LOCAL NEWS

Facebook plans to buy REI’s abandoned building in Bellevue

Sep 15, 2020, 5:09 AM

Facebook announced its plans to purchase the brand new Bellevue building that had been abandoned by outdoor gear retailer REI. The social media company will buy the new, unused building for nearly $368 million, according to the Seattle Times.

REI to ax Bellevue headquarters as it reevaluates remote work policies

Last month, REI announced it would not move into the three-building complex because teleworking has proved to be successful for the company. The company has had all 1,200 headquarters employees working from home since the onset of the COVID-19 pandemic in early March. It’s unclear when they’ll return to an in-person setting, but when they do, REI plans to spread them across a handful of smaller sites across the Seattle area.

The Seattle Times reports that Facebook has more than 5,000 workers in the Seattle area, second only to its Menlo Park, Calif., headquarters.

Facebook had already expanded its presence in Bellevue in November 2019, signing a deal to lease yet another building in the city’s 36-acre Spring District development. The lease was for 325,000 square feet of office space in Block 6 of the Spring District complex, adding on to a 338,000 square-foot lease in Block 16, and 200,000 square feet in Block 24.

Block 16 was expected to finish up construction and open in 2020, while Block 24 is scheduled for 2021. By 2023, Facebook will be completely moved into its Spring District buildings.

“This is more exciting news for Bellevue,” said Joe Fain, president and CEO of the Bellevue Chamber. “Facebook’s expansion on the Eastside not only means more great technology jobs for our region, but it also means being home to another global company that is committed to giving back to our local community.”

Amazon has also recently committed to more office space in Bellevue, announcing that it would adding another 10,000 jobs to its Bellevue operations, committing a total of 25,000 workers to the Eastside in the next few years. In the wake of a recently passed big business tax in Seattle, Windermere Chief Economist Matthew Gardner sees the company’s expansion as a direct reaction to that legislation.

Local News

crime, shooting...
Associated Press

Clark County deputies shoot, kill suspect after pursuit

Authorities say police shot and killed an assault suspect after a pursuit near Vancouver in southwest Washington.
1 day ago
rapid covid test...
MyNorthwest Staff

UW doctor: When to use a PCR versus rapid antigen test for COVID-19

Dr. Geoff Baird with UW Medicine has a simple formula for weighing the two main COVID test types: PCR (polymerase chain reaction) and rapid antigen.
1 day ago
USS John McCain...
KIRO Radio Newsdesk

Naval Station Everett welcomes USS John S. McCain

The USS John S. McCain is now docked at its new homeport, Naval Station Everett.
1 day ago
vaccine booster, heart...
Stephanie Klein

What to know as Oct. 18 deadline for vaccine mandate approaches

The deadline for state workers, including educators, and healthcare workers to show their employers proof that they're vaccinated against COVID-19 is Monday, Oct. 18.
1 day ago
medina...
KIRO 7 News Staff

Police: Two in custody after hit-and-run suspect rams patrol car; officer fires shots

Two people were taken into custody after a driver suspected of a hit-and-run rammed an officer’s patrol vehicle, resulting in the officer firing shots at the car Saturday night in Medina.
1 day ago
Seattle library...
MyNorthwest Staff

Last of Seattle Public Library branch closures from pandemic comes to an end

Seattle has reopened its NewHolly library branch, meaning that for the first time since the start of the pandemic, all 27 of the city's branches are now up and running.
2 days ago

Sponsored Articles

...

How to Have a Stress-Free Real Estate Experience

The real estate industry has adapted and sellers are taking full advantage of new real estate models. One of which is Every Door Real Estate.
...
IQ Air

How Poor Air Quality Is Affecting Our Future Athletes

You cannot control your child’s breathing environment 100% of the time, but you can make a huge impact.
...
Swedish Health Services

Special Coverage: National Prostate Cancer Awareness Month

There are a wide variety of treatment options available for men with prostate cancer. The most technologically advanced treatment option in the Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform.
...
Marysville Police Department

Police Opportunities in a Growing, Supportive Washington Community

Marysville PD is looking for both lateral and entry level officers. Begin or continue your career in law enforcement for a growing, supportive community.
...
Comcast

Small, Minority-Owned Businesses in King County and Pierce County Can Now Apply For $10,000 Relief Grants Through Comcast RISE

Businesses in King County and Pierce County can apply beginning on October 1, 2021, at www.ComcastRISE.com for a chance to receive a $10,000 relief grant.
Courtesy of JWatch Photography....
Experience Anacortes

Summer Fun Activities in Anacortes

With minimal travel time required and every activity under the sun, Anacortes is the perfect vacation spot for all ages.
Facebook plans to buy REI’s abandoned building in Bellevue