A Bellevue-based developer and owner of commercial real estate, Wig Properties, recently filed documents with the City of Bellevue detailing their plans for the Red Lion and Hilton hotels. The total land area between the two properties is approximately 15.5 acres. According to City of Bellevue records, the project is […]
Real Estate
Lincoln South Food Hall in Bellevue Closes to Refresh Concept
Ascend Hospitality Group confirmed that ownership has been turned over to Kemper Development Company for Lincoln South Food Hall at Lincoln Square. The multi-faceted dining collection opened in 2018. We reached out to Jennifer Leavitt of Kemper Development Company, who explained, “The food hall is currently closed as we refresh […]
Starbucks to Open at New Office Building in Downtown Bellevue
According to City of Bellevue records, Starbucks is planning to open a new storefront in Downtown Bellevue. The address is 1001 106th Avenue Northeast. This is located across the street from Yuan Spa, near Washington Square. The coffee shop will be situated on the first level of office tower, 1001 […]
18-Story Office Tower Submitted to City of Bellevue to Replace Rite Aid Building
Seattle-based architecture firm, NBBJ, recently filed a land use application with the City of Bellevue for a nonresidential structure. It is located at 120 106th Avenue Northeast. The application filed is for the construction of a new 18-story office building with street level retail. A 4-level underground parking garage is […]
Walgreens Plans to Occupy Former Restaurant Space at Bellevue Towers
RSP Architects recently submitted a building application to the City of Bellevue for non-residential space. The address is 10608 Northeast 4th Street. The tenant who applied for this space is Walgreens. The square footage that they would be in is 6,494. It would be located at the base of Bellevue […]
Home of the Month: Timeless Elegance in Clyde Hill, $3.2M
This home has been designed for comfortable everyday living and gathering in an ideal Clyde Hill locale. The shingle-style residence boasts curb appeal on a great street around the corner from Queen Bee. The spacious island kitchen offers a casual eating area opening to the expansive deck with jacuzzi. The […]
Amazon and Sound Transit to Create 233 Affordable Apartments in Bellevue’s Spring District
Amazon announced in a press release that they are committing $42.5 million to create more than 300 new affordable homes. This will be near the new light rail stations in the Puget Sound region. Amazon and Sound Transit are partnering to build 318 affordable homes adjacent to public transit sites. […]
Bellevue Rent Drops to Third Highest in Washington, Increases by 2%
Rental platform, Zumper, recently published their findings for January 2022. When researching active listings across 12 metro cities, Bellevue ranked 3rd for most expensive rent. The report analyzes the most and least expensive cities and cities with the fastest growing rents. The Washington one-bedroom median rent was $1,470 in January. […]
2-Bedroom Home Hits Market for $1.925M at Over $1000 per Square Foot
A 2-bedroom, 1 bathroom home hit the market today with a square footage of 1,820 square feet. The home works out to be $1,058 per square foot. This is one of the most expensive single family homes on a per square foot basis for homes under $3M in Bellevue. Two […]
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 […]