The property is located within the “Overlake” neighborhood of Redmond. Overlake has become the 3rd largest employment center in the greater Seattle areas and it is where Microsoft Headquarter is at. The site has immediate access to State Route 520 and is located within walking distance to the future East Link Light Rail Overlake Station which connects to Downtown Redmond, Downtown Bellevue, UW and Seattle.
Under the vision of Overlake Urban Center, the current zoning allows multifamily and mix-used developments up to nine stories tall, which is a high-density zone.
Just half a mile away, Microsoft is undergoing a massive makeover of its headquarter in Redmond, WA. The campus revitalization and modernization is a multibillion-dollar project and has already broken ground. This would be a complete facelift for its corporate office home and benefiting the surrounding neighborhoods because Microsoft is also contributing to upgrade the city infrastructures as part of the project.
The Light Rail Overlake Station is estimated to be completed in 2023, which meets Microsoft's redevelopment schedule.
2209 Bel-Red Rd, Redmond, WA
OV1
Residential over Retail
62,041 SqFt
Max. 4
199,537 SqFt
9 Stories