{
 "id": "n-b809b05748",
 "slug": "redmond-sears-site-at-overlake-plaza",
 "type": "big-box",
 "name": "Sears site at Overlake Plaza",
 "aka": [],
 "city": "Redmond",
 "county": "King County",
 "state": "WA",
 "country": "US",
 "census_division": 9,
 "lat": 47.66941,
 "lon": -122.12388,
 "geocode_method": "nominatim-city",
 "address": null,
 "metro": null,
 "original_use": "retail",
 "year_opened": 1971,
 "year_closed": 2018,
 "acres": 14.0,
 "gla_sqft": 268000,
 "stores_peak": null,
 "levels": null,
 "original_developer": null,
 "original_architect": null,
 "before_notes": "Draft from pointermedia.org, model-extracted, unreviewed: A former 268,000-square-foot Sears store on 14 acres in Redmond, Washington, which closed in 2018 and was demolished in 2022, is now being marketed for a large-scale mixed-use redevelopment.",
 "strategy": [
  "redevelop"
 ],
 "new_use": [
  "hotel",
  "housing",
  "mixed",
  "office",
  "retail"
 ],
 "share_retrofit": null,
 "status": "proposed",
 "year_retrofit": null,
 "developer": null,
 "architect": null,
 "after_notes": null,
 "narrative": null,
 "narrative_license": null,
 "narrative_source": null,
 "zoning_change": "Zoning allows for flexible mixed-use development",
 "public_subsidy": null,
 "entitlement_year": null,
 "planning_notes": null,
 "wikidata_qid": null,
 "wikipedia": null,
 "osm_id": null,
 "verified": "draft",
 "verified_by": null,
 "last_verified": null,
 "last_updated": "2026-10-18",
 "created": "2026-10-18",
 "contributor_name": null,
 "contributor_org": null,
 "contributor_link": null,
 "international": 0,
 "county_fips": "53033",
 "opp_score": 20.0,
 "opp_reasons": [
  "already in play: under construction, approved, or sold to a developer with housing plans",
  "county grew 4.6% 2018\u201323",
  "median rent $2,035",
  "housing in the record"
 ],
 "for_sale": 0,
 "distressed": 0,
 "deep": {},
 "elements": [
  {
   "slug": "anchor-sears",
   "name": "Sears",
   "grp": "anchor",
   "evidence": "Sears",
   "origin": "wikipedia"
  },
  {
   "slug": "era-closed-2010s",
   "name": "Closed 2010s",
   "grp": "era",
   "evidence": "2018",
   "origin": "newtypes-extraction"
  },
  {
   "slug": "era-opened-1970s",
   "name": "Opened 1970s",
   "grp": "era",
   "evidence": "1971",
   "origin": "newtypes-extraction"
  },
  {
   "slug": "status-pipeline",
   "name": "Retrofit in the pipeline",
   "grp": "finance",
   "evidence": "proposed",
   "origin": "newtypes-extraction"
  },
  {
   "slug": "place-mall-cluster",
   "name": "3+ other atlas sites within 10 km",
   "grp": "place",
   "evidence": "8 within 10 km",
   "origin": "computed"
  },
  {
   "slug": "place-high-traffic",
   "name": "30,000+ vehicles a day on an adjacent road",
   "grp": "place",
   "evidence": "83,708 on SR 520",
   "origin": "fhwa-hpms"
  },
  {
   "slug": "place-apartment-boom-county",
   "name": "County permitting 2,000+ apartment units a year",
   "grp": "place",
   "evidence": "7,119 units, King County",
   "origin": "census-bps"
  },
  {
   "slug": "place-rent-2000-plus",
