38
CUSHMAN & WAKEFIELD
Pike Place Market
A
nother great example of the “Classic
American Food Hall,” the Pike Place
Market hardly needs an introduction.
Anyone who has watched a program on
any of television’s food networks has seen
this food hall countless times (the fish
tossing fishmongers are iconic). Pike Place
Market dates back to 1907. It also is the site
of the very first Starbucks coffee shop.
Today, Pike Place Market is home to more
than 100 vendors—street food stalls, white
linen tablecloth restaurants and purveyors
offering everything from fish to fresh-
squeezed apple juice to Native American
arts and crafts. The Market underwent a
major renovation in 2012 and currently is
in the midst of a $65 million renovation and
expansion project that began in 2015. While
the market is roughly 70,000 sf, the current
expansion project (which should be
complete by December 2016) should add
another 15,000 sf of retail space as well as
more than 30,000 sf of additional public
space, including a plaza and viewing deck.
With more than 10 million visitors annually,
the additional public space was sorely
needed. Of all of the food hall projects in
our survey, this Pike Place Market boasts
the strongest tourism numbers by far.
Visitors on Saturday afternoons will
discover why.