Seattle real estate developer Martin Selig plans to renovate the building at 1015 Second Ave in Seattle, which his Martin Selig Real Estate acquired for $16M from the Federal Reserve. It was formerly a bank branch for the Fed, but it moved operations to Renton in 2008. Martin adds his company will gut the interior to turn the building into office space, the Puget Sound Business Journal reports. As yet, there's no final timetable for the conversion or an estimate of how much it will cost. [PSBJ]
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