Within our investment portfolio, we own and manage several venues in Seattle, Portland and London, including major event centers and facilities like CenturyLink Field and the Moda Center which host sporting events, conventions, concerts and conferences all year long. But it wouldn’t be the Vulcan way if we didn’t have a few creative venues on the list too. We also operate Seattle Cinerama, a state-of-the-art theater house in the heart of downtown, and the Hospital Club in London, a social hub for professionals.
Why own venues, you might ask? Providing community members a place to connect and have a great time is something we think is worth investing in.
The home of the Seattle Seahawks and Seattle Sounders FC is located south of downtown Seattle, adjacent to the historic Pioneer Square neighborhood. The open-air facility offers sweeping views of Puget Sound, the Olympic Mountains, the downtown Seattle skyline and Mount Rainier. Its impressive tower, vertical scoreboard, large-format video screen and state-of-the-art broadcasting technology make CenturyLink Field a world-class sports facility, and the leading sports venue in the Pacific Northwest. CenturyLink Field is known for its loud and enthusiastic crowds, and on sporting nights in Seattle, it is not unusual to hear the roar of fans throughout nearby neighborhoods.
CenturyLink Field is operated by First and Goal Inc., an organization founded by Paul Allen to create the ultimate fan experience at the multi-purpose stadium. First and Goal has developed CenturyLink Field into a standard-bearer for sustainability amongst sporting venues, employing Washington State’s largest solar array, compost and recycling programs and energy-saving measures to make the field one of the “greenest” in the world.
The entire stadium complex is comprised of CenturyLink Field, CenturyLink Field Event Center and the WaMu Theater. Located at the south end of the stadium, the 200,000-square-foot CenturyLink Field Event Center contains a state-of-the-art portable music theater than can host acts like Paul Simon one night and a major consumer show 24 hours later.
Vulcan formed a public-private partnership to build the Moda Center in Portland, Oregon, which opened as the Rose Garden in 1995. The $267 million, 20,000-seat arena is home court to the Portland Trail Blazers, the Rose City’s beloved basketball team.
It is also a flexible, multi-purpose facility that hosts other professional, college and high school basketball events, professional hockey, arena football, indoor track, field competitions, gymnastics, major concerts, monster truck rallies, rodeos, circuses, ice shows, conventions and trade shows.
The Hospital Club
The Hospital Club is a unique private members club in the heart of Covent Garden, London, for members of the creative industries. The seven storey building has an award-winning TV and Music Studio , a Gallery, Restaurant and Bars, a Screening Room, Hotel Rooms, and the Oak Room, a live performance space.
Opened in 2004, The Hospital Club was founded by Paul Allen and musician Dave Stewart to support the creative industries by providing an inspiring environment that actively encourages its members to create, connect and collaborate. Members include designers, writers, creative entrepreneurs, performers, producers, musicians and film makers.