   "name": "County typical rent $2,000+",
   "grp": "place",
   "evidence": "$2,323/mo",
   "origin": "zillow"
  },
  {
   "slug": "place-freeway-frontage",
   "name": "Interstate or freeway within 600 m",
   "grp": "place",
   "evidence": "SR 520",
   "origin": "fhwa-hpms"
  },
  {
   "slug": "scale-small-site",
   "name": "Under 20 acres",
   "grp": "scale",
   "evidence": "14 acres",
   "origin": "newtypes-extraction"
  },
  {
   "slug": "strategy-redevelop",
   "name": "Redeveloped",
   "grp": "strategy",
   "evidence": "",
   "origin": "record"
  },
  {
   "slug": "use-hotel",
   "name": "Hotel",
   "grp": "use",
   "evidence": "new_use field",
   "origin": "record"
  },
  {
   "slug": "use-housing",
   "name": "Housing",
   "grp": "use",
   "evidence": "new_use field",
   "origin": "record"
  },
  {
   "slug": "use-mixed",
   "name": "Mixed use",
   "grp": "use",
   "evidence": "new_use field",
   "origin": "record"
  },
  {
   "slug": "use-office",
   "name": "Office",
   "grp": "use",
   "evidence": "new_use field",
   "origin": "record"
  },
  {
   "slug": "use-retail",
   "name": "Retail (continued)",
   "grp": "use",
   "evidence": "new_use field",
   "origin": "record"
  }
 ],
 "sources": [
  {
   "id": 8604,
   "site_id": "n-b809b05748",
   "url": "https://pointermedia.org/former-268000-sq-ft-sears-site-in-redmond-hits-the-market-major-redevelopment-opportunity-near-microsoft-light-rail/",
   "title": "Former 268,000-Sq-Ft Sears Site in Redmond Hits the Market \u2014 Major ...",
   "publisher": "pointermedia.org",
   "date": null,
   "quote": "The former Sears site at Overlake Plaza in Redmond",
   "kind": "news",
   "license": null,
   "retrieved": "2026-10-18"
  },
  {
   "id": 8605,
   "site_id": "n-b809b05748",
   "url": "https://pointermedia.org/former-268000-sq-ft-sears-site-in-redmond-hits-the-market-major-redevelopment-opportunity-near-microsoft-light-rail/",
   "title": "Timeline",
   "publisher": null,
   "date": null,
   "quote": "The Redmond location, which originally opened in 1971",
   "kind": "quote",
   "license": null,
   "retrieved": "2026-10-18"
  },
  {
   "id": 8606,
   "site_id": "n-b809b05748",
   "url": "https://pointermedia.org/former-268000-sq-ft-sears-site-in-redmond-hits-the-market-major-redevelopment-opportunity-near-microsoft-light-rail/",
   "title": "Timeline",
   "publisher": null,
   "date": null,
   "quote": "The store closed in 2018",
   "kind": "quote",
   "license": null,
   "retrieved": "2026-10-18"
  },
  {
   "id": 8607,
   "site_id": "n-b809b05748",
   "url": "https://pointermedia.org/former-268000-sq-ft-sears-site-in-redmond-hits-the-market-major-redevelopment-opportunity-near-microsoft-light-rail/",
   "title": "Timeline",
   "publisher": null,
   "date": null,
   "quote": "demolition was completed in 2022",
   "kind": "quote",
   "license": null,
   "retrieved": "2026-10-18"
  },
  {
   "id": 8608,
   "site_id": "n-b809b05748",
   "url": "https://pointermedia.org/former-268000-sq-ft-sears-site-in-redmond-hits-the-market-major-redevelopment-opportunity-near-microsoft-light-rail/",
