According to a building permit submitted, the space previously occupied by Munchbar and Mirror Ultra Lounge at Bellevue Square will be transformed into Tavern Hall. According to the permit the dining area will be remodeled and 90 square feet will be added from the existing breezeway. There are currently no […]
Commercial Real Estate
City of Bellevue Makes Final Offer to Acquire Property to Extend NE 4th St
The Bellevue City Council Monday night made its final offer to acquire property at NE 4th St. This acquisition would allow NE 4th St to connect from 116th St to 120th Ave NE, where destinations such as Home Depot and Best Buy are currently located. The Council offered $6.2M to […]
Target Requests Rezoning for New Store on 116th Ave NE
According to a City of Bellevue permit the Target Corporation has submitted an application to rezone property at 200 116th Ave NE (corner of 116th Ave NE and NE 4th St.) from General Commercial use to Community Business use. According to the documents the Target retail store is planned to […]
Lincoln Square Expansion Announces First Microsoft Hotel
Microsoft, which has historically been known for software and hardware technology projects has announced that it will open a branded hotel as part of the Lincoln Square expansion project at the corner of Bellevue Way and NE 4th St. The Microsoft Hotel will offer 250 technology enabled guest rooms. Each […]
Schnitzer West Applies With City for 16-Story Downtown Bellevue Office Tower
Schnitzer West has applied for a design review of their proposed, “Centre 425” 16-story office building at 415 106th Ave NE. The application includes a total of 307,432 square feet, most of which is planned for office space. The project calls for a 6,200 square foot Bank of America branch, […]
Downtown Bellevue Rockefeller Project Details Announced
The Rockefeller Group plans to complete construction on a 20-story tower with 510,000 square feet of office space in downtown Bellevue according to documents that were recently filed with the City of Bellevue. The Rockefeller Group describes the first phase of the project, Rockefeller Bellevue Tower: a 300-foot tall building, […]
Bellevue’s “Class A” Office Space Lowest Vacancy Rate in Country
According to Skyline Review report (as originally reported by PSBJ), Bellevue’s vacancy rate for Class A office space is the lowest in the country at 3.9%. The average vanacy rate throughout the country is just over 13%. Bellevue rents are about $41.50 per square foot, which is over 9% higher […]
The Spot Off Main Bar in Bellevue Closes to Prepare for Construction
The Spot Off Main Bar on Main Street in Bellevue has closed. The restaurant’s location will soon become a construction zone. The NW corner of Bellevue Way NE and Main Street will eventually play host to The Main Street Gateway project. The Spot Off Main opened in October of 2007, […]
Red Door Spa in Bellevue is Closing at The Bravern
According to Red Door Spa they will be closing their store at The Shops at The Bravern on March 22nd. If customers are holding gift certificates or gift cards they are encouraged to use them prior to the closure. Otherwise they are able to use it at the other Red […]
Old Safeway Building Demolished, Making Way For Bellevue Collection Expansion
The Old Safeway Building at Bellevue Way and NE 4th St has been demolished. Seeing the building in scraps, although anticipated is still a strange sight. This is on-schedule according to our report in December. The Bellevue Collection is making way for its expanded mix-use development with entertainment, office space, […]
