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April 30, 2021

8 Bellevue towers with 1,518 units, hotel and commercial in design review

By BRIAN MILLER
Real Estate Editor

Renderings by JYOM [enlarge]
In two views along Eighth, the round-edged corner building — with its lower office levels illuminated — is also joined to its neighbor to the west. That building includes a hotel. West of that, the towers step down in height.

There are two main components to Pinnacle International's huge redevelopment plan for the 11-acre former QFC-Fortin family property in downtown Bellevue. Last month we covered what the city calls Pinnacle North, north of Northeast 10th Street. That's expected to be Phase I of the mixed-use project, which is now in design review; we'll recap details below.

South of 10th, Phase II, or Pinnacle South, will replace the main QFC-Bartell complex at 10116 N.E. Eighth St . It, too, is now in design review with the city. For Pinnacle South, the city says that a SEPA determination of non-significance is expected. The public comment period ended yesterday. A public presentation of the project has yet to be scheduled. A new official name will eventually emerge for the entire project.

International architect JYOM is charge of the whole project, on behalf of Pinnacle, of Vancouver, B.C. The Pinnacle South plan is eight towers ringing a central plaza, to range from 10 to 26 stories.

The three shortest towers would be massed to the west, where city zoning steps down to more residential areas. Those would only have apartments, and no retail.

Two 17-story towers, with apartments and a hotel, would run down the middle of the block. And three towers with 25 to 26 stories would run along 102nd Avenue Northeast. (East across 102nd is Avenue Bellevue, another very large project where construction is underway on the first phase of three.)

About 114,000 square feet of retail, commercial and restaurant space would be distributed among the five east towers.

The marquee building on the corner of Eighth and 102nd would also include 125,000 square feet of offices on five lower levels — with floor plates of around 21,000 square feet each. West of that along Eighth, the next building would include a 177-room hotel; and the two would be joined at the podium level with shared amenities, podium-top pool, gym, conference areas and restaurant.

The apartments, in all eight towers, would total about 1,518 units. (It's possible, too, that some might end up as condominiums.) Units would run from one to three bedrooms, in a range from about 650 to 1,290 square feet. About 72 units would be affordable to households making 80% of area median income.

Four levels of underground parking would have about 2,500 stalls. Bike parking would total about 191 stalls for tenants and visitors. Project size above grade is estimated at almost 2 million square feet.

Add to that, north across 10th, Pinnacle North. The basic outline there is seven buildings with nine to 26 stories — again with the taller towers to the east. About 1,181 units are planned, about 64 of them to be affordable.

About 60,000 square feet of offices and 130,000 square feet of retail/commercial space are planned. Three levels of underground parking would have about 1,570 stalls. Size above grade is estimated at 1.5 million square feet.

Pinnacle has to date done most of its work in Vancouver, where JYOM has an office. The team includes JGM Landscape Architects and Ellumus, landscape architects; Insight Engineering, civil; EA engineering, SEPA consultant; PanGeo, geotechnical; and SLR International, environmental consultant.

No general contractor is indicated yet; nor is there a local architect of record involved. Pinnacle has said in its SEPA filings that it hopes to break ground on Pinnacle North in 2023; that could take about three years to complete.

Pinnacle says it could start Pinnacle South in 2027, with completion in about three years. The old QFC-Bartell complex to be demolished dates from the 1960s.

Also in the coming years, Amazon is expected to bring about 25,000 office workers to downtown, some of whom may choose to live there. And Bellevue Downtown Station, set to open in 2023, will be about a 20-minute walk southeast from Pinnacle's site.

The company paid about $145 million for the property in 2018. A financial partner or major lender seems likely before ground is broken. There's also a separate 101-unit midrise apartment plan, west of Pinnacle North, that will likely proceed first.


 


Brian Miller can be reached by email at brian.miller@djc.com or by phone at (206) 219-6517.




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