   "title": "Timeline",
   "publisher": null,
   "date": null,
   "quote": "The former Sears site at Overlake Plaza in Redmond is now being marketed for redevelopment",
   "kind": "quote",
   "license": null,
   "retrieved": "2026-10-18"
  }
 ],
 "parties": [],
 "events": [
  {
   "id": 5308,
   "site_id": "n-b809b05748",
   "date": null,
   "year": 1971,
   "kind": "note",
   "detail": "Store opened",
   "share": null,
   "source_id": 8605,
   "verified": "draft"
  },
  {
   "id": 5312,
   "site_id": "n-b809b05748",
   "date": null,
   "year": 1971,
   "kind": "opened",
   "detail": "Opened",
   "share": null,
   "source_id": null,
   "verified": "draft"
  },
  {
   "id": 5309,
   "site_id": "n-b809b05748",
   "date": null,
   "year": 2018,
   "kind": "note",
   "detail": "Store closed",
   "share": null,
   "source_id": 8606,
   "verified": "draft"
  },
  {
   "id": 5313,
   "site_id": "n-b809b05748",
   "date": null,
   "year": 2018,
   "kind": "closed",
   "detail": "Closed",
   "share": null,
   "source_id": null,
   "verified": "draft"
  },
  {
   "id": 5310,
   "site_id": "n-b809b05748",
   "date": null,
   "year": 2022,
   "kind": "note",
   "detail": "Demolition completed",
   "share": null,
   "source_id": 8607,
   "verified": "draft"
  },
  {
   "id": 5311,
   "site_id": "n-b809b05748",
   "date": null,
   "year": 2026,
   "kind": "note",
   "detail": "Property marketed for redevelopment",
   "share": null,
   "source_id": 8608,
   "verified": "draft"
  }
 ],
 "gallery": [],
 "anchors": [
  {
   "name": "Sears",
   "wikipedia": null,
   "category": "anchor (Esri 2014 layer)"
  }
 ],
 "deals": [],
 "owner_of_record": null,
 "ctx": {
  "assessment": {
   "what_happened": "Sears at Overlake Plaza closed in 2018 (14 acres, 268k sqft GLA). Demolition completed by 2022. Site marketed for redevelopment in 2026.",
   "why": "Zoning allows mixed-use development. County population grew 4.6% (2018\u20132023). Median rent $2,035. King County permits show 10,504 residential units approved in 2023\u20132024 (mostly multi-family).",
   "where_it_stands": "Status listed as 'proposed' but cluster data shows 'Overlake Plaza' (same site) as 'proposed' at 0km distance. No current developer named. Permits indicate active housing construction in the area.",
   "for_a_planner": [
    "Zoning flexibility supports proposed uses (hotel/housing/office).",
    "County housing demand aligns with new-use strategy.",
    "Traffic: SR 520 freeway (6 lanes, 83k ADT) nearby."
   ],
   "for_a_developer": [
    "14-acre parcel is large for redevelopment. GLA per acre: 19,143 sqft.",
    "No current value per acre data. Housing market shows ZHVI $824k (down 2.2% YoY).",
    "Inconsistent status: Record says 'proposed' but cluster lists same site as 'proposed' at 0km."
   ],
   "risks_and_unknowns": [
    "No developer or timeline specified.",
    "Demolition completed in 2022 but site marketed in 2026 (4-year gap unexplained).",
    "No parcel value or current ownership details."
