0.-Smith-Pier-48-fm-Smith-ca-40-web August 12, 2012 1200 × 744 0.-Smith-Pier-48-fm-Smith-ca-40-web A circa 1940 look down from the Smith Tower to much of the same section of the waterfront south of Yesler Way. Most dramataically we see how piers 49 and 47 have shrunk while Pier 48 has more than doubled.