March 30, 2016 Comments Off on Bellevue Targeted by REI Views: 519 California News, National News, Washington, West

Bellevue Targeted by REI

Recreational Equipment Inc. (REI), an outdoor gear cooperative, has signed a non-binding letter of intent to develop eight acres in the Spring District of Bellevue, WA. The 77-year-old company currently owns its 170,000-square-foot headquarters at 6750 S. 228th St. in Kent, WA.

The target of REI’s interest is Spring District, a $2.3-billion project currently under development by Wright Runstad. Though the co-op doesn’t have a formal deal at this time, it is confident it will happen. REI is one of the larger companies in the Seattle area, employing 1,100 people.

Read More at Puget Sound Business Journal

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