   ],
   "data_quality": "good",
   "one_line": "14-acre Sears site (closed 2018) in Redmond, WA, zoned for mixed-use; marketed for redevelopment amid active housing construction in King County.",
   "model": "qwen3-30b-a3b-64k:latest",
   "machine": "Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b)",
   "record_sha1": "d1a1a0f348c8"
  },
  "cluster": {
   "within_10km": [
    {
     "id": "n-93338e8767",
     "name": "Overlake Seritage property",
     "city": "Redmond",
     "status": "proposed",
     "km": 0.0
    },
    {
     "id": "n-bc22d44a71",
     "name": "Overlake Plaza",
     "city": "Redmond",
     "status": "proposed",
     "km": 0.0
    },
    {
     "id": "m-04e4bae70a",
     "name": "Kirkland Parkplace",
     "city": "Kirkland",
     "status": "built",
     "km": 5.6
    },
    {
     "id": "n-f02f6d63c6",
     "name": "Kirkland Heights",
     "city": "Kirkland",
     "status": "under construction",
     "km": 6.3
    },
    {
     "id": "m-c014116418",
     "name": "Totem Lake Mall",
     "city": "Kirkland",
     "status": "built",
     "km": 6.4
    },
    {
     "id": "n-729ff37c48",
     "name": "12th Place, Building A",
     "city": "Bellevue",
     "status": "proposed",
     "km": 6.7
    },
    {
     "id": "n-10ffd7d13a",
     "name": "Bellevue Manor",
     "city": "Bellevue",
     "status": "built",
     "km": 8.0
    },
    {
     "id": "n-5c1de99885",
     "name": "Bellevue North",
     "city": "Bellevue",
     "status": "approved",
     "km": 8.0
    }
   ],
   "count_10km": 8,
   "count_25km": 19
  },
  "elevation": {
   "elevation_ft": 40.1,
   "resolution": 1,
   "source": "USGS EPQS (3DEP)",
   "retrieved": "2026-10-20"
  },
  "food_access": {
   "tract10": "53033032309",
   "urban": 1,
   "lila_1_10": 0,
   "low_access_1mi": 0,
   "lapop1share": 3.2400972263477303,
   "poverty_rate": 7.28185044670175,
   "median_family_income": 134688.0,
   "snap_households": 123.0,
   "pop2010": 5212.0,
   "source": "USDA ERS Food Access Research Atlas 2019 (ArcGIS copy)",
   "retrieved": "2026-10-20"
  },
  "housing_market": {
   "zhvi": {
    "latest": 824870,
    "month": "2026-09",
    "change_1y": -0.022,
    "change_5y": 0.074
   },
   "zori": {
    "latest": 2323,
    "month": "2026-09",
    "change_1y": 0.016,
    "change_5y": 0.146
   },
   "county_fips": "53033",
   "source": "Zillow Research (ZHVI, ZORI)"
  },
  "jobs_lodes": {
   "tract20": "53033032331",
   "jobs": 11465,
   "retail_jobs": 679,
   "food_accommodation_jobs": 1970,
   "year": 2022,
   "source": "Census LEHD LODES8 WAC 2022 (all jobs, primary and secondary), blocks summed to the 2020 tract",
   "retrieved": "2026-10-20"
  },
  "listings": {
   "zip": "98052",
   "month": "202609",
   "median_listing_price": 1050975,
   "median_listing_price_yy": -0.1946,
   "active_listing_count": 192,
   "median_days_on_market": 40,
   "price_reduced_share": 0.1539,
   "pending_ratio": 0.3342,
   "source": "Realtor.com Research, inventory core metrics by ZIP (ZCTA at the site point)",
   "retrieved": "2026-10-20"
  },
  "opportunity": {
   "tract10": "53033032309",
   "kfr_p25": 0.4875,
   "jail_p25": -0.0032,
   "kids_count": 92.5259,
   "commuting_zone": "Seattle",
   "vintage": "children born 1978-83, outcomes measured 2014-15",
   "source": "Opportunity Insights, Opportunity Atlas (Chetty, Friedman, Hendren, Jones, Porter 2018)",
   "retrieved": "2026-10-20"
  },
  "peers": {
   "peers": [
    {
     "id": "n-3979b69ba3",
     "name": "NOAA research station and surrounding 26 acres",
     "city": "Mukilteo",
     "state": "WA",
     "score": 9.0,
     "why": [
      "closed 2020",
      "same strategy: redevelop",
      "also in WA"
     ]
    },
    {
     "id": "n-0162c7bfcf",
