The master development plan for a Spring District complex has been approved by Bellevue city staff, adding another project to the area’s growing list of developments.
Pine Forest Properties is seeking to build a transit-oriented development at 1445 120th Avenue Northeast across the street from the site of the coming light rail station, which is expected to be completed in 2023. The project would demolish three existing industrial buildings and warehouses on three parcels and erect six new buildings totalling more than 889,000 square feet along with nearly 2,000 underground parking stalls on the 8.35 acre site.
The project will be built in three phases and will include four residential buildings and two office buildings. The office buildings and one residential building will include a total of 6,000-square-feet of retail space on the ground floor. It is expected to include 435 apartments, 412,200-square-feet of office with buildings ranging from six to nine stories in height. Construction could begin in 2019.
The office space could accommodate around 2,550 workers and the residential units could provide space for roughly 600 residents.
Pine Forest Properties declined to comment for this story until they had received entitlement approvals, which they expect to receive soon.
The project would join a growing roster of projects that have broken ground or been recently completed in the quickly-growing area of Bellevue. Construction on an 11-story office building started earlier this year. The Block 16 development will add 316,000-square-feet of office space in addition to 13,000-square-feet of retail space to the district. It is scheduled to open in 2020.
By 2019 the Spring District is expected to have roughly 800 apartments. Several other developments will be opening in coming years, including Block 24, a nine story development with more than 166,600-square-feet of office space and the already completed Sparc which came online in 2017 with 309 apartment units. The Arras apartments will add another 309 apartments and is scheduled to open this year.
Finally, ALMI Residential Properties is building 204 apartment units in a complex, which will open in late 2019.
The Spring District is a 16-block, 36-acre development area being guided by Wright-Runstad with the intention of creating a transit-oriented district with retail, office and residential uses.