Seattle, WA
KPMG Expands Seattle Office At Rainier Square Tower – The Registry
Global accounting giant KPMG is set to expand its presence in downtown Seattle by adding a third floor to its current offices in the Rainier Square tower. The firm’s decision to secure an additional 21,044 square feet of space is a strategic response to high occupancy levels on its existing floors, highlighting KPMG’s continued growth in its Seattle operations.
KPMG, which currently occupies the 27th and 28th floors of the iconic 58-story office and residential tower located at 401 Union St., will now have a total space of 57,163 square feet within the building, according to a report in the Puget Sound Business Journal. The expansion, expected to be completed in late summer, is a step forward for the firm in its pursuit of enhancing collaboration and innovation in its Seattle operations.
Amy Banovich, KPMG’s Seattle office managing partner, stated in the report, “This expansion is a reflection of our continued growth and success in the region. With this new space, we will be able to accommodate more professionals and enhance our ability to collaborate and innovate.”
The 20th-floor expansion will feature a variety of amenities, including workstations, collaborative workspaces, private offices, a wellness room, and a mother’s room, ensuring that the needs of KPMG’s diverse workforce are met as they continue to serve their clients in the Pacific Northwest.
KPMG’s decision to expand in Rainier Square follows its initial move to the location in May 2022 when the firm was reducing its office footprint after relocating from 1918 Eighth in the Denny Triangle. This new addition will provide KPMG with even more space than its previous location, reflecting the firm’s need to balance real estate cost management with accommodating its growing workforce.
Rainier Square holds an appeal for the firm, which sees it as a prime location in Seattle’s central business district and a contributing factor to the firm’s choice of office space. Notably, KPMG’s expansion comes at a time when the Seattle office vacancy rate has seen a notable increase, reaching 25.6 percent during the fourth quarter of 2023, as per Colliers’ fourth-quarter Seattle office market report.
Rainier Square is a significant mixed-use development property in downtown Seattle, featuring a distinctive 58-story tower and spanning 1.17 million square feet. Developed through a joint venture partnership between Wright Runstad & Company and an institutional investor advised by J.P. Morgan Asset Management, it includes 722,000 square feet of office space, 200 luxury apartments, and nearly 80,000 square feet of retail space, along with a luxury hotel phase. The tower is Seattle’s second-tallest building, and in 2017, it secured Amazon as an office space tenant. Following the global COVID-19 pandemic, the global technology giant decided to sublease its space in the tower, which has been occupied by numerous tenants since.
KPMG operates globally, with a presence in 143 countries and over 270,000 employees worldwide. In addition to its core tax and audit services, the firm offers technology, analytics, and strategy services to meet the evolving needs of its clients. KPMG’s U.S. headquarters is located in New York City.
Olympians Hilary Knight, Kendall Coyne Schofield and Erin Ambrose have all been placed on long-term injured reserve by their PWHL clubs after sustaining injuries during the Milan Cortina Games.
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Knight, a five-time Olympian and captain of the United States team that won gold, will be out of the lineup for the Seattle Torrent indefinitely after sustaining a lower-body injury in Italy, the team announced Friday.
Knight had three goals and three assists for the U.S. at Milan Cortina including a goal in the 2-1 overtime win over Canada in the final. She has three goals and seven assists during the current PWHL season.
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“While we’re eager to be at full strength and recognize the anticipation of Hilary’s return, we’re focused on putting her and our team in the best position for a playoff push,” Torrent general manager Meghan Turner said in a statement.
Minnesota Frost captain Coyne Schofield was placed on long-term injured reserve on Friday retroactive to Feb. 19 with an upper-body injury. Coyne Schofield scored three goals for the United States during the Olympics.
“I am incredibly proud of all our Frost Olympians who demonstrated true excellence on the world stage,” general manager Melissa Caruso said in a statement. “We are fully committed to supporting Kendall throughout her recovery, and our medical team will be working diligently to help her prepare for her return to the ice.”
The moves by the Torrent and Frost came a day after the Montreal Victoire announced that Ambrose has been placed on long-term injured reserve retroactive to Feb. 19 for a lower‑body injury suffered while representing Canada in the gold medal game. Ambrose had a pair of assists at the Olympics.
The Victoire’s Marie-Philip Poulin, Canada’s captain in Italy, was listed as day-to-day with an Olympics-related injury.
Victoire general manager Daniele Sauvageau said of the team’s Olympians “we are confident that they will be back in the lineup in the near future.”
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SEATTLE — Firefighters are responding to a car that drove into a ditch near Lake Washington Boulevard East and East Foster Island Road on Friday, according to the Seattle Fire Department.
Crews arriving at the scene reported that three people are trapped inside the car.
Firefighters were working to stabilize the car and get everyone out safely. Crews worked to remove the roof of the car to get everyone out, according to fire officials.
Authorities are urging the public to avoid the area while emergency crews respond.
The crash occurred in the area between the Montlake and Broadmoor neighborhoods, and traffic can be expected as emergency crews respond.
No additional information was immediately available.
ST. LOUIS (AP) — Dylan Holloway had a hat trick and added an assist in his return from a sprained ankle, Joel Hofer made 23 saves and the St. Louis Blues came off the Olympic break to beat the Seattle Kraken 5-1 on Thursday night.
St. Louis Blues 5, Seattle Kraken 1: Box score
Jordan Kyrou and Holloway — activated from injured reserve before the game — scored in a 23-second span early in the second period to give St. Louis a 3-1 lead.
Pius Suter added a goal and two assists to help the Blues end a three-game losing streak.
Holloway completed St. Louis’ first hat trick of the season with 3:01 left, scoring into an empty net for his 11th of the season.
Kaapo Kakko tied it at 1 for Seattle in the first period, and Philipp Grubauer stopped 26 shots. The Kraken were coming off a 4-1 loss in Dallas on Wednesday night.
Kyrou made it 2-1 at 1:12 of the second off a feed from Pavel Buchnevich on a break. Holloway poked the puck past Grubauer off a scramble at 1:35. Suter scored at 1:56 of the third.
St. Louis’ Cam Fowler appeared in his 1,100th game, becoming the 10th active defenseman in the NHL to reach the mark.
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