Iconic Smith Tower may become condos

The Seattle Times reports:

Ninety-three years after Pioneer Square's Smith Tower was built as an elegant business address, its new owner hopes to turn the 38-story landmark into residential condominiums.

Chicago-based Walton Street Capital filed papers with the city Wednesday to begin what could be a months-long process of getting approval to redo the tower as housing.

It seems that living in old buildings is more charming — and practical — than working in them.

It seems the future of corporate America isn't in a high rise.