Plus Investment USA’s CEO described plans this week for a large mixed-use development that includes two condominium towers in downtown Bellevue, according to the PSBJ. The half-block development will be located at 752 108th Ave. NE, where the Bellevue First Congregational Church is located. Plus Investment USA is part of […]
Condos
SOLD: $6M Penthouse Condo at One Main Street
The penthouse condo at One Main Street that we wrote about in October was officially sold on November 5th for $6M. According to Redfin the listing agent received two offers on the unit. No word on who acquired the property. With the purchase the property owner will acquire a4,358 square […]
$6M Penthouse Condo at One Main St Goes Pending
A luxury penthouse at One Main Street in Bellevue is pending as a sale for a record setting price of $6M. The property went under contract in just eight days after listing. Only three downtown Bellevue condominiums have exceeded the $4M level in the last ten years, according to a […]
2014 King County Residential Valuations For Downtown Bellevue & Beaux Arts Increase by 22.6%
According to a release on Tuesday, the King County Assessor’s office mailed the residential property owners in Beaux Arts and Downtown Bellevue their individual property values. The property values based on the release state that the property values “generally increased” by 22.6%. The King County Assessor’s Office does an evaluation […]
$2.49M Penthouse Condo For Sale at Washington Square in Downtown Bellevue
The most expensive condo for sale right now in downtown Bellevue is located at Washington Square and is listed for $2.49M. The 24th story penthouse is well equipped with 2 bedrooms, 2.5 bathrooms, 2,771 square feet, and 4 parking stalls. According to the listing the condo has been customized with […]
Downtown Bellevue Church to Become Two 43-Story Residential Towers
Two 43-story residential towers are being proposed at the corner of NE 8th St and 108th Ave NE in downtown Bellevue where First Congregational Church currently occupies. According to multiple reports the early stages of the project include the exploration of incorporating a hotel, luxury apartments and “sky-high” condominiums. The […]
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, […]
Downtown Bellevue Church Property Sells for $30 Million
First Congregational Church’s property in downtown Bellevue was acquired by Plus Investment USA on Monday for $30 million. The 1.6-acre property is located at 752 108th Ave NE. The property is zoned for a high-rise development, and according to the previous property owner the land could fit a 500,000 square […]
Bellevue Collection Prepares For Mixed-Use Expansion
If you’ve driven by Bellevue Way, you’ve likely seen fences up around the old Safeway and surrounding buildings. Scan Design recently closed their location, all which is in preparation for the Bellevue Collection mixed-use expansion. As noted earlier in May of this year the Bellevue Collection expansion will be a […]
Bellevue Towers Condos 100% Sold Out
Seven years after the first pre-sale, Bellevue Towers has now sold and closed all 539 homes within the two condo towers. Bellevue Towers began their pre-sale in October of 2006, and had residents move-in as early as the beginning of 2009. According to MLS records the last home to sell was […]
