Vulcan Sells Bellevue Site for $36M, 2026 Construction Planned

Vulcan Real Estate has sold its planned mixed-use residential development site in downtown Bellevue. The property, located at 206–224 105th Avenue Northeast, was listed by CBRE in June 2025 under the project name Filament.

Vulcan originally acquired the site in 2021 for $25 million, according to public records. The company had planned a two-building mixed-use apartment project known as Filament East and Filament West, totaling 302 residential units with ground-floor retail.

Filament West, also referred to as Plaza 200, was designed as an 8-story residential building. Approved plans included 151 apartment units, 4,332 square feet of retail and service space, and 2.5 levels of below-grade parking with 162 stalls. The design featured a southwest residential entry, a covered entry for the leasing office, and an outdoor seating area with landscaping and public art…

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