Former Amazon Building Lease Could Cost Washington $270M Over 30 Years
It could cost the state of Washington more than $250 million over 30 years.to lease and operate the former headquarters of Amazon.com.
Earlier this year, state lawmakers voted to turn the building into a new training center for future health care workers. The preliminary cost estimate is contained in documents released as part of a public records request.
Pacific Tower is that 14-story brownish-red former hospital that you can’t miss if you’re stuck on I-5 south of downtown Seattle. It’s now empty.
The state of Washington has signed a letter of intent to lease it for a community college health care training program to fulfill demand created by Obamacare. Internal documents peg the total cost of that lease — including utilities and maintenance — at more than $270 million over 30 years.
Senate Majority Leader Rodney Tom, a Democrat aligned with Republicans, doesn’t believe the costs is a good deal for taxpayers.