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Developer Sells Off Property, Plans for Apartments in Bellevue, Washington

Vulcan Inc. Buys Nearly Shovel-Ready Bel-Red Site From Apartment Arm of Marcus & Millichap
Vulcan Inc. has bought the land and plans for a multifamily development in the Bel-Red corridor, a growing district that falls between downtown Bellevue and Microsoft's world headquarters campus to the northeast. (Courtesy of Vulcan Inc.)
Vulcan Inc. has bought the land and plans for a multifamily development in the Bel-Red corridor, a growing district that falls between downtown Bellevue and Microsoft's world headquarters campus to the northeast. (Courtesy of Vulcan Inc.)
By Clare Kennedy
CoStar News
July 27, 2021 | 7:24 P.M.

With permits in hand and the finish line well within sight, SummerHill Apartment Communities has decided to sell a 1.4-acre Bellevue property where it had planned to construct an eight-story building with 249 apartments.

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