Avenue Bellevue
Avenue Bellevue is a luxury mixed-use development in Downtown Bellevue, Washington, owned by Silverstein Properties, comprising 365 condominiums in two towers, the InterContinental Seattle Bellevue hotel, curated retail, and The Plaza — now rebranded as Nobu Residences Bellevue, the first Nobu-branded residential project in the United States.
- Company typePrivate
- Founded1957
- HeadquartersBellevue, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Avenue Bellevue does
Avenue Bellevue is a mixed-use luxury real estate development in Downtown Bellevue, Washington, owned and developed by Silverstein Properties, LLC (founded 1957 by Larry Silverstein; HQ New York). The project comprises two residential towers — The Residences (condominiums from the $700k's) and The Estates (larger homes from $1,200,000) — totaling 365 luxury condominiums, the InterContinental Seattle Bellevue hotel (200+ guest rooms), a European town square-inspired public Plaza (designed by PFS Studio), the LE BAR cocktail lounge, and curated ground-floor retail including Jo Malone London, MR., FLEUR, Refine Beauty, Saks Fifth Avenue Club, and Viya Contemporary. Architecture is by Weber Thompson, interiors by Hirsch Bedner Associates, and sales and marketing are handled exclusively by Polaris Pacific.
The development is being repositioned as Nobu Residences Bellevue following a May 2026 partnership with Nobu Hospitality under a limited, non-transferable license, making it the first completed and move-in ready Nobu-branded residential development in the United States, with a future Nobu restaurant anticipated in 2027. Residences feature Italian-crafted Ernestomeda kitchens, Gaggenau appliances, Antoniolupi bathrooms, Gessi fixtures, and Poliform walk-in closets. Pricing spans $700k's to multi-million-dollar Estates units, with a featured 2-bed/2-bath Estates unit at 1,556 total SF listed around $1.39M in the Crafted Home Series.
Revenue is generated primarily through one-time condominium sales (one-time perpetual license model) supplemented by hotel room revenue, retail and hospitality leases (transaction-fee structure), and recurring residential services tied to the Nobu brand license. The customer base targets ultra-high-net-worth individuals and luxury homebuyers in the Pacific Northwest, sold through a direct sales motion (Sales Gallery at 811 Avenue Sq NE; phone 425.214.4773; email [email protected]; Calendly tour booking) supported by a multi-channel marketing program including Instagram, Facebook, LinkedIn, broker receptions, Sights & Sounds events, and Art on the Avenue exhibitions. The project won Mixed-Use Development of the Year at NAIOP Washington State's 2025 Night of the Stars and reportedly achieved the highest condominium price-per-square-foot in Washington State.
Avenue Bellevue firmographics
Firmographics- Name
- Avenue Bellevue
- Legal name
- Silverstein Properties, LLC
- Website
- https://liveatavenue.com
- Company type
- Private
- Founded year
- 1957
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Avenue Bellevue is a luxury mixed-use development in Downtown Bellevue, Washington, owned by Silverstein Properties, comprising 365 condominiums in two towers, the InterContinental Seattle Bellevue hotel, curated retail, and The Plaza — now rebranded as Nobu Residences Bellevue, the first Nobu-branded residential project in the United States.
- Ownership category
- akta.pro rank
Avenue Bellevue industry classification
Industry- Product category
- Luxury Residential Real Estate
- NAICS
- Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Other Residential Care Facilities (623990), Residential Building Construction (2361)
- SIC
- Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Furnished Corporate Apartments (Urban, Mid-Rise) (THAMAHAG)
- akta.pro secondary industries
- Furnished Monthly Apartments (Urban/Residential) (THAMAFAB), Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)
Keywords
Where Avenue Bellevue is headquartered
LocationHeadquarters
- HQ city
- Bellevue
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Avenue Bellevue business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Marketing or Sales, Personnel, Infrastructure, Others
Revenue model
- Condominium Sales: Direct sale of luxury residential condominiums in two towers (The Residences and The Estates). Pricing ranges from $700k's for Residences to $1,200,000+ for Estates. 365 total luxury condominiums available for purchase.
