SEATTLE-Aegis Living, a Redmond, WA-based operator of senior care properties is developing a senior care complex in Bellevue, WA. The 86-unit property is under construction on 1.45 acres and is expected to open in 2010.

The development site is 148 102nd Ave SE, which was previously home to the Bellewood Apartments. Aegis executive Brian Poggi tells that after several months of planning and negotiations with property owner Polygon Northwest Aegis recently acquired the property and contracted with Polygon to construct the new assisted-living community.

“It’s an incredible location,” Poggi says. “The demographics – the home values, the age of the population, etcetera — those things look very good for our business.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.