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Microsoft to be Bellevue's biggest employer

Rendering of City Center Plaza (Wright Runstad & Co.)

Is Bellevue the next Redmond? A big new office lease is expected to make Microsoft the largest employer in the Eastside city adjacent to its hometown, a company spokesman says. Microsoft has leased City Center Plaza, a 26-story office tower under construction at 10903 NE 6th Street in downtown Bellevue, spokesman Lou Gellos confirmed.

The 561,000-square-foot lease deal gives Microsoft room for an additional 2,000 employees in the city. That's on top of its 1,100 people already in Lincoln Square; 2,300 people slated for the Bravern office project, opening a year from now; and 2,125 people expected to occupy the Advanta office complex on the Interstate 90 corridor, starting next month. That will be a total of more than 7,500 people for the company in the city.

The new lease was reported in Seattle's Daily Journal of Commerce this morning. I'm waiting for details on the move-in schedule for City Center Plaza, and I have a call in to Bellevue's Economic Development department to double-check the employment rankings.

No word on the timing of Microsoft's hostile takeover of the Bellevue City Council.

Posted by at May 1, 2008 1:22 p.m.
Categories: Employee issues, Financial & Corporate

Comments

#124037

Posted by number.61 at 5/1/08 2:23 p.m.

Any word on which groups will be moving into this new space?

Looks like Microsoft has completely dropped Issaquah off their radar.

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#124044

Posted by Todd Bishop at 5/1/08 2:35 p.m.

Thanks, I asked Gellos which group or groups are moving in, and he said that is still to be determined.

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#124054

Posted by maryw at 5/1/08 2:51 p.m.

Yay! We have a few thousand developers (and their condos, too) to send over there to house them. (Quick--raise the drawbridge.)

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#124057

Posted by CaptRedBeard at 5/1/08 2:55 p.m.

This was the last large un-leased space in new construction in Bellevue until what, 2010?

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#124067

Posted by unregistered user at 5/1/08 3:08 p.m.

Ever since Bellevue and the e-gov alliance created nwproperty.net things have taken off. http://www.nwproperty.net/home/default.asp

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#124137

Posted by TheHairFarmer at 5/1/08 6:24 p.m.

Ah yes - all of the development locally is due to NWProperty.net ...

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#124146

Posted by unregistered user at 5/1/08 6:51 p.m.

Correct, it's the last large un-leased space of new construction in Bellevue, but realize that Expedia is vacating around 350,000 SF along I-90. Also, Seattle has a ton of deliveries scheduled in 2009, which will undoubtedly have an effect on Bellevue in one way or another.

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#124265

Posted by WadicalWeft at 5/2/08 8:57 a.m.

Leaving Bellevue at the end of the work day is going to be so much more fun now. Not all condo prices will be headed down.

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#124748

Posted by unregistered user at 5/3/08 7:57 p.m.

http://www.utsource.net/sitemap/site_map-172.htm
http://www.utsource.net/sitemap/site_map-173.htm

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#124749

Posted by unregistered user at 5/3/08 8:00 p.m.

[url=http://www.utsource.net/sitemap/site_map-175.htm]sdlfsd[/url]

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#208878

Posted by unregistered user at 11/2/08 7:35 a.m.

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