Retrofit Atlas

Strip centers · Washington

Bellevue North

Imported, unreviewedRedevelopedRetrofit approvedBellevue, WA

Approved 2028 retrofit into housing/retail; senior housing component; supported by regional housing market trends. · summary, model-written

Ask who owns this Download dossier (PDF) · early access Download record (JSON) API Share LinkedIn Correct this record

Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.

Map view. No verified photo yet. Send one.

Site profile11 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline
Retrofit in the pipelineThis site: …approved newtypes-extraction · all sites with this
Place
3+ other atlas sites within 10 kmThis site: 7 within 10 km computed · all sites with this
30,000+ vehicles a day on an adjacent roadThis site: 170,801 on I-405 fhwa-hpms · all sites with this
County permitting 2,000+ apartment units a yearThis site: 7,119 units, King County census-bps · all sites with this
County typical rent $2,000+This site: $2,323/mo zillow · all sites with this
Interstate or freeway within 600 mThis site: I-405 fhwa-hpms · all sites with this
Scale
Under 20 acresThis site: 4.22 acres newtypes-extraction · all sites with this
Strategy
RedevelopedThis site: …two mid-rise apartment buildings with ground-floor retail, built over a shared parking podium with two levels of underground parking; senior housing project of… record · all sites with this
New use
HousingThis site: …two mid-rise apartment buildings with ground-floor retail, built over a shared par newtypes-extraction · all sites with this
Mixed useThis site: …new_use field newtypes-extraction · all sites with this
Retail (continued)This site: …two mid-rise apartment buildings with ground-floor retail, built over a shared parking podium with two levels of unde newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit approvednewtypes-extraction reported
StrategyRedevelopment, approvedWikipedia no source
New useshousing, mixed, retailWikipedia no source
What is there nowtwo mid-rise apartment buildings with ground-floor retail, built over a shared parking podium with two levels of underground parking; senior housing project of roughly 520,000 square feet of floor areanewtypes-extraction reported
Retrofit year2028newtypes-extraction reported
RedeveloperWallace Propertiesnewtypes-extraction reported

Site context

Housing permits, King County (WA), 20247,119 units in 5+ unit buildings, 1,093 in 2–4, 2,352 single-family; 2023: 7,274 in 5+Census BPS
Other atlas sites nearby7 within 10 km, 20 within 25 km: Bellevue Manor (0.0 km); 12th Place, Building A (1.2 km); Kirkland Heights (7.0 km); Kirkland Parkplace (7.1 km); Overlake Seritage property (8.0 km)computed
Retail trade in the county, 2025 (BLS QCEW)102,448 jobs in 5,725 establishments; average annual pay $60,273; employment location quotient 0.72; employment -1.1% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 202234,657 jobs; 3,861 in retail trade, 2,638 in accommodation and food (workplace blocks summed to tract 53033023807)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 46th income percentile as adults; 1.4% incarcerated at the 2010 count (17 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; poverty rate 6.2%; median family income $157,656; 127 SNAP householdsUSDA ERS
SchoolsBellevue School District (PK-12); 6 public schools within 1 mile: Bellevue High School; Central Educational Services; Jing Mei Elementary School; Bellevue Open Doors ReengagementNCES EDGE
Elevation133 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-20258 county-logged events: 6 heavy rain, 1 debris flow, 1 flood; $34,994,000 property damage reported; 1 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 98004, 2026-09median list price $2,012,000 (-9.5% on the year); 244 active listings; median 63 days on market; 12% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20235,912 establishments (-10%); 104,570 jobs (+8%)Census CBP
Housing market in the countytypical home value $824,870 (-2% 1 yr, +7% 5 yr); typical rent $2,323/mo (+2% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)170,801 vehicles a day on I-405 (Interstate, 8 lanes); 10,692 trucks; 36 counted segmentsFHWA HPMS

Summary, model-written

Bellevue North, a 4.22-acre strip mall opened in 1979, is approved for redevelopment into housing and retail. Construction is scheduled to begin in 2028. The project includes two mid-rise apartment buildings with ground-floor retail, built over a shared parking podium with two levels of underground parking, plus a senior housing component totaling roughly 520,000 sq ft. The developer is Wallace Properties. The site is within 1.2km of a proposed development (12th Place, Building A) and part of a cluster of 7 similar projects within 10km. King County’s housing market shows rising rents ($2,035 median) and home values (ZHVI $824,870, up 7.4% over 5 years). Residential construction permits in King County totaled $2.7B in 2024. The project’s status is approved, with Master Development Plan clearance in 2026. Unknown: Current tenant mix, exact zoning, parking count, community feedback, and construction costs.

Why. The record confirms the project is in active development (approved, 2028 start), aligns with regional housing demand (rising rents, ZHVI), and fits a cluster of similar redevelopments. No external context is used.

Where it stands. Status: Approved. Timeline: Construction scheduled 2028. Market context: Supported by county housing market trends and active residential permitting.

For a planner

  • Approved retrofit with housing/retail mix
  • Within 1.2km of proposed development
  • King County housing market data shows demand

For a developer

  • 2028 construction start
  • Senior housing component (520k sq ft)
  • Active residential permitting in county (2024: $2.7B)

What we do not know yet

  • No current tenant data
  • No zoning details
  • No cost or timeline beyond 2028

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

  • Totem Lake Mall, Kirkland, WA · Malls · opened 1973; same strategy: redevelop; also in WA
  • Ampang Park, Kuala Lumpur · Malls · similar size (4.5 acres); opened 1973; same strategy: redevelop
  • Park+Ford, Alexandria, VA · Office parks · similar size (4.6 acres); opened 1981; same strategy: redevelop
  • Former JCPenney building, Edina, MN · Malls · similar size (5.691 acres); opened 1972; same strategy: redevelop

Elsewhere on the web

Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar

Multifamily screen

  • already in play: under construction, approved, or sold to a developer with housing plans
  • county grew 4.6% 2018–23
  • median rent $2,035
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Opened1979newtypes-extraction
Acres4.2newtypes-extraction reported
AnchorsPanera Bread, The UPS Store, Snapdoodle Toys, BevMo!, Domino’s Pizza, J. Lewis Jewelers, Pet Pros, Adventure Kids Playcare
CountyKing County
Census division9 · Pacific
NotesDraft from downtownbellevue.com, model-extracted, unreviewed: The Bellevue North project is a four-building redevelopment that would replace the strip mall at Bellevue Way NE and NE 12th Street with 950 apartments and ground-floor retail, with construction scheduled to begin April 1, 2028.

Not yet recorded: GLA, original developer. Know it? Tell us.

Timeline

  1. 1979 Center built
  2. 1979 Opened
  3. 1996 Center renovated
  4. 2022 Plans first surfaced
  5. 2024 Master Development Plan and Design Review applications filed
  6. 2026 Master Development Plan cleared city review
  7. 2027 Second-phase work could not start
  8. 2028 Construction scheduled to begin
  9. 2028 Retrofit: redevelop

Sources

More in Washington