Amazon bringing 10,000 more jobs, new buildings to Bellevue

Amazon announced recently it is planning to bring 10,000 more jobs to Bellevue, in addition to 15,000 new jobs already planned for the city city. To accommodate the continued job growth, the online giant has secured an additional 2 million square feet of office space in downtown Bellevue by leasing new properties from Vulcan: 555 Tower and West Main. This is in addition to Amazon's own Bellevue 600 project - a 27-story office tower with new retail amenities and additional green space open to the community. Amazon is currently starting development for phase 2, and the new complex is scheduled for completion in 2025.

As commented by Brian McGowan, CEO of Greater Seattle Partners, "the Puget Sound Region has been Amazon’s headquarters for more than two decades and we’re thrilled that they are continuing to invest and create jobs in the region. This expansion in Bellevue is demonstrative not only of the high caliber of talent that can be found throughout the Puget Sound, but also that we are open and ready for business."

On a separate note, Seattle-based Columbia Pacific Advisors has applied to the City of Bellevue for design review approval of their 16-story office tower project at 200 112th Ave. N.E. According to the design review application, there will be about 315,000 square feet of office, a small amount of retail plus a street-level plaza. You can find the full PSBJ report here.

During the past year there has been significant progress with planned commercial and residential development projects in Bellevue. If you are considering purchasing or investing in residential property in Bellevue please contact us for a free consultation - we are happy to help.