Madison Homes' Belcarra Condominium Project Receives Design Approval

BELLEVUE, WA-The most ambitious Eastside project thus far for Kirkland-based Madison Homes, the Belcarra condominium complex has received approval of its design from the Department of Planning and Community Development. Belcarra’s 820 condo units will be divided among four towers of 23-stories each.

Madison Homes plans to erect the towers one at a time. Groundbreaking for the first will come sometime this spring, with its completion penciled in for the fall of 2002. Madison anticipates that the entire complex, located on NE 10th St., between 106th Ave. NE and 108th Ave., will be completed by 2006.

Occupants of the four buildings will share a common 10,000-sf health club and pool in the central courtyard. Each tower will also include 3,000 sf of retail space; possible tenants for which would include a restaurant and service companies such as a dry cleaner and a business-service center.

While this is Madison’s largest undertaking on the Eastside to date, its parent company, Vancouver B.C.-based Winchester Investments Ltd., has built in excess of 9,500 residential units in the Pacific Northwest over the past 20 years.