City records indicate the Kemper Development Company is proposing to build a third level of retail with 119,000 square feet and a new level of parking with 375 stalls. The report lists Sclater Partners Architects as the applicant contact. The environmental checklist for the project states that it would have […]
Real Estate
Mark Allen Salon to Move to Main Street
After 20 years at its current location Mark Allen Salon has announced that they will be moving to the retail space at One Main Street Condominiums. The salon is currently located at 10203 NE 1st. In addition to the move to the new location, Mark Allen Salon will add an […]
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 […]
Downtown Bellevue high-rise, Soma Towers breaks ground
The Seattle Times is reporting that the first Bellevue high-rise in four years has broken ground. Su Development, an Eastside and Seattle apartment developer, has begun work on a 21-story apartment tower in downtown Bellevue. This will be Bellevue’s first new, multistoried building construction since the real estate crash. The […]
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, […]
KidsQuest to Move into Former Bellevue Doll Museum in 2015
KidsQuest Children’s Museum plans to move from the Factoria Mall to the former doll museum building in downtown Bellevue in 2015. KidsQuest has agreed to purchase the former Rosalie Whyel Museum of Doll Art, located at 1116 108th Ave. NE, according their recent press release. The building is more than […]
Amazon Grill Closes in Less Than a Year
In just under a year Amazon Grill in Downtown Bellevue at 530 112th Ave NE has closed for business. A piece of paper on the restaurant door states “Restaurant closed until further notice.” The restaurant outside signage currently has a large “For Lease” banner covering up Amazon Grill sign. Amazon […]
Bellevue Post Office Consolidation May Leave Downtown Bellevue Without a Location
A letter from the United States Postal Service to the City of Bellevue states that both the Midlakes and Bellevue Main Post Offices may relocate to one location just north of Bel-Red Road, at 120th Ave NE. The relocation is part of a cost cutting measure for the U.S.P.S. that […]
Bellevue City Council Approves Funding for Low-income Apartments in Downtown Bellevue
The Bellevue City Council gave the green light to fund a 56-unit low-income apartment complex in Downtown Bellevue. The city’s contribution to the $15 million project will be $635,000. The funding comes from its Housing Fund for the Low Income Housing Institute’s Downtown Bellevue Apartments. The apartment building will be […]
Penthouse at One Lincoln Tower Sells For $2.3M – Over 50% Off
In September of 2011 the penthouse at One Lincoln Square as we reported (https://downtownbellevue.com/2011/09/19/one-lincoln-square-bank-owned-penthouse-for-sale-4-95m/ ) was first listed for $4.95M. On March 28th the sale was complete to an owner that paid $2.3M, 53% lower than the original asking price. The price paid was also lower than the last sale […]
