Business

Target requests rezone, review for new Bellevue store

Target logo - COURTESY PHOTO
Target logo
— image credit: COURTESY PHOTO

The Target Corporation is requesting a rezone and design review at the corner of 116th Avenue Northeast and Northeast Fourth Street in Bellevue to allow for construction of a 160,000-square-foot retail store.

Target proposes 146,648 square feet of the building will be used for its store, with another 15,000 square feet to be used for street-level retail space. The design specifics filed and published in the city's weekly permits bulletin include a 500-stall parking garage.

The company expects a rezone from general commercial to community business, a text amendment by City Council and design review will be completed in May with permits issued in June. Should that occur, Target anticipates construction to begin in July and the store to open in October 2015.

Up to 200 people are expected to be employed to staff the Target store, according to documents filed with the city.

The city is currently extending Northeast Fourth Street from 116th to 120th Avenue Northeast. It recently resolved a lawsuit filed by Best Buy, because the extension will remove a portion of its storefront and parking lot.

The city has granted Best Buy permission to demolish 11,021 square feet of retail space on the south side of its Bellevue store and add 9,964 square feet to its north side to settle the matter. The store will add a single-story parking garage on its east side to accommodate up to 226 vehicles.

KG Investment Management, which owns the property where Target is planning to construct its new Bellevue store, was a respondent along with the city in the Best Buy case. City documents state litigation temporarily delayed progress in the Target project.

 

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