This approximately 35-acre land parcel is located just 25 minutes outside Seattle in Bothell, King County, Washington. With spectacular views, excellent zoning with multiple possibilities for development - both commercial and residential, and visibility/easy access from the I-405 and I-522 freeways, this site offers one of the last major opportunities for development in the area. This property has the potential to accommodate up to a six-story, 1,000,000+ sq. ft. high rise, perhaps for a highly visible company headquarters or a luxury condominium complex, provided conditions in comprehensive plan and development regulations are adhered to.
The 35.46 acres are divided into 3 tax parcels: Parcel A: 16.40 acres zoned R 2800, formerly R-15 (multifamily zoning - 15 dwelling units per acre),OP (office professional) Parcel B: 10.92 acres zoned R 9600, formerly R-4 (residential zoning - 4 dwelling units per acre) Parcel C: 8.14 acres total with approximately 5 acres zoned R 9600 and approximately 3.14 acres zoned R 2800, OP and NB (neighborhood business).
The site consists of hillside topography that includes some sloped acres. Some challenges with the site include small water courses and overhead electric transmission lines. The City of Bothell is open to the diversion of the subject culverts which will allow for an increase in the building footprint provided proper hydration of adjoining wet areas can be performed, and 1. Favorable biological findings vis a vis the site's sensitive environmental features. This includes wetlands and watercourses, as well as successful hydration of these wetlands. 2. An end-user site plan that is suitably vertical in nature to warrant such consolidation. All utilities are available for this property.
One of the LAST available large sites in Bothell contiguous to the successful Bothell Business Parks and across from the new University of Washington eastside campus. The site is only 15 miles outside Seattle, 8 miles from Bellevue/Redmond and 5 miles from Kirland. The property also boasts views of the majestic Olympic mountains.
Detailed Documents
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4.
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