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All the latest news articles and market trends of the Seattle Real Estate Market. If it is happening in Seattle it is happening on the Stroupe Group.

Bosa Development to present plans for its next Bellevue project

Bosa Development, the prolific British Columbia-based development company headed by Nat Bosa, is getting closer to presenting plans for its next project in Bellevue. The company purchased the site at 205 105thAvenue NE just over a year ago. Located just north from Bosa’s other project, One88, the site used to house Sushi Maru – it cost the company around $11M. 

While One88 nears completion and most of the units are sold out, Bosa Development prepares for its next venture. This yet unnamed tower looks to be as visually interesting as the company’s first project. Proposed to be 21 floors tall, it will house roughly 70 condominiums along with underground parking and retail on the ground level. The project will total around 140,000 square feet, excluding the parking. Amanat Architect, who also designed One88, is involved in the project.

Nosa Development’s Unnamed Project in Bellevue – Rendering Courtesy of Amanat Architect

Both, the new project, and One88 (just across the street), feature a fantastic location. Just steps away from Bellevue Square and Lincoln Square. In addition, both sites are walking distance to Downtown Bellevue Station, where the long-anticipated light rail service is set to begin in 2023. 

Bosa Development’s other endeavors in the Pacific Northwest include a vacant site in Downtown Seattle (at 601 Fourth Avenue) and a site on Bellevue Way Northeast, near Park Row Retail. The company purchased that piece of land for $36 million in February of this year. 

The public presentation of the upcoming Bellevue condominium tower will occur on August 22nd– more information can be found here. As always, we will make sure to keep you updated. Thinking of buying or selling – or simply would love to talk about the market? Contact us today! 206.910.5000 or contact@stroupe.com

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