Editing Vulcan Real Estate (section)

==History==

'''Vulcan Northwest''' was formed in [[Bellevue, Washington]] in 1986 to manage the business affairs, investments, and philanthropic affairs of [[Paul Allen]]. The company initially had a [[Pacific Northwest]] focus.<ref name=seattletimes1998313>{{cite news |url=https://archive.seattletimes.com/archive/19980313/2739413/paul-allen-to-move-headquarters-of-vulcan-northwest-downtown |title=Paul Allen To Move Headquarters Of Vulcan Northwest Downtown |author=Lee Moriwaki |date=13 March 1998 |work=[[Seattle Times]] |access-date=23 September 2016 |archive-url=https://web.archive.org/web/20160304084429/http://community.seattletimes.nwsource.com/archive/?date=19980313&slug=2739413 |archive-date=March 4, 2016 |url-status=live }}</ref>
The company's headquarters moved from Bellevue to [[Seattle]] in 1998. In 2001, they dropped "Northwest" from the company name to reflect growing global ventures.<ref name=seattletimes1998313/>

In 2010, the [[Green Sports Alliance]] was conceived and founded by Vulcan Inc. and the Natural Resources Defense Council. Inaugural members and partners included Vulcan ventures such as the [[Seattle Seahawks]], [[Portland Trail Blazers]], and [[Seattle Sounders FC]]. Green Sports Alliance Members made a variety of commitments to improve their environmental performance such as reducing waste, conserving energy and water, and eliminating toxic chemicals.<ref>{{cite news |url=https://www.triplepundit.com/story/2019/un-framework-rallies-global-sports-sector-behind-climate-action/83371 |title=This U.N. Framework Rallies the Global Sports Sector Behind Climate Action |work=TriplePundit  |date=3 May 2019 |access-date=17 September 2019 }}</ref><ref>{{cite web|url=http://greensportsalliance.org/about/|title=ABOUT -|work=greensportsalliance.org|access-date=November 12, 2014|archive-url=https://web.archive.org/web/20141112013115/http://greensportsalliance.org/about/|archive-date=November 12, 2014|url-status=live}}</ref>{{full citation needed|date=September 2019}}

Following Paul Allen's death in 2018, Vulcan co-executive Jody Allen—who also serves as the estate's [[executor]] and trustee—has taken the lead strategic role at Vulcan.  This has included instigating a process to assess the various Vulcan projects and enterprises based on either profit or philanthropic impact.  Vulcan had approximately 700 employees as of mid-2019, and in October 2019 was reducing some of those positions.<ref name=gw20191009>[https://www.geekwire.com/2019/paul-allens-vulcan-holding-company-cutting-jobs-sources-say/ https://www.geekwire.com/2019/paul-allens-vulcan-holding-company-cutting-jobs-sources-say/].</ref>

As of 2024, Vulcan LLC is now called Vale Group.<ref>{{Cite web |title=Vale Group {{!}} LinkedIn |url=https://www.linkedin.com/company/vale-group-llc |access-date=2024-01-30 |website=www.linkedin.com |language=en}}</ref>