Seattle DJC.com local business news and data – Real Estate


June 25, 2026

Redmond pays over $38M for gravel pit

  • The city is planning a new maintenance and operations center on the 9.1-acre site.
  • The city announced the pending deal earlier this month.






    A Redmond industrial property at 18816 N.E. Union Hill Road sold this week for a little over $38.5 million, according to King County records.


    The seller was HM Pacific Northwest Inc., associated with Heidelberg Materials, the successor company to Cadman, which had long owned the property and many others in that area.


    The buyer was the city of Redmond, which is planning a new maintenance and operations center on the 9.1-acre site. Its existing MOC lies nearby to the south; a redevelopment had been considered there, but that plan is now dead. Both MOC sites, old and new, are in the highlands area east of town — near the Costco and Swedish campus.


    Ignoring some random old buildings to be demolished, the land sale was worth about $97 per square foot. Brokers were not announced, but CBRE’s Tom Pehl, Paige Morgan, Chais Lowell, Charles Safley and Brett Hartzell were offering the Heidelberg/Cadman site in 2023.


    Tishman Speyer subsequently floated a logistics plan, as the DJC then reported. Ryan Cos. was working on that 154,275-square-foot scheme until as late as April of this year. So Tishman is suddenly out, and the city is suddenly in.


    The city announced the pending deal on June 10, following council approval. It said in part, “The current MOC serves as the base of operations for about 150 employees and scores of seasonal staff, housing the teams responsible for maintaining Redmond’s critical infrastructure, including roads, sewers, stormwater, drinking water and more. With a crowded footprint and some of its buildings dating back to the 1970s, the facility is now challenged to fully support operational needs.”


    That old complex is at 18080 N.E. 76th St. There, says the city, it “explored the option of demolishing the MOC and rebuilding at its current location. However, doing so would require relocating over 200 staff and their equipment to more than 17 sites.” So that can continue to operate until the new MOC debuts — ideally in 2030.


    The city says it’ll use a progressive design-build (PDB) approach to the project, for which no selection has been made. Design and permitting should last through 2027, says the city, followed by construction during 2028-2030. The budget hasn’t yet been determined.

     


    Brian Miller can be
    reached by email at brian.miller@djc.com or by phone at (206) 219-6517.



    Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *