305 108th avenue northeast
Bellevue, Washington, USA
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Previously, the site was occupied by commercial office space, which will be demolished to make way for this new development. The property was sold by Fana Group to PGIM and Capstone Partners for $32.5 million. The original plans for this site included a condominium tower called “ParqHouse,” designed to be 34 stories high with luxury units, retail space, and parking. In 2022, the focus shifted to a 12-story office tower named “305 Office Tower,” intended to offer approximately 194,700 square feet of office space and 354 below-grade parking spaces. However, Capstone Partners decided to transition from this office tower concept to the current residential proposal. The construction of the new residential tower is planned to occur in a single phase, with a slated start date at the end of 2026. The construction duration is estimated to be between 32 to 36 months. Source: https://downtownbellevue.com/
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