Hebert Research Inc. Credited With Major Role in the Lincoln Square Expansion

Apr 05, 2016 Mark

Press Release (ePRNews.com) - Bellevue, WA - Apr 05, 2016 - Friday, March 11th, 2016 marked the celebrated and much-anticipated topping-off ceremony of the expanded Lincoln Square in Bellevue, Washington. Kemper Development Co. developed the expansion package, as owner and operator of the tower at 400 Lincoln Square, between NE 6th and NE 8th on Bellevue Way.

During the commencement celebration, Kemper Development Chairman, Kemper Freeman Jr., recognized the contribution of Hebert Research, stating, “Kemper Development could not have done this project without the great research provided by Hebert Research.” Jim Hebert, founder of Hebert Research, replied, during the commencement, that he was “amazed by the ways Kemper Freeman has used Hebert Research’s research to assist in Kemper Development’s major expansion plans.”

The Lincoln Center Tower features unobstructed views of Mount Rainier to the south and of Lake Washington and the Olympic Mountains to the west. The site includes 710,000 square feet of Class A Premier Office space, as well as over 180,000 square feet of retail, dining, and entertainment. The W Hotel also occupies the building, along with 231 residential units, leading the tower to a total of 1.5 million square feet. Spaces are leasing quickly, with some famed leaders already announced, such as former Microsoft CEO, Steve Ballmer, who has leased the entire 30th floor of the 400 Lincoln Square project. Across the street sits the popular Bellevue Square shopping center. Based on research provided by Hebert Research, Bellevue Square gets over 22 million visitors per year. Jim Hebert estimates that the new Lincoln Square expansion will create roughly 4,000 immediate new jobs, and an additional 2,500 jobs indirectly.

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