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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.