David Denny - Business Success

Business Success

In the early 1880s, Denny was one of Seattle's wealthiest citizens, his fortune estimated at US$3 million. His interests went well beyond his original land claim and Lake Union: he farmed in the Duwamish River valley and platted Seattle neighborhoods, including the Ravenna Park area. In 1890, he moved his family from an already large home at Dexter and Republican Streets to a mansion at the foot of Queen Anne Hill, and the next year he founded the Rainier Power and Railway Company, providing the first streetcar service from Downtown to the University District. The streetcar line ran from 3rd Avenue and Yesler Way in today's Pioneer Square neighborhood downtown to NE 55 Street and 22nd Avenue NE (northeast of the University), and included the purpose-built Latona Bridge, dedicated July 1, 1891, replaced in 1919 by the present day University Bridge.

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