Bellevue Beat | $850 Million Expansion Coming to Lincoln Square
Rise Bellevue. Rise. Kemper Development Co., owner of The Bellevue Collection in downtown Bellevue that includes Bellevue Square, Bellevue Place and Lincoln Square, filed for a building permit to start construction of the $850 million expansion of Lincoln Square.
The massive expansion would include two 450-foot towers atop a three-story base containing more than 300,000+ square feet of retail and gathering spaces. One tower would have a 120-room luxury hotel and 200 residential units. The other tower would have about 550,000 square feet of Class A office space.
KDC estimates that it will take about 10 months to get the greenlight from the city to start construction of the first phase of the mixed-use project, a seven-level underground parking garage.
CNN Money named Bellevue a Best Place to Live in its most recent survey. This expansion of Lincoln Square will further strengthen Bellevue's office, retail and hotel offerings and the overall positioning of Bellevue as a world-class city. Below are the renderings of the planned expansion.
Located at 410 Bellevue Way NE, the site is on the northeast corner of Bellevue Way NE and NE 4th Street, south of the Bellevue Arts Museum. Yes, it's the site occupied most recently by the late Your Local Market and old Safeway for many years before that. The site was also home to the Bellevue Farmers Market for one season in 2009.
What do you think of the planned Lincoln Square expansion? What hotel and retailers/shops do you want to have anchored there? Let us know your thoughts in the comments below or on our Facebook page.
Bellevue Way & 4th Street
The site of the new Lincoln Square expansion is one of our most photographed scenes in downtown Bellevue. Here are some photos from our photos archive of the site through the many seasons.
Published: September 1, 2012
Photos © Bellevue.com
Construction renderings courtesy of Kemper Development Co.