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February 23, 2026

Amazon to help fund 146 Bellevue units, all affordable, near Mercer Slough

By BRIAN MILLER
Real Estate Editor

Rendering by Urbal Architecture [enlarge]
Nuovo, at left, opened last summer. Altaire, right, could start next year.

Backed by Microsoft and significant public funding, SRM Development opened a 135-unit affordable housing project in Bellevue last summer. That was Nuovo, the west Phase I component of a two-building project.


 
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