BELLEVUE— Big changes are coming to downtown Bellevue. Kemper Development's expansion of Bellevue Collection is moving forward thanks to the addition of an equity partner. The 2 million-square-foot expansion will add 400K sq. ft. of retail, restaurant and entertainment space; 700K sq. ft. of office space; 500 apartments and two hotels. [PSBJ]
DENNY TRIANGLE— Seven years ago, GIS International Group proposed a 25-story hotel/condo project on the corner of Stewart Street and Minor Avenue. Now they're calling for a 42-story hotel and residential tower that would include 78 hotel rooms, 95 residential units, 9,500 sq. ft. of retail and restaurant space and 150 underground parking stalls. {PSBJ]
SOUTH LAKE UNION— A Holland Partner Group subsidiary closed the deal on a 1.5-acre site between Dexter & Eighth avenues North and Valley & Aloha streets for $19M. They plan to develop a 360-apartment project with a planned start date of 2015. {PSBJ]