Like the evergreen trees that pepper the city, Redmond is growing. The city’s numerous technology jobs, fueled by Microsoft and companies started by its former employees, have some developers considering the suburb central to their growth plans.
For MainStreet Group, one intersection in particular is getting a great deal of attention. The Kirkland-based firm last week began construction on a 95-unit apartment complex named Heron Flats and Lofts. The Heron will be MainStreet’s second building at the intersection of 159th Place Northeast and Bear Creek Parkway – The Carter on the Park, a 180-unit apartment, is expected to be finished this fall.
“The downtown area of Redmond continues to grow and develop and become an active place for people to live and work, and now there is retail and restaurants where people can go at night,” said Kim Faust, senior vice president of development at MainStreet. “Redmond is now a desirable downtown with lots of amenities for residents to go off to.”
Some of these amenities are urban. The Carter and the Heron offer proximity to restaurants, retail, and workplaces in Redmond’s increasingly bustling downtown. But MainStreet has targeted a location that also has outdoor amenities. The Sammamish River Trail, Marymoor Park, Redmond Central Connector, and the former rookery for which the Heron is named are all within walking distance of its two newest projects.
While the pace of development is fast in much of Redmond, Faust and MainStreet “saw a huge opportunity for an area of Redmond that has previously been under-utilized.” With rare under-developed land alongside protected green space, Faust feels MainStreet’s properties on the edge of downtown will offer a unique living experience for future residents.
MainStreet’s two properties won’t be mirror images of each other. The smaller Heron Flats and Lofts will have a sleeker, more modern aesthetic than will The Carter.
“We see Redmond as continuing to grow as a desirable place for people to live and work,” Faust said.