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 […]
Apartments
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 […]
7-Story Mixed-Use Residential Project Slated to Begin Construction in 2023
New plans and renderings have emerged for the new apartment building that is planned for Bellevue Way Southeast, 12 Bellevue Way, according to City of Bellevue’s Weekly Bulletin for 7-21-22. The project is currently waiting for design review approval. Located at 12 Bellevue Way Southeast, the proposed project is a […]
8-Story Apartment Building on NE 10th Street Seeks Design Review Approval
MRM Bellevue, LLC is seeking Design Review and Threshold Determination from the City of Bellevue for approval to demolish an existing single-story building and associated surface parking. The site is located at 10350 Northeast 10th Street. MRM, owner of the site, is partnering with Guntower Capital, to develop an eight-story […]
Mixed-Use Residential Project Planned for Bellevue North Plaza, Site of Panera and BevMo!
Commercial real estate company, Wallace Properties, is planning a new project at what is currently Bellevue North Plaza. The site is located at 1100 Bellevue Way Northeast with restaurants like Panera and Dominos Pizza, as well as stores like UPS and J. Lewis Jewelers. The company recently submitted a pre-application […]
13 Major Projects in Downtown Bellevue Currently Under Construction
As you drive through Downtown Bellevue, you may notice all of the construction that is going on around the city. There are currently 13 projects under construction, according to the City of Bellevue. We highlighted each new development below. Bellevue 600 Phase 2 In April 2021, Amazon submitted designs for […]
Local Developers Partner to Build Affordable Housing Near Future Light Rail in Bellevue
Local developer, SRM, and local non-profit housing developer, DASH, recently announced a partnership to develop a 4.55-acre Bellevue site near the future light rail stop. The address is 991 118th Avenue Southeast. There will be more than 235 new, affordable housing units, serving households earning between 50 – 100% area […]