City Support Fuels Growth in Seattle's Neighboring Town
The City of Bothell is poised to become a thriving business center as developers are flocking to the area and interest mounts on 35+ acres currently being auctioned.
Newport Beach, CA (PRWEB) September 7, 2006 -- A surging wave of development is moving toward the towns bordering major cities, as in the case of Seattle and the neighboring town of Bothell.
The City of Bothell is experiencing tremendous growth and City officials clearly support this wave of development by welcoming investors and site developers to the many parcels of land particularly zoned for commercial development.
“Our goal of expansion entails attracting new business and industry to Bothell properties while creating a balance between that business development and the quality of life for the citizens of Bothell,” stated Terrie Battuello, Economic Development Manager for the City of Bothell. “With a workforce of about 27,000 and a resident population totaling almost 32,000, the appeal of Bothell is clear.”
As a mainstay of the “biotech corridor,” Bothell is quickly becoming a thriving business center unto itself. The University of Washington is undertaking a huge expansion program with more than $100 million dollars of construction over the next six years to prepare for the addition of about 7,000 student enrollments. In a recent Washington CEO Magazine, Bothell boasts seven of the “Top 100 Public Companies in Washington.”
“There is a clear advantage to locating in Bothell,” says Battuello.
One particular parcel of land in Bothell that has attracted significant attention from developers and a great deal of support from the City is the 35+ acres of mixed use property currently on auction by LFC Online. As the state of Washington’s first totally online real estate auction sale for major acreage, this event represents a shift from traditional real estate sales to one that exposes the property to potential buyers from around the world. Serious bidders may participate in a fair and transparent bidding process online. The broad market appeal to both developers and investors is heightened by the exceptional support from the City, the thriving development of businesses and the attractive minimum bid of $2 million.
Bothell is approximately 18 miles from downtown Seattle and accessible from the I-405 and State routes 522, 524 and 527. It is home to the University of Washington Bothell/Cascadia Community College and large corporations such as Airborne Express, Amgen, ICOS and The Seattle Times.
You can find out more about the property and LFC Online by visiting www.lfc.com/657R2, home to America’s Real Estate Marketplace™.
The LFC Group of Companies
For over 30 years, LFC has successfully sold thousands of commercial and residential properties in excess of $3 billion through auctions. Now LFC Online offers a unique combination of Internet technology, experienced real estate and marketing professionals, and decades of auction knowledge to deliver successful online auction marketing for the sale of industrial, retail, office, land and residential properties to domestic and international markets.
www.lfc.com/657R2
City of Bothell
The City of Bothell is a full-service municipality that provides the highest quality of public service to almost 32,000 citizens through a Council-Manager form of government. On the verge of celebrating its centennial in 2009, the City of Bothell is proud to continue to build on its rich history with innovation over the next 100 years.
www.ci.bothell.wa.us
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