Get used to seeing cranes and construction crews, Bellevue. Two massive downtown construction projects are about to get underway. First up, Kemper Development announced that they will break ground today on their 2M sq. ft. expansion of Bellevue Collection. The project will include 400K sq. ft. of retail, restaurant and entertainment space; 700K sq. ft. of office space; 500 apartments and two hotels. The expansion is expected to be finished in 2016 and is already starting a month ahead of schedule.
Not to be outdone, Trammell Crow also announced today that they have already begun construction on the 19-story 929 Office Tower at 929 108th Ave. N.E. The 462K sq. ft. project is scheduled for a December 2015 opening. T-Crow paid $24.1M for the 1.5-acre site last year. According to their release, 929 will be Bellevue's first Class A office tower built under the new energy code.
· Kemper starts Wednesday on $1.2B Bellevue Collection expansion [PSBJ]
· Trammell starts construction of Bellevue office tower [PSBJ]
· Trammell Crow Plunks Down $24M For Downtown Bellevue Site [Curbed Seattle]