The Spring District Development

Jones Lang LaSalle, Inc. (“JLL”), as exclusive advisor, is pleased to present the rare opportunity to acquire The Spring District Development Sites (the “Property”), a 6-parcel mixed-use, transit-oriented development opportunity, located in the Seattle region’s booming Eastside market. The Property encompasses a newly activated light rail station and is part of a 36-acre master-planned development with over 4 million square feet of planned and existing development from Wright Runstad & Company and Shorenstein. Development optionality within the Bel-Red Zone provides investors and developers with multiple possibilities to participate in the future of The Spring District.

Decades in the making, The Spring District is centrally located, hyper-connected, and buzzing with activity from recently completed development phases consisting of 792 units of existing multi housing and over 2 million square feet of tech office anchored by Meta Platforms (Nasdaq: META), Snowflake (NYSE: SNOW) and 50k square feet of retail. The Spring District offers a campus-like setting with urban amenities and a walkable community connected by transit and trails. Investors and developers will benefit from this project’s extensive master planning, LEED-ND certification, prime location, potential upzoning, and Bellevue’s growing workforce.

This is a generational mixed-used, transit-oriented development opportunity within Bellevue’s newest neighborhood, bringing together the best of urban and suburban environments.