BOTHELL, WA-Leading the largest municipal downtown project in the state, the City of Bothell recently celebrated the success of a significant capital project with the opening of the new State Route 522 alignment. The $60-million dollar project, called Crossroads, is the largest single capital investment in the City's history.
The project shifts SR 522 one block to the south, decoupling SR 522 from Bothell's Main Street. It will improve capacity for the 46,000 plus vehicles that pass through the intersection daily, add commercial blocks to the downtown core and increase the Park at Bothell Landing.
The project team includes: Perteet Inc., Parsons Brinckerhoff, HWA GeoSciences, Hough Beck & Baird, Freedman Tung & Sasaki, Atkinson Construction, KLB Construction and Totem Electric.
It also takes downtown redevelopment to the next phase. The old SR 522 alignment will now become an east-west connection with future development that will extend Main Street and complete the City's downtown street grid.
By extending Main Street to the west and developing a Boulevard along Bothell Way NE the City will connect historic Main Street to new development west of Bothell Way NE.
“The Crossroads Project will mean less cut-through traffic in our residential neighborhoods and a quicker commute,” says City Mayor Mark Lamb. “This project also represents another major milestone in revitalizing our historic downtown. Crossroads is part of a multi-year effort to redevelop downtown with new residential, retail, office, mixed-use and an expanded park system. Today, that vision is one major step closer.”
Bob Stowe, Bothell City Manager, adds that “Our community's vision is coming to life as public investments are attracting private vertical development. Bothell's re-imagined downtown will not only create jobs and new economic opportunities, it will create a sense of place and commons for friends and family to enjoy.”
The City formally started its revitalization process in the spring of 2005 when residents, businesses, schools, and government came together to develop a fresh new vision for Bothell's future. Economic projections indicated that, over a 25-year period, the City's public improvements and strategic actions would leverage $650 million in private investment. Currently, over $200 million in private investment is in the development pipeline or under construction today.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
