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Real Estate Development

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BELLWETHER BUILDINGS IN DEVELOPMENT

The Real Estate Development Team oversees new developments, acquisitions, and rehabilitations. They manage all development phases–from planning to opening–including site selection, financing and real estate transactions, construction management and community engagement.  Some developments are owned and operated by Bellwether, and some involve developing joint ventures or operating agreements with partner organizations. 

Consulting Services

In addition, we offer consulting services in real estate development, financing, construction management, and jurisdictional planning for affordable housing in Washington State.

Brightwood

Creating 53 new homes next to the North Seattle Boys & Girls Club in Greenwood.

Brightwood

Greenwood

53 Homes

Opening

2027

Sunbreak

Working with the University of Washington and Seattle Housing Authority, Bellwether is developing Sunbreak tower. This mixed-income high-rise will provide affordable rental housing for workers and families near the UW campus and rapid transit.

Sunbreak

University District

244 Homes

Opening

2028

Prisma

Prisma will offer affordable homes for 328 low-income households for low- to moderate-income households (30-80% AMI), and ground floor uses focused on the local community and transit riders. Thirty-three residential units will be set aside for people living with disabilities.

Prisma

Redmond Overlake Village

328 Homes

Opening

2028

Thunderbird Nest

Bellwether Housing and Chief Seattle Club are partnering to build Thunderbird Nest with 209 affordable apartments for people earning 30% to 60% of Area Median Income.

Apartment sizes will range from studios to four bedrooms. A majority of the units will be family-sized two–four bedrooms.

Thunderbird Nest

Liction Springs

209 Homes

Opening

2029

Bellevue Wilburton

Bellwether is developing affordable rental housing for a mixed-use Wilburton neighborhood near the light rail in Bellevue. This building will provide 120+ homes for low to moderate-income households (30-80% AMI).

Bellevue Wilburton

Wilburton

120+ Homes

Opening

2030

Kingway Redevelopment Phase 1

Bellwether Housing is planning to redevelop the Kingway Apartments.

Kingway Redevelopment Phase 1

Rainier Valley, Hillman City

280 Homes

Opening

TBD

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