Rosehill Development Opportunity – Kirkland, WA
Property Type: Multi-Family
Lot Size: 3.42 Acres
Property Status: Pending
Property Overview: Situated on 3.4 acres and zoned as Neighborhood Mixed Use, this property is an integral component of the recently approved Station Area Plan in Rose Hill.
Desirable Neighborhood: The Kirkland/Rose Hill location boasts excellent proximity to the region’s leading employers, highly ranked Lake Washington Schools, nearly 600 acres of nearby parks, and world-class healthcare facilities.
Opportunity: This offering presents a great opportunity to introduce much needed, high-end residential townhomes to the Kirkland marketplace. Preliminary designs suggest the potential delivery of 95 townhomes or alternatively a combination of townhomes and/or podium style product in two phases. Such a closein “urban core” opportunity is exceptionally rare, with nothing of comparable scale and superior location presently available on the Greater Eastside.
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The Offering: The offering includes 10.39 acres zoned multi-family allowing for a modification of the existing Site Plan Review to approve approximately 122 upscale townhomes. Avalon Bothell Commons: This upscale contemporary village currently built on 13.3 acres provides both retail and master plan amenities seldom found near traditional townhome communities. Commons amenities include over 9,200 […]
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