The Hanover Company based out of Houston, TX has just purchased the current Downtown Bellevue Cadillac dealership property for $39,300,000. The dated looking Cadillac dealership at 1001 106th Ave NE is over 2.5 acres, and is planned for two high-rise apartment buildings.
This is the Hanover Company’s third property and construction project on NE 10th St. The two buildings will be 18-20 stories tall.
The Cadillac dealership will occupy the space for five months longer, then construction is projected to begin at the end of 2008. Cadillac is expected to move to the previous Dodge dealership location on 116th.
