in the Tract.
In guiding the Metropolitan Tract policy through the years, the Board of Regents has adhered to one primary objective: to generate maximum long-term revenue through the best possible use of this endowment of land and the subsequent improvements in a manner that effectively serves the mutual needs of the University as well as the local community.
Buildings of note in the metropolitan tract include:
- Cobb Building - 1305 Fourth Avenue, Seattle 98101
- Fairmont Olympic Hotel - 411 University Street, Seattle 98101
- Financial Center - 1215 Fourth Avenue, Seattle 98161
- IBM Building - 1200 Fifth Avenue, Seattle 98101
- Puget Sound Plaza - 1325 Fourth Avenue, Seattle 98101
- Rainier Tower and Rainier Square - 1301 Fifth Avenue, Seattle 98101
- Skinner Building - 1326 Fifth Avenue, Seattle 98101
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