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PMF Plans 1M-SF TOD on 4.8-Acre Sheraton Redevelopment Site in Bellevue

Bellevue, WA-based PMF Investments submitted plans for a new 4.8-acre development project in downtown Bellevue. Located at 100 112th Ave. NE, the site is envisioned to include more than one million square feet of office space, 45,000 square feet of retail space, 145 multifamily units and a nearly two-acre enhanced pedestrian plaza.

The project will be the first TOD across from Sound Transit’s future Bellevue East Main Light Rail Station to reach these key milestones under a new downtown livability plan. PMF purchased the hotel in 2016, prior to the city’s approval of an up-zone for the 65-acre area designated as the Office and Limited Business District.

PMF Investments’ Brian Franklin says, “We’re moving quickly and excited to bring new high-rise office, retail and multifamily to Bellevue as the gateway project for the East Main Station.”

The project is tentatively scheduled to break ground in early 2021, with completion slated for 2023.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
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