Microsoft, which has historically been known for software and hardware technology projects has announced that it will open a branded hotel as part of the Lincoln Square expansion project at the corner of Bellevue Way and NE 4th St. The Microsoft Hotel will offer 250 technology enabled guest rooms. Each […]
Real Estate
Schnitzer West Applies With City for 16-Story Downtown Bellevue Office Tower
Schnitzer West has applied for a design review of their proposed, “Centre 425” 16-story office building at 415 106th Ave NE. The application includes a total of 307,432 square feet, most of which is planned for office space. The project calls for a 6,200 square foot Bank of America branch, […]
Downtown Bellevue Rockefeller Project Details Announced
The Rockefeller Group plans to complete construction on a 20-story tower with 510,000 square feet of office space in downtown Bellevue according to documents that were recently filed with the City of Bellevue. The Rockefeller Group describes the first phase of the project, Rockefeller Bellevue Tower: a 300-foot tall building, […]
Bellevue’s “Class A” Office Space Lowest Vacancy Rate in Country
According to Skyline Review report (as originally reported by PSBJ), Bellevue’s vacancy rate for Class A office space is the lowest in the country at 3.9%. The average vanacy rate throughout the country is just over 13%. Bellevue rents are about $41.50 per square foot, which is over 9% higher […]
The Spot Off Main Bar in Bellevue Closes to Prepare for Construction
The Spot Off Main Bar on Main Street in Bellevue has closed. The restaurant’s location will soon become a construction zone. The NW corner of Bellevue Way NE and Main Street will eventually play host to The Main Street Gateway project. The Spot Off Main opened in October of 2007, […]
Red Door Spa in Bellevue is Closing at The Bravern
According to Red Door Spa they will be closing their store at The Shops at The Bravern on March 22nd. If customers are holding gift certificates or gift cards they are encouraged to use them prior to the closure. Otherwise they are able to use it at the other Red […]
Park Metro Apartments in Downtown Bellevue Now Open
The 78-unit Park Metro apartment complex has opened on NE 12th St. The mixed use complex is a block from the downtown Bellevue public library. There are studio, one, and two bedroom apartments available for rent. Building amenities include a rooftop terrace, an exercise room, and electric car charging stations. […]
Old Safeway Building Demolished, Making Way For Bellevue Collection Expansion
The Old Safeway Building at Bellevue Way and NE 4th St has been demolished. Seeing the building in scraps, although anticipated is still a strange sight. This is on-schedule according to our report in December. The Bellevue Collection is making way for its expanded mix-use development with entertainment, office space, […]
Low Income Housing Institute Breaks Ground on Downtown Bellevue Project
The Low Income Housing Institute plans to break ground on the Bellevue Apartments this week. The site is located at 204 111th Ave NE, near NE 2nd St, in downtown Bellevue. The $16.6 million project will offer 57 residential units, ranging from studios to three-bedroom apartments. Rent is expected to […]
Downtown Bellevue Church Property Sells for $30 Million
First Congregational Church’s property in downtown Bellevue was acquired by Plus Investment USA on Monday for $30 million. The 1.6-acre property is located at 752 108th Ave NE. The property is zoned for a high-rise development, and according to the previous property owner the land could fit a 500,000 square […]
