Credit: Flickr chispita_666
According to a report by The Seattle Daily Journal of Commerce Kemper Development, developer and operator of Bellevue Square, Bellevue Place and Lincoln Square, has a plan to build two 14-story residential towers and nearly 250,000 square feet of retail on the southeast corner of Bellevue Square.
According to the report, Kemper Development has begun a conversation with city of Bellevue administrators regarding the plan. The publication reported that City Urban Design Planning Manager Liz Stead disclosed to the Journal, that Kemper officials had a meeting with the city last month to discuss the project.
The planned residential buildings would be constructed over a three-story elevated platform and would house 168 units per building. It says in addition to the commercial space, there would be a 55,000-square-foot “common area” and 1,820 subterranean parking spaces.
This development would introduce the first housing to be offered at Bellevue Square.
Recently, we published that Kemper Development purchased the subject property from the retiring owner of the Oriental Rug Company.
Kemper Development is simultaneously planning an $850 million expansion of The Bellevue Collection at what has traditionally been referenced to as Lincoln Square 2, a mixed-use complex. The design calls for a 120-room hotel, a residential high-rise with 200 units, 545,000 square feet of office space and 392,000 square feet of retail space.
