Eastline Grand brings 311 transit-friendly apartments to the market, debuting the initial phase of the redevelopment of Redmond Square Shopping CenterSince 1999, Legacy Partners has developed 13 multifamily projects with 3,232 homes in the Seattle area
REDMOND, Wash. (May 24, 2024) – Legacy Partners (“Legacy”), a privately held national real estate firm, and joint venture partner Lionstone Investments, announced the completion of construction and start of leasing for Eastline Grand, the first phase of the redevelopment of the Redmond Square Shopping Center in the heart of Downtown Redmond, Washington.The highly anticipated mixed-use development comprises 623 residences over six stories on 3.5 acres. Eastline Grand is the first phase and broke ground October 2021. The second phase, Eastline Central, broke ground in fall 2022, and is anticipated to open in Q1-2025.
“The Eastline redevelopment is in a highly interconnected submarket of downtown Redmond,” said Parker Nicholson, senior managing director for the Pacific Northwest at Legacy Partners. “Eastline’s residents will enjoy the project’s adjacency to Sound Transit’s Downtown Redmond Station — under construction and opening in spring 2025 — as well as to a myriad of quaint shops, restaurants and high-tech employers located within a short walk of the site in Downtown Redmond and the Redmond Town Center.”
Located at 16595 Redmond Way, Eastline Grand features 311 studios and one-, two-, and three-bedroom apartments ranging from 483 to 1,279 square feet, as well as nearly 20,000 square feet of ground-floor retail space. Monthly rents start at $1,995. The residences boast air conditioning and feature top-of-the-line finishes, including chef-inspired kitchens complete with Bertazzoni and Kitchen Aid appliance packages, gas ranges, kitchen range hoods, microwaves built into the casework, and 3cm Carrera quartz countertops. The luxury bathroom finishes include tiled tub surrounds, floating vanities, and illuminated mirrors — all rare offerings for mid-rise apartments in the Pacific Northwest.
The second building, Eastline Central, under construction at 16502 Cleveland Street, will consist of 312 residences and approximately 13,000 square feet of retail and commercial space.
Notable about the development is its walkability, a feature Redmond is actively promoting citywide. Eastline Grand connects to Eastline Central via a European-style pedestrian walkway. Residents are surrounded by green space, including an elevated courtyard with extensive landscaping, fire pits, Hestan BBQ grills, outdoor gaming tables, and ample seating. Residents will enjoy instant access to a two-level state-of-the-art fitness center; club room; pet spa; co-working lounge with Zoom meeting pods; a high-tech audio listening lounge; along with more than 600 indoor and outdoor parking spaces and bike stalls.
“This community is unlike anything we’ve ever built, in terms of its finishes,” added Nicholson. “We used the highest quality interior design features to create the perfect blend of urban and suburban, complemented by a convenient transit-oriented lifestyle and modern residential amenities.”
Tiscareno Associates, a frequent design partner of Legacy, is the architect of record for both Eastline Grand and Eastline Central. Legacy and Tiscareno also partnered on the design and development of two other apartment complexes in Redmond: The Triangle Apartments (immediately to the north of Eastline Central) and Milehouse Apartments.
Legacy Partners has now added more than 3,232 homes to the Greater Seattle market since 1999, with another 600 under construction. Completed multifamily projects include Olympus, Pratt Park, Youngstown Flats, Bowman, and Maris in Seattle; Milehouse, Riverpark, and The Triangle in Redmond; The Maverick in Burien; Providence in Bothell; Bella Terra in Mukilteo; and The Hadley on Mercer Island. In addition to Eastline Central, Copal is under construction, featuring 288 homes in Bellevue.
About Legacy Partners
Legacy Partners (Legacy), a privately held real estate firm founded in 1968 and headquartered in the San Francisco Bay Area, owns, develops, and manages multifamily communities throughout the United States. Since its inception, the company has developed or acquired more than 80,000 apartment homes at more than $8.5 billion in cost. Legacy has regional offices in California, Colorado, Florida, Georgia, Texas, and Washington, and has developed more than 68,000 apartment homes in Arizona, California, Colorado, Florida, Nevada, Oregon, Texas, and Washington. Since inception, Legacy has worked with some of the world’s largest financial institutions, life insurance companies, and real estate companies, consistently delivering exceptional results. Legacy provides management services for its own portfolio, as well as other owners. Combined, Legacy manages a portfolio of more than 50 multifamily communities with almost 12,000 apartment homes, and with a gross value in excess of $3 billion.
About Lionstone Investments
Lionstone Investments uses proprietary research and advanced analytics to identify durable growth and resilient income in U.S. real estate. For over 20 years, Lionstone has refined a data-centric approach, which augments real world experience with sophisticated technology, yielding understanding of the properties and demographics that drive long-term real estate value. It’s what we call the Power of RE: — research, resources, and relationships.
Lionstone is a wholly owned subsidiary of Columbia Management Investment Advisers, LLC. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.
