Redmond Central
8412 164th Ave NE, Redmond, WA 98052
Marketing description
Redmond Central presents a rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond, one of the Puget Sound region's fastest-growing urban centers. The property is zoned Downtown Core (DTC), the city's highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet.
Positioned within walking distance of the Downtown Redmond Light Rail Station, major employers, retail amenities, and a rapidly expanding residential population, the site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand.
With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, Redmond Central offers investors and developers the opportunity to create a landmark project in one of the Eastside's most dynamic and desirable submarkets.
The Redmond Central land parcel is a DTC-zoned mixed-use site at 8412 164th Ave NE offers a baseline FAR of 4.5 (64,800 SF) with incentive potential up to 6.5 FAR (93,600 SF) and a height range of 60-85 ft. With 100% lot coverage allowed, no side or rear setbacks, and robust incentive pathways through affordable housing, green building, and inclusive design, this is a compelling development opportunity for a builder ready to maximize density in one of Redmond's most active urban corridors.
Investment highlights
- Downtown Redmond Location
- Mixed-Use Zoning
- Up to 6.5 FAR
- Up to 85' Height
- 100% Lot Coverage
- Light Rail Connectivity
- Near Major Tech Employers
- No Minimum Parking
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