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Another big apartment bet lands in Microsoft's backyard

Third tower would expand Ohio developer’s pipeline in Redmond
The real estate developer formerly known as Ponsky Capital Partners plans to open the Rove Redmond this month. (PCP)
The real estate developer formerly known as Ponsky Capital Partners plans to open the Rove Redmond this month. (PCP)
CoStar News
September 15, 2026 | 6:26 P.M.

A third apartment tower could bring one developer's downtown Redmond pipeline to 731 units, doubling down on its wager on a city where light rail, strong rents and Microsoft-driven growth are attracting new housing investment.

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