The future of Downtown Bellevue is about to be shaped by an adjacent residential development site in Bellevue’s 36-acre mixed-use, Spring District, at the intersection of SR-520 and I-405. Wright Runstad & Company and Shorenstein Properties have chosen Security Properties to initiate the development. Security Properties will purchase a 2.5-acre […]
Condos
Bellevue Towers Condos Reaches 90% Units Sold
Bellevue Towers Condominiums has reached a major milestone by hitting 90% of their units sold. All of the studios and one-bedroom units are now sold out. Only 2 bedroom units and penthouse homes are still available. Bellevue Towers has updated their marketing campaign outside of the building to reflect the […]
Report Indicates Two 14-Story Residential Towers to be Built at Bellevue Square
Credit: Flickr chispita_666 According to a report by The Seattle Daily Journal of Commerce Kemper Development, developer and operator of Bellevue Square, Bellevue Place and Lincoln Square, has a plan to build two 14-story residential towers and nearly 250,000 square feet of retail on the southeast corner of Bellevue Square. […]
City of Bellevue Leaders Say Cranes May Be Returning to Downtown Bellevue
The “crane index” was an informal way of characterizing the pace of development and the economic health of Downtown Bellevue during the boom years. The index consisted of the number of tower cranes at construction sites throughout the city. At the peak of development in 2007, there were 21 cranes. […]
Breaking Down The Seattle Times Downtown Bellevue Building Boom Article
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 […]
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, […]
