OpenAI Leases Additional Office Space in Downtown Bellevue, CoStar Reports

City Center Plaza
City Center Plaza, Photo Credit: CBRE

OpenAI is expanding its footprint in downtown Bellevue by leasing additional office space, according to a February 3 report from commercial real estate data firm CoStar.

The artificial intelligence company first opened offices in Bellevue in 2024 near Microsoft, its longtime partner. The collaboration began in 2019 with a $1 billion investment from Microsoft, followed by an additional $10 billion announced later, giving Microsoft a 49 percent ownership stake in OpenAI. The two companies have since worked together to integrate OpenAI technology into a range of Microsoft products.

In 2025, OpenAI expanded again by leasing two floors at City Center Plaza in downtown Bellevue at 555 110th Avenue Northeast. The space had previously been occupied by Microsoft, which vacated the building in 2024 when its lease expired, leaving more than 500,000 square feet available.

OpenAI’s Bellevue offices now total approximately 272,000 square feet. An industry source cited by CoStar said the space could accommodate more than 1,800 employees, though not all areas will be used for office workstations. Permit filings from last year show plans for amenities, including a cafeteria and a game room.

Much of the space OpenAI has taken over in Bellevue was formerly leased by Microsoft. In recent years, Microsoft has vacated more than 2 million square feet of office space in the city as it consolidated employees at its Redmond campus.

Hot this week

Bellevue’s Wish List…

Downtown Bellevue has had an influx of new stores...

4.22-Acre Mixed-Use Development Approved in Downtown Bellevue

A major mixed-use residential development in downtown Bellevue has...

Bellevue Tip Leads to Conviction in Multi-State Sex Trafficking Case

A federal sex trafficking case that began with a...

Blazing Bagels Closes All Locations, Including Bellevue

Blazing Bagels has closed all of its locations, including...

Adrian’s Restaurant & Tequila Bar in Old Bellevue Closes Abruptly

Adrian’s Restaurant & Tequila Bar has closed abruptly, according...
Home Comfort Alliance 300 x 250 - March 2026

Rewind Head Spa to Open Second Location in Bellevue Oct. 21

Rewind Head Spa will celebrate the grand opening of...

Home Comfort Alliance Releases 2026 Guide to Seattle Emergency Furnace Repair Costs

Home Comfort Alliance analysis highlights the cost difference between...

Demolition Underway for 239-Unit Brizo Apartments in Downtown Bellevue

Demolition is underway at the Bellevue Vista Apartments on 108th Avenue...

Laser Hair Removal & Skin Care Studio Sev Skin to Open in Downtown Bellevue

Sev Skin, a national aesthetic care brand, is opening...

Arrest Made in Overnight Break-In and Fire at Downtown Bellevue Office

A 40-year-old man accused of spending a night inside...

Bicyclist Killed in Early Morning Crash on Bellevue Way SE Near I-90

A bicyclist died Thursday morning after a collision with a vehicle at Bellevue Way SE and SE 30th Street near I-90. The driver remained at the scene and impairment is not suspected, police say.

Where to Dine in Bellevue During Seattle Restaurant Week, Oct. 18–31.

Seattle Restaurant Week returns for fall 2026 from Oct. 18...

Related Articles

Popular Categories

Home Comfort Alliance - Banner 728 x 90 for HVAC