Land near Lake Sammamish goes up for auction
May 1, 2012
The undeveloped land near Lake Sammamish approved for the Mallard Bay development is up for auction.
Several years ago, developers proposed the Mallard Bay complex for a site at Southeast 43rd Street and East Lake Sammamish Parkway Southeast. The site encompasses 13 acres across East Lake Sammamish Parkway Southeast from the Lake Sammamish State Park boat launch area.
Realty Marketing/Northwest is accepting sealed bids on the property until May 16. There is no minimum bid for the site. Find information about the auction at Realty Marketing/Northwest’s website, www.rmnw-auctions.com.
The undeveloped site is approved for construction of up to 255 units. Under the existing permit, the eventual developer is required to include some housing for senior citizens.
In July 2006, City Council members OK’d development on the site. The commercial site development permit is still in place, and the buyer can extend the permit. Earlier plans called for construction to start in mid-2007.
The site includes conceptual plans attached to any sale. The plans outline 167 units spread throughout four buildings on the property.