Bosa Development officially broke ground last week for the One88 – a 21 story luxury condominium community. This will be the first new condo development in downtown Bellevue since the construction of Bellevue Towers and Washington Square nearly ten years ago. The One88 tower will be rise 21 stories with 143 homes offering one, two and three bedroom residences and penthouse floor plans as well as luxury owner amenities.
Located at the southwest corner of Bellevue Way NE and NE 2nd Street, One88 replaces a collection of low rise buildings where the former Robbins Brothers jewelry was located.
Bosa also developed the successful Insignia condominium towers in Seattle and will also develop the full block city property between Third and Fourth Avenues in Seattle. Plans include a 520 unit residential high-rise and public plaza. Last fall Bosa purchased a second development site in downtown Bellevue. Prices and floor plan details have not yet been released for the One88 community. Marketing and pre-sales are scheduled to begin in early 2018.
There continues to be high interest in urban living and high demand for condos in the downtown Bellevue marketplace. With continuing low inventory buyers have very little to choose from. No doubt One88 is going to be a welcome addition to the downtown skyline. I’m looking forward to the release of more information on this community.