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 […]
Apartments
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 […]
Bellevue Rent Drops to Second Highest in Washington
Online rental platform, Zumper, recently published a report that ranked Bellevue as the number two most expensive city in the Seattle Metro area. Bellevue has consistently ranked as the first most expensive city since July 2021, recently dropping to the second spot in December. The price of a one-bedroom unit […]
7-Story Apartment Project Receives Design Review Approval Near Future Light Rail in Bellevue
A newly proposed residential development by BIG 1, LLC, recently received design review approval from the City of Bellevue. The address is 13000 Northeast Bel-Red Road. It is located near the future East Link light rail. The apartment project, named “Big 1” is planned to be 7-stories with approximately 173 […]
Plans for 102-Unit Apartment Building Proposed in Bellevue on 10th Ave NE
A new mixed-use residential project has been submitted to the City of Bellevue for Design Review approval. The project, “Bell 10”, would be located at the site of 10350 Northeast 10th Street, on the corner of Bellevue Way and Northeast 10th Street. The project is planned to be 7 floors […]
Wallace Properties Plans 8-Story Apartment Building with Affordable Housing
Wallace Properties, the commercial property management firm, recently applied for Design Review approval to the City of Bellevue for a multifamily residential building. The address is 11027 Northeast Fourth Street. In city records, the project is referred to as “111th Ave NE Apartments”. It is planned to have eight stories, […]
Plans for Mixed-Use Project Totaling 1.4M Square Feet Announced at Previous Bellevue Toys ‘R Us Location
Hines, Benenson Capital Partners, and USAA Real Estate Partner recently announced that they were planning a new mixed-use project in Downtown Bellevue. Plans for “Main Street Place” were confirmed in a release from June 2021. The 6.75 acre, mixed-use development will consist of approximately 1.2 million square feet of new […]
Two 5-Story Apartment Buildings Proposed at Site of US Bank in Downtown Bellevue
A new multifamily residential development has been proposed in Downtown Bellevue. The site is currently US Bank Plaza, Plaza Center, and their parking garage. The name of the project is Bellevue Plaza Apartments. The address is 10850 Northeast 8th Street. According to the City of Bellevue, Bellevue Plaza Apartments will […]
180-Unit Apartment Complex Proposed in Downtown Bellevue at Current Site of Taco Time
Bellevue Investors IV LLC, which is a part of Vulcan Real Estate, recently applied to the City of Bellevue for design review approval of a 180-unit apartment building. The proposed structure is located in Downtown Bellevue, at 201 106th Avenue Northeast and Northeast 2nd Street. The proposed new construction of […]