So it seems any dream of turning the old Federal Reserve Building at 2nd and Madison downtown into an elementary school is dead—at least for now. The district didn’t win a bid to buy the building, reports Jeff Reynolds, a real estate guru who writes for urbancondospaces.com.
Seattle Public Schools had considered remodeling the 90,000-square-foot tower into an elementary school, even though critics say three other elementary schools near downtown are under capacity.