GeekWire has the scoop on big news for both the local tech-business market and the local real-estate market.
HTC, the giant Taiwanese smartphone maker, is looking to boost its presence in the Seattle area and has pinpointed the Pioneer Square neighborhood for a major expansion, GeekWire has learned.
The company, which has maintained its North American headquarters in Bellevue for a number of years and operates a small branch office in Pioneer Square, is eyeing several large tracts of office space in the historic Seattle neighborhood just north of CenturyLink Field.
HTC confirmed the fact that it's looking for new office space in the area--potentially 20,000 square feet of office space.
Pioneer Square could certainly use the tenants. The iconic area had been in a steep decline over the past few years with companies like Elliott Bay Book Company moving out, as well as the NBBJ architecture firm--though tech startups are suddenly being drawn there.
And as former Weekly staffer Laura Onstot reported last year, the remaining businesses in Pioneer Square are kept on such a short leash in terms of preserving old-world characteristics that it's difficult to even turn a buck.
If HTC moves in, it will join Isilon Systems and Zynga in turning the neighborhood into what would start to look like a mini-Redmond.