To: JB who wrote (15149 ) 12/19/1999 4:23:00 PM From: KLP Respond to of 28311
GNET was also in the news today.... and Congrats to everyone at Amazon.com.....the Man of the Year story should increase the visibility even more of the impact of the Net companies.... KLPseattletimes.com Sunday, December 19, 1999, 05:49 p.m. Pacific High-rise high-tech by Polly Lane Seattle Times aerospace reporter Is downtown Seattle becoming a high-technology mecca? It's not as far-fetched as it might seem. Greg Smith, partner in a Seattle realty firm, sees the central business district evolving into a large center for high-tech companies. Their operations already are sprinkled in between retailers and the more traditional law firms and financial businesses. And there's more to come, he believes. Separate units of a single company may be spread over downtown because of limited available space; but with today's sophisticated communications systems, they can keep in touch. "The demand here already is exploding, and most people don't realize what is happening," Smith said. Consider some of the high-tech or Internet operations that already have located downtown: RealNetworks, Visio (being purchased by Microsoft), the rapidly expanding Amazon.com, Go2Net , ShopNow.com, FreeShop.com, Cobalt Group, Primus Knowledge Solutions and F5 Networks, plus several newcomers. Microsoft co-founder Paul Allen's new building ventures at Union Station also are likely spaces for high-techcompanies. His investment company, Vulcan Northwest, will have headquarters there. Go2Net will move to 80,000 square feet of newly renovated space at Triad Development's Pier 70 in the spring. The company, a Web-site operator, barely even considered moving to the suburbs when it began looking for more space to replace crowded offices in the Wells Fargo Tower at Third Avenue and Madison Street. "Our employees (now numbering 300) want to be near downtown," said Mark Peterson, spokesman for Go2Net. He said young workers, many of whom live downtown, like the sports and cultural scene and want to work nearby. The location also has appeal to potential employees turned off by the suburbs, a plus in today's tough job market, Peterson said.