On Sunday our partner, The Seattle Times put together a report for how Downtown Bellevue is well positioned for another building boom. The article made several references to planned construction in 2013. Below are the highlights of the expected development in Downtown Bellevue. Downtown Bellevue Construction Pipeline Highlights 5 Residential […]
Condos
Bellevue Towers Reaches 80 Percent Sold
As of this week, Bellevue Towers is 80 percent sold. Bellevue Towers has sold 178 homes this year, bringing in more than $285 million in revenue and pushing the project to 80 percent sold, according to a press statement. The condominiums are priced from $469,000 to more than $2 million. […]
Kemper Development Moves Forward with Lincoln Square Expansion
Plans to expand Lincoln Square in downtown Bellevue are moving forward, according to reports from the PSBJ. Kemper Development Co. has applied for a building permit for the site at 410 Bellevue Way NE, south of the Bellevue Arts Museum, near the intersection of Northeast Fourth Street. The planned $850 […]
Two Condos Remain at One Main Street
One Main Street condominiums are almost all sold out. Two one-bedroom homes remain, units 503 & 602. Both homes are 808 sq ft and are listed for $389,900 & $399,900. Both homes have a master bathroom as well as a powder room for guests. Click here to see a floor […]
Multifamily Midrise Suggested Across Street from The Bravern
The property directly across the street from The Bravern, on NE 8th St., has a sign advertising it’s for sale. The group representing the property, R.M. Watson Co., has proposed a 239-unit multi-family condo or apartment building. The signs also suggest that construction could start as early as summer if […]
Bellevue Towers Reaches 300 Closed Sales
Bellevue Towers closed its 300th home this week, which puts the downtown condominium property within reach of receiving final Fannie Mae approval for the entire project. Achieving final Fannie Mae approval will lead to increased financing options for potential buyers, such as lower down payments and more flexible qualification criteria, […]
Penthouse at One Lincoln Tower Sells For $2.3M – Over 50% Off
In September of 2011 the penthouse at One Lincoln Square as we reported (https://downtownbellevue.com/2011/09/19/one-lincoln-square-bank-owned-penthouse-for-sale-4-95m/ ) was first listed for $4.95M. On March 28th the sale was complete to an owner that paid $2.3M, 53% lower than the original asking price. The price paid was also lower than the last sale […]
Condominium Sales Looking Up in Downtown Bellevue
We think downtown Bellevue is a great place to live, and we’re glad to see that condominium sales are up in our area this year. One Main Street Condominiums sold 2 more of its 57 homes last week. The remaining 10 homes, a variety of 1-bedroom condos, range from 662 […]
$4.5 M Lincoln Tower 37th Floor Condo For Sale
A 37th floor condominium at Lincoln Tower in Downtown Bellevue has just been listed for $4.5 M. The 2-bedroom, 3,007 square-foot unit has gorgeous views of the Seattle skyline, Olympics, and Mount Rainier. According to the real estate listing, the original owner purchased the unit as a shell and has […]
Bellevue Towers Top in Market for 2011 Condo Sales
Bellevue Towers was the region’s best selling condominium project in 2011 with 144 homes closed and sold since January 1, 2011. Sales for the year was $88,940,000, which was double the volume of the closest comparable project in the market. Last year homes at Bellevue Towers averaged about $433 per […]