- Retail and Hospitality Leases: Curated retail, dining, and hospitality experiences within the mixed-use development including InterContinental Seattle Bellevue hotel, LE BAR lobby lounge, and boutique retailers (Jo Malone London, MR., Fleur, Saks Fifth Avenue Club).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | The Residences Tower - Luxury condominiums from $700k's |
| One time/ perpetual license | Pay-as-you-go | The Estates Tower - Larger luxury homes from $1,200,000 |
| One time/ perpetual license | Pay-as-you-go | Crafted Home Series - Fully furnished model units |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
Avenue Bellevue product offering
Product offeringCore offering
Avenue Bellevue is a two-tower luxury mixed-use development in Downtown Bellevue, Washington, selling 365 condominiums across The Residences tower (from the $700k's) and The Estates tower (from $1,200,000), alongside the InterContinental Seattle Bellevue hotel, The Plaza public square, and curated retail. The residences are being rebranded as Nobu Residences Bellevue — the first move-in ready Nobu-branded residential project in the United States — adding branded public spaces, signature residential services, and a planned Nobu restaurant (anticipated 2027).
Product overview
Avenue Bellevue is a mixed-use luxury real estate development in Downtown Bellevue, Washington, featuring two residential towers—The Residences (condominiums from $700k's) and The Estates (larger homes from $1,200,000)—alongside the InterContinental Seattle Bellevue hotel, The Plaza public space, LE BAR cocktail lounge, and curated retail tenants including Jo Malone London, MR., Fleur, Refine Beauty, Saks Fifth Avenue Club, and Viya Contemporary. The project is being rebranded as Nobu Residences Bellevue, marking the first completed Nobu-branded residential development in the United States.
Differentiator
Problem solved
Functional benefit
Products and services
- The Residences Luxury condominiums at Avenue Bellevue's Residences Tower, priced from the $700,000s. Studio, 1-bedroom, and 2-bedroom configurations (approximately 571–1,749 SF) featuring Italian-crafted Ernestomeda kitchens, Gaggenau appliances, Antoniolupi spa-inspired bathrooms, and smart home integration. Targeted at affluent buyers seeking contemporary, elegantly appointed primary or secondary residences with full resort-style amenity access.
- The Estates Larger luxury condominium residences at Avenue Bellevue's Estates Tower, priced from $1,200,000. Two- and three-bedroom configurations up to approximately 2,430 SF with sophisticated designs, Italian gourmet Ernestomeda kitchens with Gaggenau appliance suite, designer spa ensuites with Antoniolupi and Gessi fixtures, and Poliform walk-in closet systems. Positioned above the InterContinental Seattle Bellevue hotel with panoramic views.
- Nobu Residences Bellevue Nobu-branded luxury residential offering at Avenue Bellevue providing residents with signature Nobu residential services, branded public spaces, and direct access to Nobu hospitality experiences and a future Nobu restaurant. Built on the underlying Residences and Estates condominium product, layered with the globally recognized Nobu hospitality brand under a limited, non-transferable license.
- The Avenue Roastery (Crafted Home Series) Fully furnished model 2-bedroom condominium in The Residences Tower (#1410), priced at $1.39M, designed by local designer Tara Nelson with a dark, moody aesthetic inspired by an espresso martini cocktail. Part of the Crafted Home Series showcasing fully realized, move-in ready interiors available for private tour and purchase.
Quantifiable outcome
- First completed and move-in ready Nobu-branded residential development in the United States
- +2 more outcomes
Companies that use Avenue Bellevue
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles1 record
Avenue Bellevue technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Avenue Bellevue partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- Nobu HospitalitycoreNobu Hospitality, the globally recognized luxury lifestyle brand founded by Nobu Matsuhisa, Robert De Niro, and Meir Teper, has rebranded the two luxury residential towers as Nobu Residences Bellevue. This is the first completed and move-in ready Nobu-branded residential development in the United States. Nobu provides branded public spaces, signature residential services, and a future Nobu restaurant anticipated to open in 2027.