     "name": "Boisfeuillet Jones Atlanta Civic Center site",
     "city": "Atlanta",
     "state": "GA",
     "score": 8.5,
     "why": [
      "similar size (19 acres)",
      "opened 1968",
      "closed 2014"
     ]
    },
    {
     "id": "n-a2e1605d30",
     "name": "Former State Farm office park",
     "city": "Dunwoody",
     "state": null,
     "score": 8.0,
     "why": [
      "similar size (16 acres)",
      "closed 2022",
      "same strategy: redevelop"
     ]
    },
    {
     "id": "m-0d322f926d",
     "name": "Hickory Hollow Mall",
     "city": "Nashville",
     "state": "TN",
     "score": 7.5,
     "why": [
      "opened 1978",
      "closed 2019",
      "same strategy: redevelop"
     ]
    },
    {
     "id": "m-9210055acd",
     "name": "Capital Hill Mall",
     "city": "Helena",
     "state": "MT",
     "score": 7.5,
     "why": [
      "similar GLA (213,000 sq ft)",
      "opened 1965",
      "closed 2017"
     ]
    },
    {
     "id": "m-2ef8eb83f5",
     "name": "Fairfield Commons Mall",
     "city": "Glen Allen",
     "state": "VA",
     "score": 7.5,
     "why": [
      "similar GLA (335,000 sq ft)",
      "opened 1968",
      "closed 2015"
     ]
    }
   ],
   "method": "size, era, strategy, status, type, state, distance"
  },
  "permits": {
   "county": "King County",
   "2024": {
    "units_1": 2352,
    "units_2_4": 1093,
    "units_5plus": 7119,
    "value_total": 2710126160
   },
   "2023": {
    "units_1": 2238,
    "units_2_4": 1089,
    "units_5plus": 7274,
    "value_total": 2504322180
   },
   "retrieved": "2026-10-18"
  },
  "qcew_retail": {
   "county": "53033",
   "year": 2025,
   "establishments": 5725,
   "employment": 102448,
   "avg_annual_pay": 60273,
   "lq_employment": 0.72,
   "employment_change_1y": -1.1,
   "source": "BLS QCEW 2025 annual, county, NAICS 44-45 retail trade, private",
   "retrieved": "2026-10-20"
  },
  "retail_trend": {
   "2012": {
    "estab": 6564,
    "emp": 96932
   },
   "2023": {
    "estab": 5912,
    "emp": 104570
   },
   "estab_change": -0.099,
   "emp_change": 0.079,
   "county_fips": "53033"
  },
  "schools": {
   "district": "Lake Washington School District",
   "district_geoid": "5304230",
   "grades": "PK-12",
   "district_vintage": "SY2024-25",
   "public_schools_1mi": 5,
   "schools": [
    "Benjamin Rush Elementary",
    "Redmond Elementary",
    "Contractual Schools",
    "Old Redmond Schoolhouse",
    "Sammamish River Valley Online School"
   ],
   "schools_vintage": "SY2023-24",
   "source": "NCES EDGE",
   "retrieved": "2026-10-20"
  },
  "storms": {
   "county": "53033",
   "years": "2016-2025",
   "events": 8,
   "by_type": {
    "Heavy Rain": 6,
    "Debris Flow": 1,
    "Flood": 1
   },
   "property_damage_usd": 34994000,
   "deaths_direct": 1,
   "injuries_direct": 1,
   "note": "county-typed events only; events logged to forecast zones (CZ_TYPE Z: most winter, heat, flood and coastal events) are not counted",
   "source": "NOAA NCEI Storm Events Database, details files",
   "retrieved": "2026-10-20"
  },
  "traffic": {
   "max_aadt": 83708,
   "trucks_aadt": 2963,
   "road": "SR 520",
   "class": "freeway or expressway",
   "lanes": 6,
   "segments_600m": 34,
   "year": "2024",
   "source": "FHWA HPMS",
   "retrieved": "2026-10-20"
  },
  "yield": {
   "value_per_acre": null,
   "gla_per_acre": 19143,
   "far": 0.44,
   "parcel_value_total": null
  }
 },
 "parcels": [],
 "url": "https://retrofitatlas.org/big-box/wa/redmond-sears-site-at-overlake-plaza/",
 "photo": null,
 "provenance": {
  "year_opened": "newtypes-extraction",
  "year_closed": "newtypes-extraction",
  "acres": "newtypes-extraction",
  "gla_sqft": "newtypes-extraction",
  "status": "newtypes-extraction",
  "zoning_change": "newtypes-extraction"
 }
}