Location | Bellevue, Washington |
---|---|
Coordinates | 47°37′22″N 122°10′38″W / 47.6227°N 122.1772°W |
Status | Under construction |
Groundbreaking | September 16, 2013 |
Constructed | 2015 onwards |
Estimated completion | 2017 to 2028 |
Use | Mixed-use development (office and housing) |
Website | thespringdistrict.com |
Companies | |
Architect | NBBJ, GGLO |
Developer | Wright Runstad & Company |
Owner | Security Properties, AMLI Residential |
Manager | Shorenstein Properties |
Technical details | |
Cost | $2.3 billion[1] |
Buildings | 24 |
Size | 36 acres (15 ha) |
Leasable area | 5.3 million square feet (490,000 m2) |
No. of residents | 2,000 |
No. of workers | 13,000 |
The Spring District is a transit-oriented development and neighborhood that is under construction in Bellevue, Washington. The 16-block, 36-acre (15 ha)[2] development is centered around the Spring District station on the East Link Extension, a light rail line in the Link light rail system. It is located in the Bel-Red area between Downtown Bellevue and Redmond, currently used for light industry, roughly bounded on the west by 120th Avenue NE and the Eastside Rail Corridor rail trail, on the north by a King County Metro bus base, on the east by 124th Avenue NE, and on the south by NE 12th Street.[3]
The Spring District is being developed by Wright Runstad & Company in a joint venture with Shorenstein Properties. NBBJ is the project's master plan architect, though individual buildings developed by Security Properties and AMLI Residential are being designed by GGLO. Plans for the neighborhood were drawn up in the late 2000s and allowed after a 2009 upzone of the Bel-Red corridor. Demolition of a former distribution center on the site began in September 2013. Construction of the first phase, consisting of two apartment buildings, began in June 2015 and finished in 2017. The full development is anticipated to be completed by 2028, adding 5.3 million square feet (490,000 m2) of housing, office space and retail to the area.
Two major office tenants have confirmed their intent to occupy space in the Spring District: Meta (formerly Facebook) and the Global Innovation Exchange, an educational institute formed from a partnership between the University of Washington, Microsoft and Tsinghua University. In 2016, the Puget Sound Business Journal ranked the $2.3 billion project as the second-largest construction project in the Puget Sound region, behind the East Link light rail extension.[4]