In the News
“We’re trying to kind of break down some of the big blocks in Bellevue and allow for a really good pedestrian experience coming off of the transit center and then also connecting into the Grand Connection,” Patrick Miller, director of global real estate and facilities at Amazon, said during a panel discussion on construction and growth on the second and last day of the virtual Eastside Leadership Conference produced by the Bellevue Chamber.
Amazon’s vice president of public policy, Brian Huseman, and Microsoft’s president, Brad Smith, will keynote the two-day Eastside Leadership Conference next week. The conference, which is Bellevue Chamber’s most popular event, will happen virtually from 8-10 a.m. on Wednesday, Oct. 6, and from 8-9:15 a.m. on Thursday, Oct. 7.
A survey of 400 people conducted by EMC Research July 8-13 found that 81% of respondents agreed that Bellevue was a good place to do business. They were also asked what the increasing presence of large tech companies meant for the city. Only 12% said they had negatively impacted the quality of life in Bellevue.
The Bellevue City Council has voted unanimously to revise its multifamily tax exemption (MFTE) program following a months-long collaboration with local builders and workforce housing stakeholders. Real estate industry leaders say the changes will transform the rarely used program as the city moves through a period of significant growth.
Washington Federal Bank President and CEO Brent Beardall ended his presentation yesterday during the Bellevue Chamber’s third annual midyear economic forecast on a high note.
Like many cities in King County, Bellevue has a housing volume problem. The city has seen significant growth in the last few decades but the number of available housing units has not kept up with the number of jobs in Bellevue.