Demolition Begins on Bellevue Towers Site
Jan 29, 2006
bellevue, wa – New luxury condominium project Bellevue Towers is officially underway, with demolition starting this week at 106th Avenue Northeast and Northeast Fourth Street. The project is anticipated to take three years, with groundbreaking in February 2006 and completion slated for winter of 2008. The two-tower structure, being developed by Portland firm Gerding/Edlen Development, is the newest addition to Bellevue’s emerging downtown. Bellevue Towers will offer sustainably designed and constructed homes noted for dynamic architecture, high-quality construction and premium finishes. Bellevue Towers is anticipated to be one of the most sustainably-built residential projects in the State of Washington.
Designed by Portland-based GBD Architects and Bellevue’s Mulvanny G2 Architecture, the project consists of two condominium towers of 42 and 43 stories sitting above a retail base. While still being finalized, the design features 550 urban homes ranging from 750 to 6,000 square feet with high quality finishes; views of the Cascade and Olympic mountain ranges, downtown Seattle and the Eastside hills; recreational facilities, a rooftop garden; indoor-outdoor pool; a lushly landscaped garden and walking path for pets, and several flexible community and work spaces as well as other lifestyle enhancing amenities. “Gerding/Edlen Development is excited to be part of Bellevue’s vision for the future—a vibrant area with residential neighborhoods, a lively entertainment district and a real sense of community,” says Scott Eaton, Principal of Gerding/Edlen Development. ”We’re working with the mayor, city leaders and the community to create a project that is beautiful, exciting and offers what the city needs and wants for the future.”
The project is in alignment with the recommendations of the city of Bellevue’s visioning study, which calls for creating active pedestrian spaces in the downtown core. Bellevue Towers will offer dynamic street-level retail that will be integrated into the emerging neighborhood. Gerding/Edlen Development is currently working with Seattle-based Real Retail to find neighborhood-focused businesses seeking to locate in downtown Bellevue. In particular, Gerding/Edlen Development is seeking a unique local restaurant for the retail podium.
The Bellevue Towers project is anticipated to receive LEED (Leadership in Energy and Environmental Design) Gold certification from the U.S. Green Building Council for its innovative sustainable design, making it one of the highest LEED-rated residential buildings in Washington State. It will offer residents better indoor air quality, reduced energy use and costs and reduced impacts on the environment. In 2004, Gerding/Edlen Development received national recognition for developing The Henry condominiums in Portland, one of the first LEED Gold residential buildings in the country. The developer was also recently recognized in the Sierra Club’s “Building Better: A Guide to America’s Best New Development Projects” for its Brewery Blocks section of Portland’s Pearl District.
Gerding Edlen is a leading real estate investment, development and asset and property management firm recognized for its expertise in creating and owning highly sustainable, urban infill, office, residential and mixed-use properties. Founded in 1996, the firm engages a socially responsible approach to real estate by cultivating properties that strengthen communities, minimize impact on the environment and add profound value to residents and tenants. Gerding Edlen’s efforts are guided by a set of criteria, known as the Principles of Place, where community plays a pivotal role alongside design, technology and sustainability in the success of their properties. Gerding Edlen’s development entity is a recognized national leader of sustainable development, which includes more than 75 LEED certified or certified pending properties.