The City Rises in Rock
A major real estate deal on Front Street signals the rapid expansion of Seattle's commercial core.
Messrs. Poncian and Otto Panke have about completed the negotiations for the purchase, from H. L. Yesler, of 100 feet of land on Front street, north of and adjoining the South Side (Yesler's lot), the price agreed upon being $100 per front foot for the entire tract. J. S. Co. are anxious to get the same property and are willing to pay the same price for it. A sale will be made to one or the other next week, which will secure the speedy erection of a rock building thereon. Our city is never undergoing a more healthy and satisfactory growth than at the present time. Fine large business blocks are being built along the busiest streets, and new residences are coming up all over the city. A hundred new structures, ranging from the very modest to the sunny mansion, are projected.
“Our city is never undergoing a more healthy and satisfactory growth than at the present time.”
Front Street, now First Avenue, remains the historic heart of the city, and the shift from wood to 'rock buildings' was the physical marker of Seattle transitioning from a logging outpost to a permanent city.
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