Pier 54 is 2016 Retail Development of the Year

Date Posted: 11.09.2016

On November 4th, NAIOP Washington State Chapter announced winners of the annual Night of the Stars awards program honoring real estate projects and companies that are driving markets and shaping the region. Ivar’s Pier 54 Renovation was recognized as Retail Development of the Year.

The history of Pier 54 and Ivar’s Acres of Clams restaurant spans more than a century and mirrors Seattle’s evolving identity over that time. This complex renovation celebrates Ivar’s story, enhances an iconic Seattle tourist destination, enriches the historic waterfront experience, and supports the City of Seattle’s vision for reconnecting downtown with Elliott Bay.

The renovation of Pier 54, home to Ivar’s Acres of Clams and Fish Bar, was completed during a 273-day waterfront closure driven by the Elliot Seawall Replacement. The down-to-studs $30 million transformation added significantly more space to the restaurant, an expanded state-of-the art kitchen and completely refreshed interior. In addition, overhaul of the 55,000 sf structure included removal of 430 creosote-soaked wood piles and replacement with 189 steel piles and a new concrete apron, a refreshed Fish Bar, the return of the beloved Ye Olde Curiosity Shop, additional retail space and more than 20,000 sf of 21st century office space on the upper floor that aims to bring new tenants and year-round activity to the waterfront.

Mithun was architect of the core and shell renovation to Pier 54. CB Anderson Architects served as architect for interior renovations. Ivar’s owns the pier, and W.G. Clark Construction was general contractor.