A Vancouver, British Columbia, developer envisions building up to 2,700 residential units, a hotel, and retail and office space in multiple towers spanning two blocks of downtown Bellevue immediately north of Bellevue Square, according to documents recently submitted to the City.
Pinnacle International Development Inc. has applied for master development plan and design review approval for Pinnacle Bellevue North, as well as approval of a master development plan for Pinnacle Bellevue South.
Together, the projects could span about eight years.
The North project — bounded by NE 10th Street on the south, 100th Avenue NE on the west, NE 12th Street (extended) on the north, and 102nd Avenue NE on the east — could begin construction in 2022 or 2023. Occupancy could arrive between 2025 and 2026, according to documents from Pinnacle on file with the City.
It would include seven towers of nine to 26 stories, 1,181 residential units, 129,500 square feet of retail space, 60,200 square feet of office space, and a 1,814-stall underground parking garage.
The retail space would include a 50,000-square-foot pharmacy and a 51,700-square-foot supermarket. This is notable since the South project site that would be constructed later now includes a QFC grocery store and Bartell Drugs, both of which would be demolished.
The site could house about 3,000 residents. Additionally, the project could employ about 324 to 432 people in the retail development, and 150 to 200 people in the office development, the documents say.
The South project — bounded by NE 10th Street on the north, 102nd Avenue NE on the east, NE 8th Street on the south, and 100th Avenue NE on the west — could begin construction about 2027, with occupancy about 2030.
It could include eight towers of 10 to 26 stories, 1,518 residential units, 114,000 square feet of retail space, 125,000 square feet of office space, 177-room hotel, and a 2,500-space underground parking garage. The site could house about 3,800 residents. Additionally, about 600 to 800 people could work in the office and retail space associated with the project, the documents say.
Asked if the housing units would be condominiums, apartments, or a mix, a project representative said the housing type has not been fully confirmed, and declined further comment at this time.
Pinnacle International’s website said the company is “one of North America’s leading builders of luxury condominium residences, master-planned communities, hotels, and commercial developments.” The website adds that it has completed more than 12,000 residences in Vancouver, Toronto, and San Diego, with development plans for another 12,000 residential “suites” located in various master-planned, mixed-use locations in North America
About 5 percent of the total Bellevue residential units would be classified as affordable housing for low-income residents earning at or below 80 percent of the area median income, documents say.
The North site today includes a 66-unit apartment complex and two-story office building that would be razed.
Brad Harwood, chief communications officer in the Bellevue City Manager’s Office, said the North project has more design information as part of its application, which includes design review, because it will be constructed in a single phase following land use entitlement by the City. Land use entitlement takes about a year. But, given the project size, it would likely take longer for Bellevue to review, Harwood said.
The applicant is only seeking a master development plan approval on the South project because it intends to construct this development over a series of phases, he said.
“It’s important to note that the City just received these applications, so it will take approximately 12 months for both Pinnacle North and South to be reviewed,” Harwood wrote in an email.
Public information meetings on the projects will be held in the next couple of months, with dates yet to be determined.