If you find yourself standing at 1st and Pike, cobblestone street beneath your feet and facing the iconic ‘Public Market Center’ sign, just to the right you’ll see another, more unassuming sign: ‘Meet the Producer.’ Most people don’t give this second sign a thought (even though it’s in the same number of selfies as the first sign) but it’s this second sign, and what it represents, that gives Pike Place its magic.
Pike Place opened in 1907, making it one of the oldest continuously operated public farmers’ markets in the US. It’s also ranked as Seattle’s most popular tourist destination and ranked 33rd in the world. The market is filled with the typical things: flowers, crafts, fruits, veggies and seafood (albeit it’s flying); what makes Pike Place special isn’t just what’s being sold, but who is selling it.
In 2006 Hotel 1000 and Madison Tower was the first project in Seattle to combine a luxury hotel with condominiums. The Kirkland based residential builder Murray Franklyn was the builder and original owner. The architect was Weber Thompson and the original interior design by Dawson Design Associates aimed for a Pan-Asian Northwest vibe.
Only 10 years old, the tower has changed ownership hands a few times and each time it seems to break the state record for dollars paid per hotel room. NY Giants co-owner Jonathan Tisch is the chairman of Loews Hotels & Resorts, the company that made the most recent purchase in 2016.
In 2017, Loews Hotels & Resorts plans to engage in a multi-million dollar renovation of the hotel and restaurant spaces. They will also launch a name change to Loews Regency Seattle at the same time.