Bothell citizens, business and community leaders came together several years ago to develop a vision for Bothell’s downtown and for Bothell’s future as a whole. The first downtown revitalization projects broke ground in 2010. To date, the City has invested over $100 million in vital capital projects as part of a $150 million program initially planned and approved several years ago. These improvements, according to economic studies, will leverage $650 million in private investment. Already Bothell has garnered $200 million in private investment planned for downtown in the next several years.
Lots A, D, E, F, G and P are in the process to sell. Kidder Mathews is marketing the properties for sale on their website, City of Bothell Properties. Details about each property are available below.
Lot A Pending
This lot is in a contract with a 12-month due diligence period. The City anticipates it to close by December 2020.
Lot D for sale in downtown Bothell
Public Works is cleaning up this area (located just south of the Boulevard Place/SHAG property). A contractor is working on the final contaminated soil and groundwater Wexler clean up project. Lot D is currently for sale and after the clean up is completed, it will be sold and become private property. On Sept 1st, City Council considered entering into a purchase and sale agreement for the development of Lot D. If approved, proceeds from the sale of Lot D will be used to rebuild the City’s fund balance, pay for downtown clean up, and backfill City Hall lease payments as necessary.
Lots E, F, and G
The City is working to determine if lots E, F, and G have contamination and is anticipating to put these lots on the market within the next year. Parking in these lots is temporary with limited notification about lot closures in the future. Temporary parking will not be available on these lots.
Lot P South
Th clean up is complete and monitoring wells are installed. The wells are tested on a quarterly basis until the site is declared clean. Lot P will go on the market after two -quarters of clean test results.