On Sunday our partner, The Seattle Times put together a report for how Downtown Bellevue is well positioned for another building boom. The article made several references to planned construction in 2013. Below are the highlights of the expected development in Downtown Bellevue. Downtown Bellevue Construction Pipeline Highlights 5 Residential […]
Real Estate
Downtown Bellevue Office Building Downsized to 23-Stories
The 3-acre property at NE 8th between 108th and 110th Ave NE according to our news partner The Seattle Times will be downsized from what was expected to be a 32-story office tower, to what will now be a 23-stories. The land is currently being utilized as a parking lot. […]
Downtown Bellevue Site Available for Development
Commercial real estate brokerage firm Kidder Mathews will market one of the last remaining development sites in downtown Bellevue. The property features about 58,500 square feet of land area between One Bellevue Center and Key Center, at 437 – 527 108th Ave. NE. The site has been privately owned for […]
Bellevue Towers Reaches 80 Percent Sold
As of this week, Bellevue Towers is 80 percent sold. Bellevue Towers has sold 178 homes this year, bringing in more than $285 million in revenue and pushing the project to 80 percent sold, according to a press statement. The condominiums are priced from $469,000 to more than $2 million. […]
Report: Owner of Downtown Bellevue Block With Barnes & Noble Hints at Redevelopment
Sterling Realty Organization, the owner of the development on 106th Ave NE, between NE 8th and 6th streets, in Downtown Bellevue, is hinting at redevelopment of the area. This information comes as recently reported, by The Bellevue Reporter The current street is home to Barnes & Noble, Mars Hill Church, […]
Schnitzer West Approaches City about New Office Building in Downtown Bellevue
Seattle development company Schnitzer West may be planning to construct an office building on property owned by Bank of America in downtown Bellevue, according to a report in the Daily Journal of Commerce. The DJC reported that Schnitzer West recently approached the city of Bellevue to inquire about constructing an office […]
New Marriott Hotel Set for Downtown Bellevue Site
The City of Bellevue announced this week that a new Marriott hotel will be built on a vacant one-acre site at 200 110th Avenue NE in downtown Bellevue. An entity related to Indiana-based White/Peterman Properties, Inc. purchased the site for $15 million last week, according to a press statement. The […]
The Bravern Office Towers For Sale
The Bravern office towers are for sale once again. Principal Real Estate Investors purchased the two towers for $410 million in 2010. Now it’s looking for a buyer for the 750,000-square-foot project, according to a brochure. The listing includes a 3,100-stall parking garage. The brochure advises that buyers can assume […]
Lincoln Square Expansion: Updated Renderings & Hotel Tenant Speculation
With the recent news that Kemper Development Co. has applied for a building permit, many question remain about the project. Questions around how the structures will look are answered by the images below. These are the renderings for the proposed towers that have been submitted to the City of Bellevue. […]
Kemper Development Moves Forward with Lincoln Square Expansion
Plans to expand Lincoln Square in downtown Bellevue are moving forward, according to reports from the PSBJ. Kemper Development Co. has applied for a building permit for the site at 410 Bellevue Way NE, south of the Bellevue Arts Museum, near the intersection of Northeast Fourth Street. The planned $850 […]
