Seattle & Northwest + Seattle + Office | May 12, 2023

Amazon Signals Interest in Restarting Three-Tower Bellevue Project

As Amazon.com Inc. employees return to the office, the company is signaling it could resume work on its downtown Bellevue developments to make room for the influx of workers, reported the Puget Sound Business Journal.

The Seattle-based tech giant paused development on multiple towers in Bellevue last year, opting to finish work on only Tower 1 in its three-building West Main project and the lower 19 floors of the 42-story 555 Tower. In early May, the company began seeking tenant-improvement permits for the upper 22 floors of the 555 Tower.

Once the company opens Tower 1 and the lower half of the 555 Tower at the end of this year, it will shift 2,000 employees from Seattle to Bellevue.

But the Business Journal reported Amazon isn’t setting a date either to complete the remaining tenant improvement work in the 555 Tower or to resume construction elsewhere in Bellevue. Instead, it’s lining up the permits in case it needs more space after the return of employees at least three days a week.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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