According to King County records, Hines and a subsidiary of funds that is managed by Oaktree Capital, a leading investment management firm, purchased Main Street Flats. This is the apartment complex at 10505 Main Street in Downtown Bellevue. The purchase was made for $232.5 million. The luxury apartments feature 425 […]
Wallace Properties, the commercial property management firm, recently applied for Design Review approval to the City of Bellevue for a multifamily residential building. The address is 11027 Northeast Fourth Street. In city records, the project is referred to as “111th Ave NE Apartments”. It is planned to have eight stories, […]
Bellevue, WA. (July 19, 2021) —Alliance Residential is constructing Holden of Bellevue, a premier senior living community that is the first of a three-phase project in downtown Bellevue. It will be followed by an independent living community in phase two and a multifamily project in phase three. The new community, […]
Plans for a condominium tower in Downtown Bellevue recently changed to an office building. The address is 305 108th Avenue Northeast, formerly home to Compass Real Estate. Capstone Partners Director, Dave Otis, submitted a predevelopment services application to the City of Bellevue for an 11 story office building. The building […]
This west-facing waterfront estate on Hunts Point welcomes you with a gated entry and brick exterior. The interior of the home opens seamlessly to the infinity pool, terrace, and lawn to the shores of Lake Washington. Boasting views of the Seattle skyline and Olympic Mountains, the space is designed for […]
According to a representative for the restaurant, STK Steakhouse will be opening on July 19. They are located at 610 Bellevue Way Northeast. STK is described as a modern steakhouse and chic lounge in one, that offers a traditional fine dining experience. Their menu features items like tuna tartare, Alaskan […]
The Zumper Metro Area Report analyzed active listings in June 2021 across 12 metro cities. The report showed which cities had the most and least expensive rent, and which had the fastest growing. The median rent for a one bedroom in Washington was $1,353 for the month of June. Bellevue […]
According to a representative for Wright Runstad & Company and Shorenstein Properties, Facebook has signed a pre-lease for its planned 330,000 square foot Block 5 project in the Spring District. This is the fourth building in the Spring District to be leased by Facebook. Block 5, located in the transit-oriented […]
According to City of Bellevue documents, Cloudvue, the largest proposed high-rise project in Bellevue, recently received approval of its Master Development Plan. The project site is located at 10855 Northeast 8th Street. The Master Development Plan that was applied for includes demolishing the existing building on 4.61 acres, and constructing […]
The Bellevue City Council met on June 28 and approved the Multifamily Tax Exemption program. According to the City of Bellevue, the provisions of this updated program will take effect during the week of July 12th. The Multifamily Property Tax Exemption is an affordable housing incentive for new apartment developments […]