- Polaris PacificcorePolaris Pacific is the leading real estate sales and marketing group for new residential communities, serving as the exclusive sales agent for Silverstein Properties at Avenue Bellevue. With a 40-year legacy of success in the Western United States, they specialize in new development sales.
- InterContinental Hotels & ResortscoreInterContinental Hotels & Resorts debuted its first Pacific Northwest property at Avenue Bellevue with more than 200 guest rooms, grand and junior ballrooms, lobby bar (LE BAR), fitness center, and dedicated valet and concierge team.
- Silver Art ProjectsminorSilverstein Properties' non-profit artist residency program based at New York's World Trade Center curates Art on the Avenue exhibitions featuring national and international artists, including works by Lady Aiko, Scott Chreist, and others.
- YerbanaminorSeattle-based social enterprise known for Yoga in the Park series brings weekly yoga and mindfulness experiences (Yoga in the Gallery) to Avenue Bellevue's Art Galleries, promoting accessible wellness in the community.
- Weber ThompsoncoreSeattle-based architecture firm led by senior principal Blaine Weber created the innovative, iconic, and luxurious project design with bold sculpted tower forms, focusing on connections and pedestrian experience.
- PFS StudiocoreCanadian planning, urban design and landscape architecture firm led by director Kelty McKinnon designed The Plaza's experientially rich landscaped spaces including streetscapes, internal shared street, plaza with water features, and amenity terraces.
- Hirsch Bedner Associates (HBA)coreLeading hospitality interior design firm with offices globally translated the Avenue vision through interiors and design experiences, led by Kathleen Dauber and Yulia Bekar, creating dramatic yet functional spaces inspired by Pacific Northwest landscape.
- Jo Malone LondonminorBritish fragrance house operates the only Jo Malone London boutique in the Pacific Northwest at 842 Avenue Square NE, offering complimentary hand and arm massages, bespoke scent consultations, custom bottle engraving, and seasonal floral workshops.
- MR.minorWoman-owned design studio led by Hillary Rielly showcases curated furnishings, lighting, and objects from international contemporary designers at 859 Avenue Square NE, featuring Poliform closet systems designed for every Avenue home.
- FLEURminorLuxury flower boutique offering European-inspired floral designs with personalized flower subscription services for residents, exclusive flower arrangements, and event florals at 846 Avenue Square NE.
- Viya ContemporaryminorContemporary art gallery founded by Vinaya Rao showcasing international artists exploring themes of identity, transformation, and belonging at 869 Avenue Square NE, featuring rotating exhibitions like Roots Reimagined.
- Saks Fifth Avenue ClubminorThe Fifth Avenue Club provides private, by-appointment-only shopping experience with expert personal styling from Saks' stylist team, located inside InterContinental Seattle Bellevue at 850 Avenue Square NE.
- Refine BeautyminorPremier full-service beauty salon offering expert hair, makeup, and nail services with highly personalized approach, marking its first Eastside location at 839 Avenue Square NE following three downtown Seattle locations.
- Silverstein PropertiescorePrivately held, full-service real estate development, investment and management firm based in New York, founded in 1957 by Chairman Larry Silverstein. Has developed, owned, and managed more than 45 million square feet of office, residential, hotel, retail, and mixed-use properties including World Trade Center redevelopment.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Avenue Bellevue competitors and assessment
Company assessmentDirect peers
- Four Seasons Hotels and Resorts: Operates a global portfolio of branded luxury residences integrated with hotels, including Four Seasons Private Residences in major global cities. Directly comparable to Avenue Bellevue's Nobu Residences concept of a globally recognized lifestyle brand powering premium residential pricing.
- The Ritz-Carlton Residences: Marriott's branded luxury residential portfolio offering hotel-style services and amenities to residential owners. Closely comparable to Avenue Bellevue's Nobu Residences Bellevue in combining a globally recognized luxury brand with residential living and hotel-style services.
