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November 15, 2024

Capstone plans up to 830 Redmond units, to replace senior community

By BRIAN MILLER
Real Estate Editor

Rendering by Runberg Architecture Group [enlarge]
Overlake Commons would have two trapezoidal midrise buildings, east and west, both with central courtyards.

A few steps east of Overlake Village Station, the two-story Overlake Terrace senior community dates to 1989. It has about 151 units, with memory care and assisted living. That sloping 4.7-acre property, at 2956 152nd Ave. N.E., sold five years ago for over $32 million to Stellar Senior Living of Salt Lake City.


 
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