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MainStreet Property Group Breaks Ground On The Landing, A ‘For Sale’ Residential Housing Project In Downtown Bothell

Construction of High-Demand Housing in the Heart of Downtown Bothell at ‘The Landing’ Townhomes Now Underway

Townhomes to be Located Near High-Quality Dining, Retail Offerings in MainStreet’s Popular New ‘The Junction’ Mixed-Use Development

Kirkland, Wash., February 2, 2018 – MainStreet Property Group LLC (www.mspgroupllc.com)(“MainStreet”), a full-service Kirkland-based real estate developer, today formally announced the groundbreaking of The Landing, its first developed ‘for sale’ townhome project. The Landing is located in the heart of the emerging downtown Bothell.

The Landing (www.liveatlanding.com) features 58 for sale units and is located at 18406 96th Avenue NE within blocks of the high-quality commercial offerings featured in MainStreet’s popular new mixed-use development, ‘The Junction.’ The Landing will bring sought-after housing product to downtown Bothell, furthering its residential offerings as part of the city’s vision for its downtown core.

“Our leadership team has deep roots in single-family home development and construction, and while our focus so far at MainStreet has been primarily targeted toward commercial multifamily and mixed-use developments, we are excited about launching The Landing which has been in the works for a while now and shows our diverse capabilities as a developer which now includes for-sale homes,” said MainStreet Property Group President Kelly Price.

Price further stated, “We’ve been able to bring elements of our commercial development expertise into the single-family arena at The Landing and believe our customers will appreciate the new standards we are setting with our level of quality, finishes and design that is included with every home.”

Prior to starting MainStreet Property Group, President Kelly Price and CEO Eric Campbell were the executive leadership team at CamWest Development LLC, a leading for-sale home builder throughout the Puget Sound Region for many years. Both leaders helped facilitate the sale of CamWest to Toll Brothers in 2011.

The Landing: New High-Demand, For Sale Housing in the Heart of Downtown Bothell
Located in the heart of downtown Bothell, ‘The Landing’ project will feature 12 buildings totaling 58 total units. With three floors per building, available floor plans will include two-, three- and four-bedroom offerings.

The Landing is also located within blocks of MainStreet’s mixed-use 130-unit ‘for lease’ project ‘The Junction’ that opened its doors just this month. The Junction will bring strong high-quality dining and services to downtown, with the opening of The Everett Clinic as well as soon-to-open PinkaBella Cupcakes, Poquitos Mexican Restaurant, Prime Steakhouse, Stack Burger & Whiskey Bar and First Financial Northwest Bank.

“The new suburban experience in Downtown Bothell is where people want to be. Our team is excited to be bringing thoughtful planning and execution of another product offering to potential buyers who are looking to be part of this community,” said The Landing General Manager Katie Cartwright.

The development is located within walking distance to new restaurants, shops, the revitalized Bothell Landing park, the Bothell Public library and the popular 27-mile Burke Gilman Trail. Also, the redeveloped historic McMenamin’s Anderson School featuring restaurants, outdoor dining, movie theater, live music, large indoor swimming pool and shopping is located just steps from the project.

The first building at The Landing is slated for completion in summer 2018, and a model home/sales presentation center is targeted to open early this summer. For more details, visitwww.liveatlanding.com to join an interest list.

MainStreet Property Group: Veteran Local Team
MainStreet Property Group is a locally-owned and operated real estate development firm led by local real estate veterans Eric Campbell and Kelly Price. The firm has been one of the most active Eastside developers in recent years and has worked extensively in Bothell, WA where The Landing is located.

The project will be constructed by GenCap Construction, Corp. (www.gencapconstruction.com), a commercial general contracting and construction management firm recognized as a regional leader in the built environment. GenCap was the recent recipient of the Puget Sound Business Journal’s 6thFastest Growing Private Company in Washington in 2017.

In addition to The Landing, the firm has developed additional projects in Downtown Bothell, including: Six Oaks Apartments + Retail (Sold 2016), the (104) Apartments and the Junction. Additionally, MainStreet has developed several additional projects on the Eastside, including: The Carter on the Park, the Heron Flats + Lofts, and The Bond in Redmond, Wash., The Sky in Sammamish, Wash., The Spencer 68 Apartments + Lofts, The LINQ Lofts + Flats, Spencer South Commercial, Restaurant and Residential in Kenmore, Wash., and The Slater 116 Apartments in Kirkland, Wash.

About MainStreet Property Group.
MainStreet Property Group and its family of companies develops, constructs and operates remarkable residential communities and commercial spaces with the goal of delighting our customers. To do this, MainStreet encourages innovation and creativity to foster unique perspective that emphasize thoughtful, environmentally-friendly approaches. As a leading Puget Sound developer with a focus on the Eastside, MainStreet has been a meaningful leader in the revitalization efforts of downtown Bothell, Kenmore, Redmond and Sammamish, and has completed multifamily projects across the Eastside region. In addition to MainStreet Property Group, the MainStreet family of companies includes GenCap Construction Corp., a commercial general contractor (www.gencapconstruction.com) and Insite Property Solutions LLC, a property management company (www.insiteps.com). You can learn more about MainStreet Property Group LLC at: www.mspgroupllc.com.

About GenCap Construction Corp.
Based in Kirkland, Wash., GenCap Construction Corp. (GenCap) is a commercial general contracting and construction management firm specializing in constructing large-scale mixed-use, multi-family and retail developments and tenant improvements throughout the Puget Sound. Recognized as a regional leader, GenCap takes a proactive approach to every project—with emphasis on consistent, measured growth and a desire to make a positive impact on the built environment—and was named the 6th Fastest Growing Private Company in Washington State by the Puget Sound Business Journal in 2017. Recent projects include The Junction and Social Grounds in Bothell, Wash., The LINQ Lofts + Flats, The Spencer 68 and Kenmore Parklet in Kenmore, Wash. http://www.gencapconstruction.com