Zumper released their Seattle Metro Area Report, analyzing active listings in April 2021 across 12 metro cities. They collected information to show the most and least expensive cities and cities with the fastest growing rent. The Washington median rent for a one bedroom was $1,312. Bellevue was ranked as the […]
Real Estate
New Details Surface for Proposed 4.6 Acre Development in Bellevue
The largest proposed high-rise project in Bellevue, Cloudvue, recently applied for Land Use Code Variance approval. This refers to adding square footage to one level of the hotel and residential building, tower 2. It was originally proposed to be above 80 feet, and is now proposed to be 14,560 square […]
Living Well at Aegis Living Bellevue Overlake
Over the past few weeks, residents have been eagerly moving into their apartments and meeting new neighbors at the brand-new Aegis Living Bellevue Overlake. Drawing inspiration from the natural beauty of the Pacific Northwest, the unique assisted living and memory care community was designed to bring the outdoors in to […]
180-Unit Apartment Complex Proposed in Downtown Bellevue at Current Site of Taco Time
Bellevue Investors IV LLC, which is a part of Vulcan Real Estate, recently applied to the City of Bellevue for design review approval of a 180-unit apartment building. The proposed structure is located in Downtown Bellevue, at 201 106th Avenue Northeast and Northeast 2nd Street. The proposed new construction of […]
Mixed-Use Project, Avenue Bellevue, Closes Largest Construction Loan in Bellevue History for $700M
Avenue Bellevue, LLC, in partnership with Fortress Development, recently announced that they secured financing for its flagship project, Avenue Bellevue. The two-tower luxury condo, hotel and retail project, is currently under construction. The $700 million transaction with Silverstein Capital Partners is the largest construction loan in Bellevue history. It is […]
2021 Q2 Downtown Bellevue Condo Real Estate Report
The spring market for condos in downtown Bellevue has been very strong. We saw a 500% increase in pending sales (new contracts signed) in March compared with last year; 48 pending sales versus just 8 at the same time in 2020. Inventory of available condos based on pending sales is […]
Washington Square 8-Story Hotel Project Submitted for Design Review
A design review approval has been submitted to the City of Bellevue for a hotel located on 106th Avenue Northeast. The project name is Washington Square Extended Stay Hotel, located at the Northwest corner of 106th Avenue Northeast and Northeast 9th Place. The 8-story hotel will feature 225 guest rooms, […]
Home of the Month: Sophisticated New Northwest Minimalist in West Bellevue, $4.5M
Team Foster Builder + Developer Services presents presents Bylington Development’s newest release in coveted West Bellevue. This Northwest minimalist home boasts handpicked finishes, thoughtful design, and true craftsmanship. Walls of windows, openness, and extensive covered patio spaces blend the natural and built environments to create a Zen space. There are […]
Amazon Submits Phase 2 Designs for 31-Story Building at Bellevue 600
Amazon recently submitted designs for Phase 2 of their mixed-use project, Bellevue 600. The second phase of the project will include 31-stories of mixed-use office space, meeting rooms, and informal gathering areas so that their growing teams in Bellevue can continue to innovate on behalf of their customers. According to […]
New Development ‘The Bellevue’ to Add 1.8M Square Feet of Mixed-Use Space at The Bellevue Collection
Kemper Development Company recently submitted plans to the City of Bellevue for a mixed-use development at The Bellevue Collection. The project named “The Bellevue”, is planned to be 1.8 million square feet. The development includes 234 luxury residential units, a hotel with 157 rooms, 265,795 square feet of retail space, […]