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Real Estate

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February 12, 2024

265 units might begin at Factoria next year

Real Estate Editor

Rendering by Runberg Architecture Group [enlarge]
The Phase I apartments would go on the mall’s northwest corner, which is now mostly parking.

Kimco Realty began mulling new uses for its 43-acre Marketplace at Factoria before the Great Recession. By 2018, it had secured a master development permit from the city of Bellevue. The general notion then was to first add apartments, then later possibly more retail, a hotel and finally more apartments. Then came the pandemic.

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