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Seattle DJC.com local business news and data - Real Estate - Facebook-leased building at Spring District fetches $200M

Rendering by Studio 216 [enlarge] Facebook’s Block 24 is in the foreground, with its Block 16 north across the street. This view looks northwest along 124th Avenue Northeast. Already leased to Facebook, Block 24 in East Bellevues Spring District is nearing completion on its interiors and not yet occupied. Yet developer Wright Runstad and partners have already sold it, empty, to a fund associated with Brookfield Asset Management. The company announced the $200 million deal yesterday; Ki...
Wright Runstad Brookfield Asset Management East Bellevue Spring District Brookfield Asset King County
Source: djc.com

Bellevue deputy mayor says city is 'poised to really take off' in coming years

During Tuesday’s state of the city address, Deputy Mayor Jared Nieuwenhuis said most of Bellevue’s available office space is leased, and the economy should only get better with Amazon and Facebook both planning major expansions. “We’ve got nine million square feet of office space, and 90% of it is already pre-leased,” he said. The Bellevue 600 site now under construction will feature two office buildings for Amazon with a capacity of more than 7,000 employees. The expansion in Bellevu...
United States Chris Machielse Jared Nieuwenhuis Flickr Creative Deputy Mayor Jared Nieuwenhuis Spring District

Seattle DJC.com local business news and data - Construction - Brewpub & Tract K Garage

Photos by Dean Wallace [enlarge] Located at the heart of Bellevue’s Spring District, the 29,500-square-foot, three-story structural steel retail and office building has 19,000 square feet of second and third floor office space, and 10,500 square feet of first floor retail space designed for a brewpub/restaurant tenant.  
Dean Wallace Spring District டீன் வாலஸ் வசந்த மாவட்டம்
Source: djc.com

Colorado's plunging student enrollment stokes fears

Seventh-grader Garin Huxman cleans out his locker on May 19, 2020, at North Middle School in Colorado Springs, Colo. Students at the District 11 school were allowed to return to school this week to clean out their lockers and collect their belongings left at the school after it was closed March 13 because of the COVID-19 pandemic. The students were escorted into the school by a staff member, no more than 10 at a time, and the building crew disinfected the lockers immediately afterward. Christia...
United States New York Colorado Department Of Education El Paso County Pikes Peak Jared Polis

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Colorado's 35,000 missing students a shock to the educational system

Seventh-grader Garin Huxman cleans out his locker on May 19, 2020, at North Middle School in Colorado Springs, Colo. Students at the District 11 school were allowed to return to school this week to clean out their lockers and collect their belongings left at the school after it was closed March 13 because of the COVID-19 pandemic. The students were escorted into the school by a staff member, no more than 10 at a time, and the building crew disinfected the lockers immediately afterward. Christia...
United States New York Colorado Department Of Education El Paso County Pikes Peak Jared Polis

Former Facebook exec Vijaye Raji leads new startup Statsig to help developers build features quickly

Former Facebook exec Vijaye Raji leads new startup Statsig to help developers build features quickly April 7, 2021 at 8:05 am Vijaye Raji (left) and the Statsig team. (Statsig Photo) New startup:Vijaye Raji, a tech vet who previously led Facebook’s 5,000-person engineering outpost in Seattle, is CEO and founder of Statsig, a Seattle-area company that just formed to help developers build and launch features quickly. Statsig’s pitch: Raji spent a decade at Facebook and learned how it used int...
Vijaye Raji S Somasegar Ssomasegar Congratulations Team Madrona Venture Group Statsig Photo Madrona Venture Group Managing Director

Seattle DJC.com local business news and data - Construction - National finalist: Gold award — Transportation br HDR

HDR Northeast Spring Boulevard is a half-mile, five-lane roadway with five new intersections and two bridges. Project: Northeast Spring Boulevard Client: City of Bellevue Long used for light industry, the BelRed subarea of Bellevue is transforming into a state-of-the-art, mixed-use and transit-oriented neighborhood. The Spring District is a vibrant, new $2.3 billion neighborhood made up of walkable streets, open spaces and independent shops. Centrally located, transit-oriented and buzzing wi...
Cascade Bicycle Club Spring Boulevard King County Northeast Spring Boulevard Spring District Northeast Spring
Source: djc.com

Seattle DJC.com local business news and data - Real Estate - On the Block: Bridge buys REI's old Kent HQ for over $24M, with industrial complex planned

December 17, 2020 On the Block: Bridge buys REIs old Kent HQ for over $24M, with industrial complex planned First Spring District headquarters to Facebook for almost $368 million, sending deep seismic tremors through the Eastside office market. The retail sector shuddered, too. That was Bellevue. That was in September, nine months into the pandemic. Three months later, as planned, the co-op has sold its old Kent headquarters to Bridge Development Partners. King County recorded the $24.6 mill...
Kent Development Partners Spring District Bridge Development King County கேண்ட் வளர்ச்சி கூட்டாளர்கள் வசந்த மாவட்டம்
Source: djc.com

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