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Real Estate
 Marc Stiles Real Estate Editor |
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April 7, 2005
Real Estate Buzz: Bellevue is selling its first TDRs
By MARC STILES
Real Estate Editor
Real Estate Editor
Brokers and developers are buzzing about an offer from the city of Bellevue that is expected to create a bidding war and result in significantly taller buildings in parts of downtown.
The city is selling 432,000 square feet of transferable development rights. While this is common in Seattle, it's a first for Bellevue, according to Jim Firestone, the senior real property agent for Bellevue.
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Previous columns:
- Real Estate Buzz: Developer wants to LEED with housing, 03-31-2005
- Real Estate Buzz: Rumor mill churns on 2nd & Pine, 03-24-2005
- Real Estate Buzz: Will Seattle ease up on parking?, 03-17-2005
- Real Estate Buzz: Rumors fly over Four Seasons penthouse, 03-10-2005
- Real Estate Buzz: Phasing rail could be boon for builders, 03-03-2005
- Real Estate Buzz: Public Safety Building plan 'revisited', 02-24-2005
- Real Estate Buzz: Ravenhurst ties up Goodwill site, 02-17-2005
- Real Estate Buzz: Retail expansion: fact and fiction, 02-10-2005