We interviewed Jason Foss of the NWG Team I COMPASS to learn of Downtown Bellevue’s most recent trends in the real estate market. Jason comes with 15 years of experience and is a recognized expert in urban properties. What do you think is driving sales and pricing of downtown Bellevue […]
Real Estate
Key Details for $500M+ Transit-Oriented Development in Bellevue Approved
According to the City of Bellevue, the Sound Transit Board of Directors recently approved key transaction terms with developers to build an almost seven acres of transit-oriented development across from the Spring District. This will be adjacent to the Operations and Maintenance Facility: East, which was recently completed. BRIDGE Housing […]
Home of the Month: Renovated Mid-Century on Clyde Hill, $5.2M
This fully renovated Mid-Century home boasts sweeping views of the lake, Seattle skyline, golf course, and Olympic Mountains. It sits on a sunny corner lot on Clyde Hill. The light-filled home features open spaces with walls of windows. It has been updated with new paint, kitchen with top-of-the-line everything, luxe […]
Vacant Commercial Space Decreases in Bellevue Business District As Move-Ins Take Place through 2022
As we know, the pandemic slowed near-term plans for employees to move back into offices. Although it is unknown when employees will return to physical offices in large numbers, rental rates have reportedly increased, and the Eastside is predicted to return to pre-pandemic vacancy by early 2022, according to Colliers, […]
4-Building Office Project Planned for Site of Sheraton Bellevue Hotel
Real estate investor. Tishman Speyer, has submitted plans to the City of Bellevue for a four-building project in Bellevue, “112th & Main”. The company is planning the project where the Sheraton Bellevue Hotel is located (although not open). The address is 100 112th Avenue Northeast. The project is nearly 1 […]
19-Story Office Tower Proposed on 106th Ave NE at Site of Rite Aid in Bellevue
Pre-development plans were recently submitted to the city of Bellevue by Schnitzer West, a private real estate company, for an office tower on 106th Avenue Northeast. The address is 120 106th Avenue Northeast, where Rite Aid is currently located. The office tower is planned to be 19 stories. There will […]
7-Story Residential Project Proposed at Silver Cloud Inn Site in Downtown Bellevue
A Land Use Application was recently filed with the City of Bellevue by SRM Development regarding the previous site of Silver Cloud Inn. The property is located at 10621 Northeast 12th Street, across the street from a neighborhood park. The proposal is to construct 239 multifamily residential units and 220 […]
New Restaurant, Dwn Undr, Offers Food and Fun for All Ages in Bellevue
Dwn Undr restaurant and bar has officially opened at Hotel 116. Open to all ages, the eatery offers food, drinks, as well as indoor and outdoor games. The menu features appetizers, small plates, salads, burgers, sandwiches, and entrees like fish and chips, and a roasted turkey plate with mashed potatoes, […]
Home of the Month: A Rare Opportunity on Meydenbauer Bay, 0.69 Acres, $9.288M
For the first time on the market in over 60 years, this street-to-water property offers many options. Some ideas include a new luxury compound with multiple structures, two new waterfront homes side by side, or two new homes with one at the water’s edge. Bring your vision to Shoreland Drive […]
20-Story High Rise Condo Building Now Under Construction in Downtown Bellevue
A new high-rise condo building is under-construction as of this week in downtown Bellevue. “MARI”, located at 10232 Northeast 10th Street, is planned to be 20 stories high. The building broke ground on October 13. Located near retail and residential neighborhoods, the high-rise will feature 138 condominiums, with studio, one-, […]