Sunset North – Lot 10 – Bellevue, WA
Property Status: Pending
Branch Marketing Group and Cushman & Wakefield are pleased to be exclusive listing agents for Sunset North Lot 10. The site represents 7.22 acres of Property zoned Eastgate Transit Oriented Development. The Property commands sweeping views of both the Bellevue and Seattle skyline. Multiple potential uses include residential townhomes, duets, condominiums, apartments, and both student and senior housing. The Property is unimproved and takes access from SE 32nd Street as well as 139th Avenue SE. The site strategically located in the City of Bellevue directly across from the Eastgate Park and Ride Station on the East Link Transit Corridor.
Growth of Bellevue/Eastside: Downtown Bellevue and the surrounding area, together known as the Eastside, are in the midst of a period of unprecedented historical growth. The area boasts attractive living conditions, a business-friendly environment, a growing university, the area’s best schools, and a plethora of tech talent. As a result, many of the world’s fastest-growing companies are expanding their presence, creating a significant need for a wide range of additional housing, including townhomes, condominiums, apartments, and student housing.
Economic Drivers: Global technology stalwarts such as Amazon, Microsoft, Google, and Facebook are snapping up available office space at a blistering rate on the Eastside. Amazon alone has announced it will be bringing 30,000 new jobs to downtown Bellevue by 2025 and has committed to over 6MM SF of new office space in the downtown area.
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