Effectiveness of a new semiactive independently variable stiffness (SAIVS) device in reducing seismic response of sliding base isolated buildings is evaluated analytically and experimentally. Through analytical and experimental study of force—displacement behaviour of the SAIVS device, it is shown that the device can vary stiffness continuously and smoothly between minimum and maximum stiffness. Passive sliding base isolation systems reduce interstorey drifts and superstructure accelerations, but with increased base displacements, which is undesirable, under large velocity near fault pulse type earthquakes. It is a common practice to incorporate non-linear passive dampers into the isolation system to reduce bearing displacements. Incorporation of passive dampers, however, may result in increased superstructure accelerations and drifts; while, properly designed passive dampers can be beneficial. A viable alternative is to use semiactive variable stiffness systems, which can vary the period of the sliding base isolated buildings in real time, to simultaneously reduce bearing displacements and superstructure responses further than the passive systems, which deserves investigation. This study investigates the performance of a 1:5 scaled smart sliding base isolated building model equipped with the SAIVS device analytically and experimentally, under near fault earthquakes, by developing a new moving average non-linear tangential stiffness control algorithm for control of the SAIVS device. The SAIVS device reduces bearing displacements further than the passive cases, while maintaining isolation level forces and superstructure responses at the same level as the passive minimum stiffness case, indicating the significant potential of the SAIVS system. Copyright © 2005 John Wiley & Sons, Ltd.