...William Rankin Ballard (1847-1929), a prominent Seattle business leader who in 1883 also founded the new town of Ballard, (now a neighborhood of Seattle proper), commissioned the building for the newly formed Seattle National Bank. Ballard and the Seattle National Bank investors wanted the building to be the finest business block in Seattle. The building shows the influence of Richardsonian Romanesque architecture. An April 30, 1890 Seattle Post-Intelligencer article wrote: “The exterior of the building will be Romanesque in style and nothing but pressed brick, stone and terra cotta will be used. The corner will be rounded and the whole building will present as fine an appearance as any other building in the Northwest.” The Seattle National Bank/ Interurban Building is indeed one of the finest examples of buildings erected in the “burnt district” after the Fire of 1889.
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The corner entrance with the carved lion’s head was the bank entrance, while the main entrance to the building (and to the upper floors) was, and still is, on the Yesler Way elevation.
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The Seattle National Bank Building also housed the offices of the city’s first interurban railway started in 1889, hence the building’s current name. The railway line took passengers as far as the then independent town of Georgetown. The line went bankrupt and was taken over in 1902 by the Puget Sound Electric Railway, which took passengers as far as Tacoma. Historically, the building has had other names. By the mid-1960s, it was considered and known as the Smith Tower Annex. The building suffered some damage during the 2001 Nisqually Earthquake, but has been restored, so that its exterior reflects its historic architectural glory.