Deal settles developers' dispute over Bellevue project

Posted: September 8, 2012 at 1:17 pm


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Originally published September 7, 2012 at 8:22 PM | Page modified September 7, 2012 at 9:58 PM

Bellevue Square developer Kemper Freeman Jr. and Seattle-based development firm Wright Runstad may still be competing for tenants for their ambitious projects on opposite sides of Interstate 405.

But they're no longer fighting over the traffic Wright Runstad's planned Spring District project will bring to the Bel-Red Corridor and roads leading downtown.

After three years of conflict which played out in last year's City Council elections the battle came to a close this week before a city hearing examiner: The two developers reached agreement on what's needed to make sure roads don't become gridlocked.

Freeman's Kemper Development and Wright Runstad signed on to a four-way deal Thursday that will allow construction of 1.5 million square feet of office space in The Spring District without further traffic studies.

But Wright Runstad and its partner, Shorenstein Properties, will be required to do a detailed analysis of future traffic congestion before building the remainder of the 5.4 million-square-foot project on the site of a former Safeway distribution center.

The Spring District is expected to bring 13,000 office workers, 2,135 residents and 10,000 parking spaces, sparking redevelopment of the 900-acre industrial area east of downtown. Sound Transit plans to open a light-rail station on the site in 2023.

Kemper, Wright Runstad, the Brierwood Center strip mall and the city of Bellevue signed the agreement after two days of testimony before the hearing examiner. Kemper and Brierwood withdrew their appeal of The Spring District's master plan approval in exchange for the city requiring a future study of cumulative traffic impacts.

The city previously had decided that a traffic study for the entire Bel-Red Corridor, together with phased studies of The Spring District impacts, was sufficient.

The hearing examiner is continuing to take testimony on a separate appeal by Lake Bellevue condominium and business owners, who fear the nearby development could bring flooding, water pollution, a drop in the lake's water level and possible damage to buildings built on peaty soils.

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Deal settles developers' dispute over Bellevue project

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September 8th, 2012 at 1:17 pm




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