Crescent Capital Partners, a private equity firm based in Sydney, recently submitted a Master Development Plan application to the City of Bellevue. The development, Crest Holdings, is a residential mixed-use project, to be constructed in two phases. The site address is 929 109th Avenue Northeast. According to the application, the […]
Apartments
Bellevue Rent Increases, Surpasses Kirkland
Bellevue has reclaimed the spot of highest rent in the Greater Seattle Metro area, after falling to second place in October 2023, trailing behind Kirkland. Zumper, the real estate platform, analyzed active listings in November, across metro cities to show the most and least expensive cities, and cities with the […]
Bellevue Ranks Second for Highest Rental Costs in Recent Report
While Bellevue has consistently ranked in first place for Zumper’s rental reports for the Greater Seattle Metro area, it recently fell to second place. The real estate platform analyzed active listings in the month of September across metro cities to show the most and least expensive cities, and cities with […]
Proposed Residential Building to Begin Construction October 2023
Plaza 200 (Filament West), located at 206 – 224 105th Avenue Northeast in Downtown Bellevue, is ready for construction, which is slated to begin October 2023, according to public records. The site that previously occupied this space before demolition, was a one-story building that most recently had been used by […]
Bellevue Rent for One Bedroom Drops 2%, Remains Most Expensive in WA
The Zumper Seattle Metro Area Report analyzed active listings in the month of July across metro cities to show the most and least expensive cities and cities with the fastest-growing rents. Bellevue ranked as the city with the most expensive rent in Washington with a one-bedroom unit costing $2,400. The […]
Mixed-Use Project on NE 8th St Receives Design Review Approval
Keppel-KBS previously submitted a Design Review application to the City of Bellevue, seeking approval of their mixed-use development. The property is located at 10850 Northeast 8th Street. Plans for the Bellevue Plaza Apartments include the construction of two, five story structures, made up of 244,095 gross square feet additions over […]
Bellevue Rent Drops 2.9% for 1 Bdrm, Remains Most Expensive City
Zumper, a marketplace for renters, landlords, and multifamily properties, recently published their Seattle Metro Report. This covers the most and least expensive rents and fastest growing rents in the Seattle metro area for February 2023. The median rent for a Washington one-bedroom apartment was $1,535 last month. Bellevue ranked as […]
SRM Development Purchases Bellevue Site for $14M, Plans for 8-Story Apt Building
Alco Investment Company of Federal Way recently sold their property at 1051 108th Avenue Northeast. The buyer was SRM Development, according to public records. The development company paid over $14 million for the site. The location, which is known for its skinny shape, is 0.92 acres. It currently has multiple […]
Bellevue Rent Ranks as Most Expensive, Drops 2.9% for One Bedroom
Zumper recently published their latest Seattle Metro Report, which covers cities with the most and least expensive rents, as well as the fastest growing rents. The Washington one bedroom median rent was $1,544. Bellevue ranked as the most expensive city to rent in the metro area for the month of […]
Bellevue Mixed-Use Residential Project Closer to Construction
The two apartment buildings that were proposed atop a parking garage in Downtown Bellevue seem closer to construction. The location is 10850 Northeast 8th Street. The project, “Bellevue 108th Street Mixed-Use Project”, recently had new submissions to the City of Bellevue. These included a document to clarify sprinkler design, Phase […]