kids encyclopedia robot

Madison Centre facts for kids

Kids Encyclopedia Facts
Quick facts for kids
Madison Centre
Madison Centre.jpg
Madison Centre in October 2017
Former names M5 Commerce Centre, 505 Madison
General information
Type Office
Location 920 5th Avenue, Seattle, Washington 98104
Coordinates 47°36′23″N 122°19′53″W / 47.606468°N 122.331282°W / 47.606468; -122.331282
Construction started 2014
Opened October 2017
Cost $157 million
Height
Roof 530 ft (160 m)
Top floor 37
Technical details
Floor count 37
Floor area 746,000 sq ft (69,300 m2)
Lifts/elevators 22
Design and construction
Architect NBBJ
Developer Schnitzer West
Structural engineer DCI Engineers
Main contractor Sellen Construction
Other information
Parking 480 spaces

The Madison Centre is a very tall building, also known as a skyscraper, located in Downtown Seattle, Washington. It used to be called M5 Commerce Centre and 505 Madison. This impressive building stands 530-foot-tall (160 m) and has 37 floors.

It was finished in October 2017. All 37 floors are used for office space, covering a huge area of 746,000 square feet (69,300 m2). The Madison Centre is currently the eleventh-tallest building in Seattle. You can find it where 5th Avenue and Madison Street meet. It's right next to the Seattle Central Library and the William Kenzo Nakamura United States Courthouse.

Building History: From Idea to Skyscraper

The story of Madison Centre began in 2007. A company called Schnitzer West bought the land where the building now stands. They hoped to start building a skyscraper very soon, maybe even in 2008.

Facing Economic Challenges

However, a big economic problem happened around that time. It was called the Great Recession. This meant that money was tight, and many building projects faced delays or even stopped. The plans for 505 Madison were also put on hold. To start building, the developers needed companies to agree to rent office space before construction began. This didn't happen by 2009.

Construction Begins

In 2012, the project got a fresh start. The developers began getting the necessary permits to build. In September 2014, the old buildings on the site were taken down to make way for the new skyscraper.

Partnership and Completion

In February 2016, another company, Cornerstone Real Estate Advisers (now Barings), joined with Schnitzer West. They worked together to develop Madison Centre. The building reached its highest point, called "topping out," in October 2016. Finally, in October 2017, the Madison Centre was ready for people to move in and start working.

Cool Companies at Madison Centre

The Madison Centre is home to some interesting businesses.

Amazon Go Store

On the ground floor, facing Marion Street, there's an Amazon Go store. This special convenience store opened on August 27, 2018. What makes it unique is that you don't need a cashier! You just pick up what you want, and the store automatically charges your Amazon account.

Hulu's Seattle Office

In April 2019, Hulu signed a big agreement to rent a large space in the building. Hulu is a popular company that lets you stream TV shows and movies online. They now have 67,400 square feet (6,260 m2) of office space inside Madison Centre.

kids search engine
Madison Centre Facts for Kids. Kiddle Encyclopedia.