Bosa Development, a Canadian development company, has moved forward with a 21-story condominium tower in downtown Bellevue. Earlier this week, they shared that they had purchased a large property just three blocks away from their other property on Eighth St.
Bosa’s U.S. Director of Sales and Marketing Bemi Jauhal said it is still too early to discuss plans for the second property, but it will have high-end residences. There is currently no start date for sales.
The Puget Sound Business Journal states that “development of urban condos in the Puget Sound region slowed to a halt during the recession,” but it resumed when Bosa broke ground on Insignia in 2012. Last year, when Bosa first came to Bellevue, I noted how “Nat Bosa, the head of the company, is known as a pioneer who enters markets ahead of the pack.”
Multiple companies have recently set their sights on Bellevue and are planning or currently developing new apartment and condo projects. This, and especially trendsetter Bosa’s interest in the suburb, is a testament to our area’s strong economy and the abundance of jobs in Seattle and the Eastside.
Read more from the Puget Sound Business Journal.
Are you ready to buy a home and qualify for the VA loan? Let me help you out! As a local real estate broker in Bellevue, WA and a Veteran of foreign wars, I am committed to help you find the home you deserve through the VA loan.