PSPINC CEO Kenichi Uchikura's Blog

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Factoria Mall is Redeveloping

10月

15日

1 tweet

One of my favorite restaurants in Factoria / Bellevue closed its for last Friday. Also I saw a sign said Factoria Safeway is going out of business.

https://www.bellevuereporter.com/news/factoria-mall-owners-submit-application-to-redevelop-property/

I read on the news that "Factoria Mall owners submit application to redevelop property" The proposed build-out would create 685 housing units and add 151,000 square feet to the mall.

This is a redevelopment ... I kind of think they missed the boat. The real estate boom is over. If they start now, by the time it is done, there will be big empty spots.