8520 164th Ave NE, an 18,000 SF corner development site situated in the heart of Redmond. Current zoning, Town Square (TSQ), provides developers a prime opportunity to build a roughly 130-unit multifamily project on a centrally located, flat site in Downtown Redmond. As part of the Redmond 2050 initiative, the city reduced the number of zoning districts from 50 to 18, with the Downtown Core zone encompassing areas previously designated as TSQ while allowing for the same base density. The location benefits from exceptional connectivity, including its proximity to the Redmond Transit Center (0.2 miles) and the Sound Transit East Link Light Rail station. These features, coupled with flexible development options, position the site as a unique value proposition in one of the Eastside’s fastest