All Entries in the "Apartments" Category
Kemper Development Company Announces $1.2 Billion, 2 Million Square Feet Expansion
According to a press release Kemper Development Company announced that they will go forward with their mixed-use expansion. The project is planned to begin in 2014 and will be completed by fall 2016. As anticipated the addition will be in the form of retail, hotel, residential, dining, and entertainment. The project is planned to set [...]
Metro 112 Apartment Complex Plans to Add Street Level Apartments, Plus New Amenity Space
The once available 20,000+ square feet of retail real estate space will now be converted into new apartments at the base of Metro 112 apartment complex. The construction for the building was completed in 2010 and the retail space has gone unoccupied since then. With apartments in high demand in Downtown Bellevue the available space [...]
Apartment complex planned for Old Bellevue: Main Street Gateway Project
Local property owner Vander Hoek Corp. plans to construct a 369-unit apartment complex at the northwest corner of Bellevue Way NE and Main Street in downtown Bellevue, according to permits submitted with the City of Bellevue. The Main Street Gateway project, scheduled for completion in May 2016, will also include 23,475 square feet of retail space [...]
The Future of Downtown Bellevue: The Spring District
The future of Downtown Bellevue is about to be shaped by an adjacent residential development site in Bellevue’s 36-acre mixed-use, Spring District, at the intersection of SR-520 and I-405. Wright Runstad & Company and Shorenstein Properties have chosen Security Properties to initiate the development. Security Properties will purchase a 2.5-acre parcel at The Spring District’s [...]
Development Company Announces Plans for Downtown Bellevue Main St Site
SRM Development plans to build a 258-unit apartment complex in downtown Bellevue this year, according to the Puget Sound Business Journal. SRM Development announced this week that construction will begin in late spring or early summer. The apartments will be situated above 32,000 square feet of commercial space at the southeast corner of Bellevue Way [...]
Report Indicates Two 14-Story Residential Towers to be Built at Bellevue Square
Credit: Flickr chispita_666 According to a report by The Seattle Daily Journal of Commerce Kemper Development, developer and operator of Bellevue Square, Bellevue Place and Lincoln Square, has a plan to build two 14-story residential towers and nearly 250,000 square feet of retail on the southeast corner of Bellevue Square. According to the report, Kemper [...]
City of Bellevue Leaders Say Cranes May Be Returning to Downtown Bellevue
The “crane index” was an informal way of characterizing the pace of development and the economic health of Downtown Bellevue during the boom years. The index consisted of the number of tower cranes at construction sites throughout the city. At the peak of development in 2007, there were 21 cranes. However, after a long vacation, there [...]
Breaking Down The Seattle Times Downtown Bellevue Building Boom Article
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 properties in the pipeline with [...]
Downtown Bellevue Apartment Complex Sold for $16.5M
Prometheus Real Estate Group has paid just over $16.5 million for the Limestone Court, a 48-unit downtown Bellevue apartment property with over 5,000 square feet of retail. Located at 900 108th Avenue NE in downtown Bellevue, the 48 unit community is a mix of one and two bedroom floor plans averaging 1,158 square feet. The [...]
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 a buyer is found. Inquiries [...]
