Listed by Kidder Mathews Bellevue
Unpriced
0.55 Acre Development Site in Downtown Bellevue
Details
APN 104700-0085, 104700-0090, 104700-0095
Property Type Land
Sub Type Commercial
Pads 3
Tenancy Multi
Acreage 0.550
Zoning Downtown-Mixed Use (DTMU)
Investment Type Redevelopment
Land | 0.55 acres
Marketing description
This premier Downtown Bellevue development opportunity offers a rare chance to acquire a high-density mixed-use site in one of the Pacific Northwest’s most dynamic urban markets. Strategically located near Bellevue Downtown Park, The Bellevue Collection, and the East Link Light Rail, the property benefits from exceptional connectivity, strong demographics, and proximity to world-class employers including Amazon, Meta, Salesforce, and OpenAI. Positioned within Bellevue’s rapidly evolving live-work-play environment, the site is ideally suited for a transformative residential, hospitality, office, or mixed-use development in a highly supply-constrained market.
Investment highlights
- At the forefront is Amazon, now Bellevue's largest employer with more than 14,000 employees and long-term plans to grow toward 25,000—effectively positioning the city as a co-equal corporate hub alongside Seattle. Its multi-tower campus development underscores Bellevue's strategic importance within the company's global footprint.
- Bellevue also hosts major engineering and product hubs for Meta, Google, Salesforce, Oracle, and ByteDance, reflecting a deep concentration of cloud computing, AI, and social platform innovation. These firms have established large-scale campuses and continue to scale headcount, reinforcing Bellevue as a premier destination for top-tier tech talent.
- The Eastside offers the ability to design and deliver a project that is precisely aligned with modern tenant expectations and evolving market demand. In Downtown Bellevue, where global employers and high-growth companies continue to expand, a ground-up development enables efficient floorplates, advanced building systems, and highly amenitized spaces tailored to today's workforce.
- Downtown Bellevue offers exceptional transit and regional connectivity, positioning the property at the center of one of the most accessible urban nodes in the Puget Sound. The area is served by the expanding Link light rail, providing seamless connections to Seattle, Redmond, and SeaTac, including direct access to Seattle-Tacoma International Airport.
- Downtown Bellevue is supported by one of the most highly educated and affluent populations in the nation, providing a powerful foundation for sustained economic growth and real estate demand. A significant percentage of residents hold bachelor's and advanced degrees, with strong concentrations in engineering, computer science, and business disciplines.
- Downtown Bellevue offers a vibrant, lifestyle-driven environment defined by an exceptional mix of retail, dining, and entertainment amenities. At the heart of this experience is Bellevue Square and the broader The Bellevue Collection, a premier destination featuring luxury retail, chef-driven restaurants, and year-round activations that draw visitors from across the region.
- Downtown Bellevue is experiencing a sustained wave of both public and private investment that continues to elevate its position as a premier urban center in the Pacific Northwest. Significant public infrastructure initiatives—including the expansion of the Link light rail and ongoing streetscape and mobility enhancements—are improving accessibility and supporting long-term growth.
- Characterized by a pronounced imbalance between limited land supply and sustained, high demand, creating a compelling investment environment. With few remaining development sites—particularly those capable of supporting large-scale, high-density projects—new supply is increasingly constrained by land scarcity, rising construction costs, and extended entitlement timelines.
Listing Contacts
Listed by Kidder Mathews Bellevue
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