Permitting and Entitlement Process Begins for Pastakia + Associates’ New Residential Project in Downtown Bellevue
Planned Luxury Apartment Designed to Serve Bellevue’s Burgeoning Tech Population; Will be Constructed Atop Site’s Existing Parking Garage
Bellevue, Wash., May 11, 2021 – Pastakia + Associates, a Seattle-based development firm specializing in mixed-use urban infill has, on behalf of Bellevue Plaza Apartments LLC begun permitting and entitlement work on a new approximately 300-unit, five-story multi-family building in downtown Bellevue.
Located at 10850 NE 8th Street, the planned luxury apartment building will be constructed atop the site’s existing six-level parking garage owned by Singapore real estate investment trust Keppel Pacific Oak US REIT.
“With thousands of new tech workers arriving in Bellevue in the next few years, the downtown market needs more quality housing options near these jobs,” said Pastakia + Associates Founder and Principal, Tejal Pastakia. “We’re excited to create enduring value with this new luxury apartment project in such a strong and growing market.”
Permitting and entitlement work is currently ongoing, and once approved, it is intended that construction could begin in fall 2022 with completion to follow in later 2024. Main project team members include Encore Architects (architect), Pastakia + Associates (developer) and Compass Construction (general contractor).