Location | Bellevue, Washington |
---|---|
Coordinates | 47°37′01″N 122°12′04″W / 47.617002°N 122.201169°W |
Status | Completed |
Constructed | 2001–2005 (Phase I) 2014–2017 (Phase II) |
Opening | November 1, 2005 December 2016 (Phase II) | (Phase I)
Use | Mixed-use (Retail, Office, Housing, Hotel) |
Companies | |
Developer | Kemper Freeman |
Owner | Kemper Development Company |
Technical details | |
Cost | $360 million (Phase I)[1] $1.2 billion (Phase II)[2] |
Lincoln Square is a mixed-use urban development in Bellevue, Washington, owned by prominent local developer Kemper Freeman.[3] Lincoln Square, located along Bellevue Way between NE 6th and NE 8th streets, consists of two skyscrapers with retail and restaurant space, and a movie theater; and a 148-room residential tower and 337-room luxury hotel (One Lincoln Tower); and underground parking. The development constitutes part of "The Bellevue Collection", which consists of Freeman's properties in downtown Bellevue alongside Bellevue Place and Bellevue Square.[3] The office tower is leased to Eddie Bauer's corporate headquarters and Microsoft; the hotel is occupied by Westin Hotels & Resorts.
The first phase was completed in November 2005,[4][5] after Freeman acquired a majority stake in the project in 2003.[6] A $1.2 billion expansion, consisting of two mixed-use towers, was announced in 2013 and began construction in 2014;[7][8] the project, known as Lincoln Square South, was completed in January 2017 alongside an expansion of the Bellevue Square mall.[9]
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Kemper Development Company's 1.5 million-square-foot expansion of Lincoln Square, at a cost of $1.2 billion, is on time and on budget, says business leader, developer Kemper Freeman, chair and CEO of the company.