August 1, 2014
Security Properties buys land for 309 apartments in Spring District
By NAT LEVY
Journal Staff Reporter
http://www.djc.com/news/re/12068335.html
Images courtesy GGLO [
enlarge]
Wright Runstad & Co. will build a two-acre park near Security Properties’ apartments.
A pedestrian courtyard will weave through the five apartment buildings. [
enlarge]
An entity related to Security Properties bought land from Wright Runstad & Co. for a five-building apartment complex, which will be the first project in the 36-acre Spring District in Bellevue.
Property records show Security Properties paid $10.7 million for the land.
The buildings will range from three to nine stories and have a total of 309 units.