on the market
Listings/Kirkland Waterfront Development Site
Kirkland Waterfront Development Site
Mixed-Use Redevelopement in the Heart of Juanita's Waterfront
The Owner of the Property is seeking a development partner to guide the redevelopment of the Property through a re-zoning process to achieve its highest-and-best use.
Request for Proposal
Primary Objectives
- Re-Zoning to Higher Density & Height
- Achieve Entitlements for Redevelopment to Mixed-Use
- Residential Use
- Development & Construction
- Leasing, Stabilization & Operation within Joint Venture
The Owner will also consider a fee sale at any of the above stages.
Project Goals
The Owner will consider a variety of outcomes. The goal of this RFP process is to select a partner that offers the most compelling proposal.
Outcomes for Consideration
- Joint venture with Owner retaining 50% ownership
- Joint venture with Owner retaining less than 50% ownership
- Joint venture with long-term hold strategy, call options considered
- Joint venture with short-term hold strategy
- Sale of Property in short term, or at
entitlement approval
Site Details
Address
9755 NE Juanita Dr, Kirkland, WA
Parcel
179150-0359
Site Size
54,886 Sqft / 1.26 Acres
Zoning
JBD4 (Juanita Business District)
Property Details
Current Use
Single Tenant Retail
Tenant
Michaels Arts and Crafts
Building Size
18,387 SF
Year built
1960
Location
Open Google MapsKirkland Waterfront Development Site
9755 Juanita Dr NE
Kirkland, WA 98034
Units: 115 (Massing)
Price: Request for Proposal