In September 2020, we reported that a new office tower was set to begin construction in October 2022, located alongside Interstate 405 on 112th Avenue Northeast. The building is owned by Seattle-based Investment management firm, Columbia Pacific Advisors. The project was under design review at the time.
According to the City of Bellevue, the project has received Design Review approval. The project will be a 16-story commercial office tower with ground level active uses, over six levels of below grade parking, with 543 parking stalls. Office space in the building will total about 315,000 square feet.
Additional project improvements will include outdoor plaza space on 112th Avenue Northeast and Northeast 2nd Street, enhanced streetscape on Northeast 2nd Street, and a multi-modal path on 114th Avenue Northeast. There will also be new landscaping and lighting throughout the site.
The address of the project site is 200 112th Avenue Northeast. The office tower could open as early as 2025.
The 112th Avenue corridor is undergoing a large transformation and will be for some time. There are four projects in the works, aside from this development, and excluding the Downtown Bellevue Tunnel for the East Link light rail.
The four projects include Legacy Companies of Bellevue’s two high-rise office towers, massive office, retail, and multifamily project, Holden of Bellevue, a senior assisted living facility, and Wallace Properties has proposed to redevelop their Bellevue headquarters with two 16-story office buildings, featuring retail, parking and active use spaces.