Strip centers · Washington
Bellevue North
Approved 2028 retrofit into housing/retail; senior housing component; supported by regional housing market trends. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile11 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …approved newtypes-extraction · all sites with this3+ other atlas sites within 10 km
This site: 7 within 10 km computed · all sites with this30,000+ vehicles a day on an adjacent road
This site: 170,801 on I-405 fhwa-hpms · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 7,119 units, King County census-bps · all sites with thisCounty typical rent $2,000+
This site: $2,323/mo zillow · all sites with thisInterstate or freeway within 600 m
This site: I-405 fhwa-hpms · all sites with thisUnder 20 acres
This site: 4.22 acres newtypes-extraction · all sites with thisRedeveloped
This site: …two mid-rise apartment buildings with ground-floor retail, built over a shared parking podium with two levels of underground parking; senior housing project of… record · all sites with thisHousing
This site: …two mid-rise apartment buildings with ground-floor retail, built over a shared par newtypes-extraction · all sites with thisMixed use
This site: …new_use field newtypes-extraction · all sites with thisRetail (continued)
This site: …two mid-rise apartment buildings with ground-floor retail, built over a shared parking podium with two levels of unde newtypes-extraction · all sites with thisNow
| Status | Retrofit approvednewtypes-extraction reported |
|---|---|
| Strategy | Redevelopment, approvedWikipedia no source |
| New uses | housing, mixed, retailWikipedia no source |
| What is there now | two mid-rise apartment buildings with ground-floor retail, built over a shared parking podium with two levels of underground parking; senior housing project of roughly 520,000 square feet of floor areanewtypes-extraction reported |
| Retrofit year | 2028newtypes-extraction reported |
| Redeveloper | Wallace Propertiesnewtypes-extraction reported |
Site context
| Housing permits, King County (WA), 2024 | 7,119 units in 5+ unit buildings, 1,093 in 2–4, 2,352 single-family; 2023: 7,274 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 7 within 10 km, 20 within 25 km: Bellevue Manor (0.0 km); 12th Place, Building A (1.2 km); Kirkland Heights (7.0 km); Kirkland Parkplace (7.1 km); Overlake Seritage property (8.0 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, 2022 | 34,657 jobs; 3,861 in retail trade, 2,638 in accommodation and food (workplace blocks summed to tract 53033023807)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 46th income percentile as adults; 1.4% incarcerated at the 2010 count (17 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; poverty rate 6.2%; median family income $157,656; 127 SNAP householdsUSDA ERS |
| Schools | Bellevue School District (PK-12); 6 public schools within 1 mile: Bellevue High School; Central Educational Services; Jing Mei Elementary School; Bellevue Open Doors ReengagementNCES EDGE |
| Elevation | 133 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 8 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 98004, 2026-09 | median list price $2,012,000 (-9.5% on the year); 244 active listings; median 63 days on market; 12% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 5,912 establishments (-10%); 104,570 jobs (+8%)Census CBP |
| Housing market in the county | typical 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) | 170,801 vehicles a day on I-405 (Interstate, 8 lanes); 10,692 trucks; 36 counted segmentsFHWA HPMS |
Summary, model-written
Bellevue North, a 4.22-acre strip mall opened in 1979, is approved for redevelopment into housing and retail. Construction is scheduled to begin in 2028. The project includes two mid-rise apartment buildings with ground-floor retail, built over a shared parking podium with two levels of underground parking, plus a senior housing component totaling roughly 520,000 sq ft. The developer is Wallace Properties. The site is within 1.2km of a proposed development (12th Place, Building A) and part of a cluster of 7 similar projects within 10km. King County’s housing market shows rising rents ($2,035 median) and home values (ZHVI $824,870, up 7.4% over 5 years). Residential construction permits in King County totaled $2.7B in 2024. The project’s status is approved, with Master Development Plan clearance in 2026. Unknown: Current tenant mix, exact zoning, parking count, community feedback, and construction costs.
Why. The record confirms the project is in active development (approved, 2028 start), aligns with regional housing demand (rising rents, ZHVI), and fits a cluster of similar redevelopments. No external context is used.
Where it stands. Status: Approved. Timeline: Construction scheduled 2028. Market context: Supported by county housing market trends and active residential permitting.
For a planner
- Approved retrofit with housing/retail mix
- Within 1.2km of proposed development
- King County housing market data shows demand
For a developer
- 2028 construction start
- Senior housing component (520k sq ft)
- Active residential permitting in county (2024: $2.7B)
What we do not know yet
- No current tenant data
- No zoning details
- No cost or timeline beyond 2028
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.
Similar sites
- Totem Lake Mall, Kirkland, WA · Malls · opened 1973; same strategy: redevelop; also in WA
- Ampang Park, Kuala Lumpur · Malls · similar size (4.5 acres); opened 1973; same strategy: redevelop
- Park+Ford, Alexandria, VA · Office parks · similar size (4.6 acres); opened 1981; same strategy: redevelop
- Former JCPenney building, Edina, MN · Malls · similar size (5.691 acres); opened 1972; same strategy: redevelop
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
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
| Opened | 1979newtypes-extraction |
|---|---|
| Acres | 4.2newtypes-extraction reported |
| Anchors | Panera Bread, The UPS Store, Snapdoodle Toys, BevMo!, Domino’s Pizza, J. Lewis Jewelers, Pet Pros, Adventure Kids Playcare |
| County | King County |
| Census division | 9 · Pacific |
| Notes | Draft from downtownbellevue.com, model-extracted, unreviewed: The Bellevue North project is a four-building redevelopment that would replace the strip mall at Bellevue Way NE and NE 12th Street with 950 apartments and ground-floor retail, with construction scheduled to begin April 1, 2028. |
Not yet recorded: GLA, original developer. Know it? Tell us.
Timeline
- 1979 Center built
- 1979 Opened
- 1996 Center renovated
- 2022 Plans first surfaced
- 2024 Master Development Plan and Design Review applications filed
- 2026 Master Development Plan cleared city review
- 2027 Second-phase work could not start
- 2028 Construction scheduled to begin
- 2028 Retrofit: redevelop
Sources
- Four-Building Redevelopment of Panera Bread Strip Mall Advances ...
8 quoted sentences
Bellevue North
The center was built in 1979
renovated in 1996
Wallace Properties first surfaced plans for the property, then known as Bellevue North Plaza, in June 2022
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