According to a press release, Amazon recently announced that they are donating $1.4 million to the City of Bellevue, which is inclusive of $1 million for the city’s Human Services Fund, $289,000 for neighborhood enhancement projects, and $150,000 for parks improvements. Amazon donated $500,000 to the Bellevue Human Services Fund […]
Business
New Plans Submitted for Phase II of Amazon’s Bellevue 600, 27-Story Office Tower
New details have emerged regarding Amazon’s development site, Bellevue 600. The property was previously referred to as Bellevue Corporate Plaza. It is located at 600 108th Avenue Northeast. Amazon recently submitted plans for Phase II, according to the City of Bellevue. The plans feature a new office tower, retail spaces, […]
Facebook Purchases REI’s Bellevue Spring District Headquarters for $390M
REI Co-op announced that it has completed the sale of its Spring District property, for a purchase price of $390 million. The 400,000 square foot campus and 6 acres of land was purchased by Facebook. The sale represents a positive return on the co-op’s investment in the property. It enables […]
Amazon Leases Additional Two Million Square Feet of Office Space in Downtown Bellevue
Vulcan, Inc. just announced that they have begun the development of two new office projects in the Bellevue Central Business District where Amazon has leased both towers. The site is located at 555 108th Avenue Northeast, adjacent to the Bellevue Transit Center. The 555 Tower is a 42-story high rise […]
REI to Sell Bellevue Spring District Campus
According to a press release, REI is planning to sell their new Bellevue headquarters and instead, move into multiple sites across the Seattle area. The Bellevue campus has almost neared completion on construction. REI submitted designs for review of their new campus that was planned for the Spring District in […]
Microsoft Permanently Closes All Retail Locations Including Bellevue Square
Microsoft announced late last week that they would be closing all of their retail locations. They have shifted their focus to their online retail store, mainly due to the need to adapt during COVID-19. Since having to close in late March, Microsoft has seen significant growth in their digital storefronts. […]
Specialty’s Cafe & Bakery to Close in Bellevue and Nationwide
Specialty’s Cafe & Bakery is closing all their locations after being in business for 33 years. According to the Specialty’s website, the pandemic has “decimated company revenues.” The company’s last day in business will be Tuesday, May 19th. Specialty’s Cafe, located in City Center Plaza at 500 108th Ave NE, […]
Eastside Program Offers Resources and Assistance to Small Businesses During Pandemic
Supporting Bellevue, Kirkland, Issaquah, Redmond, and Renton, (re)STARTUP425 is making a collaborative effort to connect Eastside small business owners, nonprofit leaders and sole proprietors with available business resources during the COVID-19 pandemic. According to the City of Bellevue, (re)STARTUP425, an initiative of five communities on the Eastside to support creativity, […]
Amazon Reportedly Leases Space at WeWork in Bellevue
Amazon currently has over 3.0 million square feet of leased space in Downtown Bellevue. According to Puget Sound Business Journal, Amazon has also leased space at Bellevue WeWork in the Summit II building on Northeast 4th Street. Newmark Knight Frank, a real estate services company, reported that Amazon occupies floors […]
City of Bellevue Responds to COVID-19 with Support for Businesses and Non-Profit Organizations
The City of Bellevue recently announced that it is increasing its contract with five human service agencies by $90,000 each. This change is intended to provide emergency financial assistance to the community during the COVID-19 health pandemic. The $450,000 is going to Catholic Community Services, Hopelink, LifeWire, Salvation Army and […]