First phase of Home Plate Center completed
American Life has completed the first phase of its six-story Home Plate Center office project kitty-corner from Safeco Field on First Avenue South.
Seattle Times business reporter
American Life, Sodo's largest private landowner, has completed the first phase of its Home Plate Center office project kitty-corner from Safeco Field on First Avenue South.
The six-story, 142,000-square-foot building has no signed tenants yet. Greg Steinhauer, American Life's chief operating officer, said the developer elected to hold off on marketing until the building was finished, in part because it is outside what's traditionally considered downtown.
Home Plate Center's second phase, a 190,000-square-foot building, is scheduled for completion late next year.
The project, like other American Life real-estate ventures, was financed by foreign investors through a federal program that provides green cards in return for job-creating investment in certain neighborhoods.
Without that program, Steinhauer said, Home Plate Center wouldn't have been built.