Scheduled for completion the last quarter of 2018, the new Meydenbauer Bay waterfront park promises to be bigger and better than ever. The park expansion has been in the planning stages for years while the city acquired properties and obtained funding to create the new waterfront park. The public will have access to 700′ of lakefront, a much larger swimming beach, bath house with rest rooms, changing rooms and locker rooms, a public marina and a unique pedestrian pier that will allow you to walk out over the water. Terraced grounds will provide plenty of space for picnics, relaxing and taking in the lake view. Rentals of non-motorized boats and paddle boards will also be available.
Bellevue’s waterfront is only 1 1/2 blocks from the Downtown Park. The lakefront park expansion will better connect the city’s waterfront to the Downtown Park and eventually to the Grand Connection.
Robin Myers is a Realtor® with Windermere Real Estate specializing in downtown Bellevue’s condominium residences.
No doubt the road closures throughout the city have been frustrating – be patient and flexible as those detours will continue for the next several years as the light rail construction progresses toward the 2023 opening. Those tall green walls at the corner of Main Street and 112th Avenue NE shelter the construction activity and progress being made on the light rail tunnel under downtown Bellevue that will eventually come to the surface and connect to the light rail station which will be located just east of the Bellevue Transit Center.
Click the link above for a fascinating look at the light rail tunnel construction currently in progress under downtown Bellevue’s streets. Given the scope of activity and progress, I’ve got to applaud Sound Transit for how well the the road closures have been announced and marked on the streets throughout downtown.
No doubt there will be more closures, traffic issues and inconveniences in the coming years, but keep your eye on the prize at the end. Light rail is going to be an amazing addition to the Seattle/Bellevue metropolitan area, providing traffic relief and a huge benefit to commuters. If you’ve ever visited other parts of the US where light rail already exists (Boston, Washington DC, Chicago, Portland) you know it will be well worth the wait.
How does commute time impact local home values and buyer’s decisions on neighborhood selection?
According to the US Census, Americans rank having a short commute second only to low crime rates when it comes to determining where to buy or rent a home. One study found that New Yorkers will pay nearly $60 more a month in rent to trim just one minute off their commute. That trend is the same locally – buyers are willing to pay more for a home if it offers an easier commute. As a result, areas in King County with shorter commutes have higher home values.
Urban locations close to employment centers can be expensive, but efficient public transit will level the playing field, providing a more reasonable commute that reaches more affordable housing choices. In our area, the future expansion of light rail on the Eastside and north along the I-5 corridor will have a positive impact on many neighborhoods. Finally, developers are starting to take a closer look at demographics and buyer wants/needs, planning mixed use and multifamily housing near future light ail routes and transit centers. Continue reading
Another new restaurant, Henry’s Tavern, is scheduled to open August 30th at Lincoln Square. Henry’s Tavern is best known for its wide selection of beers on tap, its frosted bar rail to keep beers cold and a vast menu. This will be the sixth Henry’s Tavern for Restaurants Unlimited, Inc.
Henry’s opened in Portland in 2004 and expanded to Seattle in 2013 with a Sodo location. This is the second Bellevue location for Restaurants Unlimited, Inc. – the other is Palomino. The restaurant will be 11,000+ SF with a 700 square foot patio and a keg wall – a two tiered glass cooler that has all kegs on display.
Henry’s Tavern will join several other restaurants that have already opened or are scheduled to open in the coming weeks at Lincoln Square expansion.