- Aman New York: Ultra-luxury branded residences integrated with the Aman New York hotel in Manhattan, commanding premium pricing and a hospitality-driven resident experience. Directly comparable to Avenue Bellevue's positioning at the highest end of the luxury residential market with hotel integration.
- Baccarat Hotel & Residences: Branded luxury residences combined with hotel operations in New York City, featuring design-led interiors and signature services. Highly comparable to Avenue Bellevue's model of pairing branded residences with on-site hotel (InterContinental) and curated retail.
- The St. Regis Residences: Marriott's branded luxury residential portfolio with butler-style service and hotel-style amenities, sold in major global cities. Directly comparable to Avenue Bellevue's Nobu Residences concept of a globally recognized luxury lifestyle brand attached to for-sale residential product.
- The Setai Miami Beach: Luxury hotel and branded residences in Miami Beach combining high-end hospitality with residential ownership. Comparable to Avenue Bellevue's mixed-use model pairing an international luxury hotel brand with adjacent residential units and curated retail.
- Spire Seattle: Luxury high-rise residential condominium tower in downtown Seattle targeting affluent Pacific Northwest buyers. Directly comparable to Avenue Bellevue as a regional luxury residential peer competing for the same high-net-worth buyer pool in the Seattle-Bellevue metropolitan area.
Broad incumbents
- Related Companies: Major U.S. real estate developer behind Hudson Yards and numerous branded luxury residential projects (e.g., Related's branded condo portfolio). Comparable as a broad incumbent developer with luxury mixed-use and branded-residence capabilities at much larger scale than Avenue Bellevue.
- Tishman Speyer: Major global mixed-use real estate developer with significant New York City portfolio and branded-residence experience. Comparable to Silverstein Properties (Avenue Bellevue's parent) as a broad incumbent developer with mixed-use and luxury residential capabilities.
- Hines: Global real estate investment and development firm with a substantial luxury and mixed-use portfolio across the U.S. and internationally. Comparable as a broad incumbent developer with the scale, capital base, and branded-residence track record relevant to Avenue Bellevue's positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Avenue Bellevue social profiles
Digital presenceAvenue Bellevue financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avenue Bellevue leadership team
Management profileNumber of profiles
Profiles5 records
Avenue Bellevue funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avenue Bellevue M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avenue Bellevue
What does Avenue Bellevue do?
Avenue Bellevue is a two-tower luxury mixed-use development in Downtown Bellevue, Washington, selling 365 condominiums across The Residences tower (from the $700k's) and The Estates tower (from $1,200,000), alongside the InterContinental Seattle Bellevue hotel, The Plaza public square, and curated retail. The residences are being rebranded as Nobu Residences Bellevue — the first move-in ready Nobu-branded residential project in the United States — adding branded public spaces, signature residential services, and a planned Nobu restaurant (anticipated 2027).
Is Avenue Bellevue a public or private company?
Avenue Bellevue is a private company. It is classified as corporate owned and is currently operating.
When was Avenue Bellevue founded?
Avenue Bellevue was founded in 1957. It employs 51 to 100 people.
Where is Avenue Bellevue based?
Avenue Bellevue is headquartered in Bellevue, United States, in the North America region.
How does Avenue Bellevue make money?
Two revenue lines are on record. Condominium Sales are the primary driver. The others are retail and Hospitality Leases.
Who are Avenue Bellevue's main competitors?
Direct peers on record are Four Seasons Hotels and Resorts, The Ritz-Carlton Residences, Aman New York, Baccarat Hotel & Residences, The St. Regis Residences, The Setai Miami Beach and Spire Seattle. Broad incumbents are Related Companies, Tishman Speyer and Hines.
Does Avenue Bellevue have an API?
No public API is recorded for Avenue Bellevue.
What industry is Avenue Bellevue in?
Avenue Bellevue's product category is Luxury Residential Real Estate. Its primary akta.pro industry code is THAMAHAG, Furnished Corporate Apartments (Urban, Mid-Rise), with a secondary code of THAMAFAB, Furnished Monthly Apartments (Urban/Residential). Its NAICS code is 62331 and its SIC code is 7000.