Retrofit Atlas

Big boxes · Washington

Sears site at Overlake Plaza

Imported, unreviewedRedevelopedRetrofit proposedRedmond, WA

14-acre Sears site (closed 2018) in Redmond, WA, zoned for mixed-use; marketed for redevelopment amid active housing construction in King County. · summary, model-written

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Site profile14 elements · what this retrofit is built with · tap a chip for the evidence

Former anchors
SearsThis site: Sears wikipedia · all sites with this
Finance and pipeline
Retrofit in the pipelineThis site: …proposed newtypes-extraction · all sites with this
Place
3+ other atlas sites within 10 kmThis site: 8 within 10 km computed · all sites with this
30,000+ vehicles a day on an adjacent roadThis site: 83,708 on SR 520 fhwa-hpms · all sites with this
County permitting 2,000+ apartment units a yearThis site: 7,119 units, King County census-bps · all sites with this
County typical rent $2,000+This site: $2,323/mo zillow · all sites with this
Interstate or freeway within 600 mThis site: SR 520 fhwa-hpms · all sites with this
Scale
Under 20 acresThis site: 14 acres newtypes-extraction · all sites with this
Strategy
RedevelopedThis site: record · all sites with this
New use
HotelThis site: …new_use field record · all sites with this
HousingThis site: …new_use field record · all sites with this
Mixed useThis site: …new_use field record · all sites with this
OfficeThis site: …new_use field record · all sites with this
Retail (continued)This site: …new_use field record · all sites with this

All elements and lists · Trends

Now

StatusRetrofit proposednewtypes-extraction reported
StrategyRedevelopment, proposedWikipedia no source
New useshotel, housing, mixed, office, retailWikipedia no source

Planning

Zoning changeZoning allows for flexible mixed-use developmentnewtypes-extraction reported

Site context

Housing permits, King County (WA), 20247,119 units in 5+ unit buildings, 1,093 in 2–4, 2,352 single-family; 2023: 7,274 in 5+Census BPS
Other atlas sites nearby8 within 10 km, 19 within 25 km: Overlake Seritage property (0.0 km); Overlake Plaza (0.0 km); Kirkland Parkplace (5.6 km); Kirkland Heights (6.3 km); Totem Lake Mall (6.4 km)computed
Retail trade in the county, 2025 (BLS QCEW)102,448 jobs in 5,725 establishments; average annual pay $60,273; employment location quotient 0.72; employment -1.1% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 202211,465 jobs; 679 in retail trade, 1,970 in accommodation and food (workplace blocks summed to tract 53033032331)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 49th income percentile as adults; -0.3% incarcerated at the 2010 count (93 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; 3% of residents more than 1 mile from a supermarket; poverty rate 7.3%; median family income $134,688; 123 SNAP householdsUSDA ERS
SchoolsLake Washington School District (PK-12); 5 public schools within 1 mile: Benjamin Rush Elementary; Redmond Elementary; Contractual Schools; Old Redmond SchoolhouseNCES EDGE
Elevation40 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-20258 county-logged events: 6 heavy rain, 1 debris flow, 1 flood; $34,994,000 property damage reported; 1 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 98052, 2026-09median list price $1,050,975 (-19.5% on the year); 192 active listings; median 40 days on market; 15% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20235,912 establishments (-10%); 104,570 jobs (+8%)Census CBP
Housing market in the countytypical home value $824,870 (-2% 1 yr, +7% 5 yr); typical rent $2,323/mo (+2% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)83,708 vehicles a day on SR 520 (freeway or expressway, 6 lanes); 2,963 trucks; 34 counted segmentsFHWA HPMS
Site metrics19,143 sq ft GLA per acre; FAR 0.44computed

Summary, model-written

Sears at Overlake Plaza closed in 2018 (14 acres, 268k sqft GLA). Demolition completed by 2022. Site marketed for redevelopment in 2026.

Why. Zoning allows mixed-use development. County population grew 4.6% (2018–2023). Median rent $2,035. King County permits show 10,504 residential units approved in 2023–2024 (mostly multi-family).

Where it stands. Status listed as 'proposed' but cluster data shows 'Overlake Plaza' (same site) as 'proposed' at 0km distance. No current developer named. Permits indicate active housing construction in the area.

For a planner

  • Zoning flexibility supports proposed uses (hotel/housing/office).
  • County housing demand aligns with new-use strategy.
  • Traffic: SR 520 freeway (6 lanes, 83k ADT) nearby.

For a developer

  • 14-acre parcel is large for redevelopment. GLA per acre: 19,143 sqft.
  • No current value per acre data. Housing market shows ZHVI $824k (down 2.2% YoY).
  • Inconsistent status: Record says 'proposed' but cluster lists same site as 'proposed' at 0km.

What we do not know yet

  • No developer or timeline specified.
  • Demolition completed in 2022 but site marketed in 2026 (4-year gap unexplained).
  • No parcel value or current ownership details.

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

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Multifamily screen

  • already in play: under construction, approved, or sold to a developer with housing plans
  • county grew 4.6% 2018–23
  • median rent $2,035
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Opened1971newtypes-extraction
Closed2018newtypes-extraction reported
Acres14.0newtypes-extraction reported
Gross leasable area268,000 sq ftnewtypes-extraction reported
AnchorsSears
CountyKing County
Census division9 · Pacific
NotesDraft from pointermedia.org, model-extracted, unreviewed: A former 268,000-square-foot Sears store on 14 acres in Redmond, Washington, which closed in 2018 and was demolished in 2022, is now being marketed for a large-scale mixed-use redevelopment.

Not yet recorded: original developer, what is there now, retrofit year. Know it? Tell us.

Timeline

  1. 1971 Store opened
  2. 1971 Opened
  3. 2018 Store closed
  4. 2018 Closed
  5. 2022 Demolition completed
  6. 2026 Property marketed for redevelopment

Sources

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