Seattle-based commercial real estate firm Urban Renaissance Group LLC (URG) and PCCP LLC purchased the 14-acre campus previously known as the Lincoln Executive Center in December 2019 and renamed it Cascade Yard in tribute to the site’s history as a lumber yard. URG and development arm Touchstone are exploring a possible expansion and new uses at the Bellevue office campus located at 3380 146th Place SE.

In this exercise, URG/Touchstone are reviewing opportunities for additional or updated office facilities, more amenities including covered parking and retail opportunities, and an open space adjacent to the site’s newly developed standalone building known as The Yard.

“We are looking into development potential at Cascade Yard through the city of Bellevue’s master development plan process,” said Patrick Callahan, URG founder and chief executive officer. “The adoption of the transit-oriented district code within Cascade Yard’s footprint presents interesting opportunities for campus expansion to serve existing and new tenants.”

Additionally, URG/Touchstone and PCCP are working closely with the city to create a phasing plan that minimizes disruption to the existing tenants at Cascade Yard.

Centrally located near I-90 a block from the Eastgate Park and Ride Transit Center and future East Link light rail, a portion of the site’s redevelopment potential is also being dedicated to residential multifamily housing.