Kemper Development Looks To Acquire Fourth Corner
At the intersection of Northeast Eighth Street and Bellevue Way, there is one one corner that Kemper Development, owner of the Bellevue Collection, does not own. The Bellevue Collection is a multi-block, mixed-use development that includes the 1.3-million-square-foot Bellevue Square shopping mall. According to the Seattle Business Journal, the company is in talks to acquire an acre on the northwest corner of the intersection. The owner of the parcel is Kaylen Investment, a company owned by the Neumann family.

According to the publication, a spokesperson for Kemper Development acknowledged the talks but declined further comment.

The quarter-block property is currently occupied by a 40,000 sq. ft. retail building and 52 parking spaces.

Current tenants include Cost Plus, a Sleep Country USA mattress store, D’Original jewelers, and HSBC Bank.

If Kemper Devlopment were to aquire this property, what would you like to see developed there?

16 Comments

  1. I’d really like to see a Cost Plus there

  2. A place for the Bellevue Farmers Market, so that they don’t have to keep changing locations every year for their Saturday market. Make it part of the legacy of downtown Bellevue. Bellevue continues to add to all the stores they already have. They need to have a place where pedestrians can congregate, enjoy some good food, some entertainment and purchase quality fruit, vegetables and meat for their own home and be right across from Bel. Sq. The place could be used for other venues as well… jazz concert, classical music concert, arts and crafts, classical car display, ecumenical Easter service, poetry reading (I think people might come to that, though not me) chili cook-offs or salmon bake cook-offs, flower and garden shows and so on. But build something that is more than just a brick and mortar add on to what we already have to deal with in downtown Bellevue. Something that incorporates people, the small guy, the ordinary being extraordinary. Think outside the box here Kemper and make at least part of this, for and a part of, the fiber that makes up Bellevue… its citizens.

  3. A Chihuly museum

  4. Your list of stores are in correct… International jewelers went our of business over 3 years ago. D’Original jewelers is located there and has been there going on 25 years.

  5. 13 coins and Shiros Sushi

  6. Whatever is built, please don’t name it “Bellevue” something. My only ask.

  7. I don’t think we’ll see anything get built there for at least 5 years if Kemper buys it. He’s already got Lincoln Square II and the SE corner of the mall to focus on until then. I think it’s safe to assume it’ll be some sort of mixed use complex with a large retail component.

  8. Marvell Morgan and Farrell’s!

  9. Just build something so that we don’t have that scarring surface parking lot at such an important corner. Desperately needs a streetwall.

  10. Leave it like it is!

  11. I’ll be surprised if an REI doesn’t end up there. Uniqlo and Zara should be possiblities, but I bet they end up in the new Lincoln Square or somewhere.

    Also, I’d love to see a good sports bar and some real “character” bars/pubs downtown. And please, no more of the Earls/Palomino/Joey places. Seriously, if anyone can tell me the difference from one of those to another, I’d love to hear it. Talk about “formulaic” with no character! Motto: “Everyone wears black. Fireplaces. Overpriced food and drinks!” Bleh…

  12. My question to Kemper is how does he plan to handle the increased traffic. With more towers, hotels, etc., traffic is going to be a joke. People will start to avoid Bellevue Square. This will create a problem for all parties… including residents.

  13. In-N-Out Burger

  14. I think it would be important to develop that site with some new green LEED certified tower and since Kemper Development does not seem to embrace the North West style of environmental thinking and they are of the car and freeway generation, they could draw on maybe showing some new change… Maybe a green roof and wind power. Outdoor eating space and areas for the annual art festivals that happen on the current site.

  15. @Natalie – yup, nobody’ll go there anymore, it’ll be too crowded.

    lol

  16. Dairy Queen.