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Clarion Partners Plans 17-Story Bellevue Office Tower with KG Investment Partners
New York City-based Clarion Partners plans to develop a 17-story, roughly 356,000-square-foot office tower in downtown Bellevue. The project would be built on a site at 400 108th Ave. N.E. that Clarion acquired last year for $53.5 million.
The co-developer on the project is Bellevue-based KG Investment Partners, while ZGF Architects will design the project. Plans also call for 8,000 square feet of ground-floor retail as well as 730 subterranean parking stalls.
The developer envisions transforming the site with a tower that supports a “rich, urban experience for downtown Bellevue pedestrians, bicyclists and workers.” Currently the underutilized site contains the 1960s-era Washington Federal building and is in a prime location surrounded by expanding companies such as Amazon, Facebook, Google and Microsoft.
The Broderick Group’s Grant Yerke and Matt Schreck are handling the office leasing assignment for Clarion and KG Investment.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
