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March 29, 2016

REI may decamp to the Spring District

BELLEVUE — REI said it has a non-binding deal to take eight acres in Bellevue's Spring District for a new headquarters campus.

The outdoor company said in a statement today it has outgrown the space in Kent it has called home since 1988, and has been looking for a new location for several months.

The deal is not final, and REI said it can pull out at any time with no penalties. REI said it will decide by the end of the summer whether to go ahead with a Spring District campus.

REI could open a new headquarters there by 2020.

REI's named these firms as partners for the potential campus: developer Wright Runstad & Co., architect NBBJ, Heartland LLC and Hornall Anderson.

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